Amidst the backdrop of an economy in recession and struggling with the consequences of record inflation levels, Chancellor Jeremy Hunt delivered his Autumn Statement today. Clarifying the Government’s economic focus after the confusion following the Mini Budget U-turns, the Chancellor championed the Government’s three economic priorities; stability, growth and public services. In practical terms, Chancellor…
The Chancellor’s Spring Statement was delivered amidst dire social and economic circumstances. Living costs continue to increase at an alarming rate; the levels of inflation escalating to the highest in 30 years within an economy struggling to find its feet after the Coronavirus pandemic. Events played out on an international level will also have consequences…
The Prime Minister, Boris Johnson, has announced that the Government will revert to ‘Plan B’ in response to the rise in cases of the Omicron coronavirus variant. This plan introduces updated guidelines, and includes new restrictions for both businesses and individuals. There has been some confusion around the interpretation of the ‘Plan B’ regulations, but…
In the midst of headliners and fevered speculation, Chancellor Rishi Sunak finally delivered his Autumn Budget on 27th October 2021. The Chancellor made clear that this was a Budget to herald a new age of optimism, and would be the foundation stone of a recovering economy emerging stronger than ever after a turbulent 18-months. Embedded…
Philip Hammond has delivered his third Budget as Chancellor, announcing proudly that “austerity was coming to an end.” Many are sceptical of a budget which was billed by the Chancellor as helping hard working families, supporting our vital NHS, tackling our failing transport system and ensuring that multi-national tech giants pay their way. This is…
Outlined are some of the key changes from today’s Budget and also our professional view as to how it will affect you and your business:- National Living Wage will increase to £8.21 From April 2019 the National Living Wage will increase from £7.83 an hour to £8.21. This will benefit around 2.4 million workers,…
The Chancellor Philip Hammond delivered his Autumn Budget speech yesterday. His delivery focused on preparing the UK for a future after Brexit and for changes in technology that will affect government, businesses and individual taxpayers. Enclosed is a copy of WHA’s Autumn Budget Summary, outlining how the changes may affect you and your business. WHA…
This afternoon, the Chancellor Philip Hammond delivered his Autumn Budget speech, which from the outset focused on preparing the UK not only for the future with regards Brexit, but also the brave new technological world that will shape and change the lives of UK taxpayers and businesses. The information found within the Treasury’s budget report…
The Chancellor Philip Hammond announced the changes in his Autumn Budget earlier today. Enclosed are a list of key announcements from today’s budget and when the changes will take place:- With immediate effect: new announcements From 22 November 2017, Stamp Duty Land Tax (SDLT) abolished for first time buyers on homes costing up to £300,000;…
In his last ever Spring Budget, Chancellor Philip Hammond promised that his government would ensure the country had enough “fuel in the tank to go the distance” during the Brexit process. Other than “breaking” the Tory manifesto not to increase VAT, Income Tax or NI, the budget was not full of too many headline announcements.…
