Firm News

Chancellor Kwasi Kwarteng has outlined a series of tax cuts and economic measures in a massive shake-up of the UK's finances. In a bold statement, the Chancellor is hoping that massive borrowing alongside tax cuts will kick-start the economy and provide relief to...

I reminded myself that this was a mini budget statement as I pondered some of the items which were missing from the headlines. I was also cautioned by one of my canny farming clients this morning that the devil is always in the detail. Having said that, I thought...

The government has been bold with tax cuts which will impact both businesses and individuals. Individuals have been given good news with the cut in basic rate tax by 1% being brought forward early from April 2023. Additional rate tax payers will be very happy with the...

I listened eagerly to the new Chancellor, Kwasi Kwarteng's statement who I thought spoke well during his 30 minute speech. Was this a Mini Budget?? WOW….. This “Mini Budget” had more amendments to tax than I ever recall from a full budget in the past. This contained...

With a Budget Speech, it's normal that the majority of the detail has already been leaked beforehand, something I always struggle to understand.  With regards to today's 2022 mini-budget - I was shocked at the package of tax cuts announced that were not perhaps...

If this statement from the Chancellor is deemed to be “mini” then heaven help us when he comes to making a major statement! But whether it was “mini” or “maxi” there is lots to look through whilst trying to understand if it is a “final throw of the dice” or the “new...

Reading the start of the Policy Paper trumpeting the cancellation of the intended increase in the headline rate of corporation tax from 1 April 2023, if you hadn’t lived through the surreal last month or so, you would assume that when Liz Truss became Prime Minister...

The Autumn Statement introduced by our new Chancellor, Kwasi Kwarteng, has provided some headline changes for individuals. It was announced yesterday that the increase in employees’ and employers’ national insurance is being reversed from 6 November, so next month’s...