Today marked the first budget presented by a female chancellor of the exchequer and the biggest tax raising budget since 1993, raising £40bn. Here we summarise the key changes you need to know about: National Living Wage The rate will increase by 6.7% to £12.21 per...
On 29 July the Chancellor Rachel Reeves revealed the first budget will take place on 30 October 2024. In her speech she painted a grim picture of the country’s finances so what can we expect from the budget? Personal Taxes - the Labour party manifesto pledged not to...
HMRC announced yesterday permanent changes to their self assessment, PAYE and VAT helplines, forcing a shift to more use of online services. The changes being made are: Self Assessment The service will only run from 1 October to 31 January each year for...
Yesterday saw Jeremy Hunt deliver what is expected to be his pre-general election budget with the main focus remaining on tackling inflation, boosting economic growth and rewarding hard work. There were several headline grabbing announcements mainly aimed at workers...
Big news for all limited companies. From the 4th March, Companies House, the UK's company registrar, is bringing in changes in respect of an update to the Economic Crime and Corporate Transparency Act. The main change is that all companies will need to have a...
This week, Chancellor Jeremy Hunt presented his Autumn Statement with the underlying message that inflation is falling and public finances are stabilising, so focus is now being applied to reducing debt, cutting tax and rewarding hard work. If you want some bedtime...