Budget
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Aug- 2024 -30 August
Budget attack on IHT ‘could harm the economy’, Hurst says
Entrepreneurs could be driven away from the UK if the Labour government “attacks business relief” on inheritance tax in the…
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Mar- 2024 -6 March
Chancellor cuts NI by a further 2p as part of Spring Budget
Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance, falling from 10% to 8% from 6 April,…
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Nov- 2023 -23 November
Industry reacts: Accountants welcome NI cut despite fiscal drag concerns
The accountancy sector has primarily welcomed plans to make full expensing permanent for businesses as well as a 2% cut…
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Mar- 2023 -16 March
Accountancy sector welcomes Spring Budget’s boost for businesses
The accountancy sector has largely welcomed the measures put forward by chancellor Jeremey Hunt in his Spring Budget yesterday, particularly…
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15 March
Spring Budget: Corporation tax to rise to 25%
Corporation tax is set to rise from 19% to 25% for firms with profits over £250,000, as part of a…
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Nov- 2022 -18 November
Industry reacts: Autumn Statement ‘light on growth’
While the accountancy sector has welcomed the “stability” encouraged by the latest Autumn budget, it has warned the UK now…
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17 November
Chancellor freezes tax thresholds in Autumn statement
Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax…
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Oct- 2021 -28 October
Accounting industry welcomes Budget’s R&D push
The accounting industry has welcomed “promising signals” for continued investment in research and development (R&D) and innovation. Yesterday (27 October),…
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27 October
Chancellor unveils biggest single-year rates cut in over 30 years
Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to…
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Sep- 2021 -7 September
PM announces £12bn-a-year tax hike to fund NHS and social care
Prime Minister Boris Johnson has announced that the Government is set to introduce a £12bn-a-year tax hike from April 2022…
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