Last chance to maximise reliefs and allowances As the tax year draws to a close, the WHA Tax Team would like to take the opportunity to remind you of tax reliefs and allowances that you could possibly optimise before the deadline of 5 April 2023. To help you decide what you can claim for…
The Growth Plan – Dramatic Changes On 14 October, Chancellor Kwasi Kwarteng was displaced as Chancellor of the Exchequer amid intense speculation that Prime Minister Liz Truss is about to renounce key parts of the economic plan as stipulated in the Mini Budget announced last month. Today’s events mark further U-turns announced by the Government;…
Kwasi Kwarteng was appointed Chancellor of the Exchequer on 6 September 2022 amidst a turbulent time for the Conservative Government, and within the wider context of financial hardship for many individuals and businesses. Chancellor Kwarteng’s first task was to deliver a mini-budget — effectively an emergency budget — which could drive forward the manifesto pledges…
By Jake Cohen, Finance and Regulatory Analyst at White Hart Associates Travel businesses do not want mandatory bonds or the forced segregation of customer monies as part of a new-look Air Travel Organiser’s Licence (ATOL) scheme. These are two of the key findings from the Civil Aviation Authority’s (CAA’s) long-awaited summary of responses from…
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…
Against the backdrop of a successful vaccine programme and the proposed forthcoming easing of restrictions, Chancellor Rishi Sunak delivered his Budget to an attentive nation. This Budget was prepared with the promise of ‘…support for people and businesses and families through the remaining stages of this crisis, but also to provide a long term recovery…
The Chancellor Rishi Sunak delivered the 2021 Budget this afternoon. His speech outlined his promise to continue to support of the economy, taxpayers and businesses during the remaining months of the pandemic. But the Chancellor also set out a long term recovery plan to “balance the books” after unprecedented support. The Chancellor stated that “our…
At the outset of the COVID-19 crisis, one of the first support measures put in place by the Government was to grant businesses the option of deferring VAT payments for liabilities due between 20 March 2020 and 30 June 2020. We know many of our clients utilised this HM Revenue & Customs reprieve, and as…
The Government has imposed a third national lockdown in England, which is a severe hit for many businesses in what has proved to be an extremely difficult period. Under the restrictions outlined at Prime Minister Boris Johnson’s announcement all non-essential retail, hospitality and personal care services must close—or remain closed—until at least the middle of…
Since the Government announced its support of businesses back in March, we have been told by the Chancellor Rishi Sunak to expect some changes as time progressed. This week he has announced changes to the Coronavirus Job Retention Scheme which may have an effect on you, and your business as an employer. Changes From…
