Business Tax

In the second part of our series of posts in respect of the recent Budget, we take a look at changes made that may affect entrepreneurs and businesses, and we start with a quick look at Business Tax.

Corporation tax (CT) rates

The main rate of CT is 19% for the Financial Year (FY)

In this post about the impact of the recent Budget on private clients, we take a look at Capital Gains Tax (CGT) and Inheritance Tax (IHT) with a quick reminder of the main provisions.

Capital Gains Tax (CGT)

There were no significant changes to the regime for CGT in the 2022 Budget.  The

Following on from the Chancellor’s Budget in March, in this second post about the implications of the changes outlined by Rishi Sunak, we take a look at National Insurance.  

Employees’ National Insurance (NICs)

Increase in the National Insurance threshold and Lower Profit Limit

From 6 April

Chancellor Rishi Sunak presented his Budget on Wednesday 23 March 2022.

This was against a backdrop of significant increases in inflation and consequently falling living standards together with the conflict in Ukraine.

The Budget is, of course, one of the government’s keynote speeches each year. 

In this, our last post of 2021, we’re concluding our series of Autumn Budget posts with a quick look at the changes to the National Insurance Contributions scheme.

National Insurance Contributions (NICs)

In September 2021 the government published its proposals for new investment in health and

As the year draws to a close, we take a quick look at the implications of the recent Budget for entrepreneurs and businesses, and in particular, in this post, we recap on what you need to know in respect of business tax issues.

Making Tax Digital (MTD)

MTD for income tax

The MTD regime is

Following this year’s Spring and Autumn Budgets, in this post, we take a quick look at how the provisions of both may affect you when it comes to your investments and pensions.

Tax Efficient Investments

Green National Savings and Investment (NS&I) product

In the Spring Budget 2021, the

Private Clients

As the first of our posts about this year’s Autumn Budget, we take a look at the changes and implications that the Budget may have for you in respect of income tax and Capital Gains Tax.

Income Tax

The importance of understanding the tax allowances, bands and rates is to optimise

The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech, he set out the plans to “build back better” with ambitions to level up and reduce regional inequality.

Encouraged by better than expected growth, borrowing and employment figures, the Chancellor set a bullish