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Budget News

Date: 12th March 2020 | Post by: HaesCooper | Category: Budget News
Just four weeks into his new role of Chancellor of the Exchequer, Rishi Sunak delivered the budget on the 11 March 2020. As expected, the first topic the Chancellor addressed was the coronavirus outbreak, so many are worried about. After announcing fiscal stimulus, sick pay, the NHS and assistance...
Date: 2nd March 2020 | Post by: HaesCooper | Category: Budget News, Company Tax Updates & Information, Personal Tax Updates & Information
[“Downing Street” by RachelH_ is licensed under CC BY-ND 2.0.] New Chancellor Rishi Sunak is due to release his first budget on the 11th March 2020. After the success of the last election and the quick exit of former Chancellor Javid, Chancellor Sunak is likely to want to ensure his Budget...
Date: 30th October 2018 | Post by: HaesCooper | Category: Budget News
There was some good news for businesses in yesterday's Autumn Budget Statement... please find below the main highlights... Personal tax The increase of personal tax allowances to £12,500 and the higher rate threshold to £50,000 will be implemented a year earlier than previously planned and so will...
Date: 20th April 2017 | Post by: HaesCooper | Category: Budget News, Company Tax Updates & Information, HMRC Updates
1. Savings, Personal Tax, National Insurance and Pensions. 1.1 A new Personal Savings Allowance The government will introduce an allowance from 6 April 2016 to remove tax on up to £1000 of savings income for basic rate taxpayers and up to £500 for higher rate tax payers. Additional rate taxpayers...
Date: 20th April 2017 | Post by: HaesCooper | Category: Budget News, Company Tax Updates & Information, Personal Tax Updates & Information
The Chancellor has presented the Autumn Statement to Parliament – here's a summary of what was announced. 1. The UK has the fastest growth in the G7 and the deficit is forecast to be halved – but there is still more to do The UK has the fastest growth in the G7, there are more people in work than...