Spring Statement 2026

Spring-Statement-2026

The Spring Statement 2026, delivered by Rachel Reeves, focused on economic stability, steady growth and restoring confidence across the UK economy.  While the Statement did not introduce major new tax measures, it set the financial and policy direction that directly affects business planning, property investment decisions and landlord strategy over the coming years.

Continue reading

Autumn Budget: Capital Taxes

Capital--Taxes

This article provides a concise overview of the Autumn Budget 2025 changes affecting capital taxes, highlighting a clear shift towards tightening reliefs while maintaining stability in core thresholds. It covers key updates to Capital Gains Tax, including changes to reliefs for business owners and employee ownership structures, alongside reforms to carried interest and incorporation relief.

Continue reading

Autumn Budget: Business

Business-Taxes

Here we summarise the Autumn Budget 2025 measures affecting UK businesses, setting out a broadly stable Corporation Tax landscape alongside targeted reforms designed to support investment and growth. It covers the confirmation of Corporation Tax rates, changes to capital allowances and writing down allowances, and the introduction of new first-year reliefs to encourage capital expenditure.

Continue reading

Autumn Budget: Employment

Employment--Taxes

This article outlines the key Autumn Budget 2025 measures that employers need to be aware of, focusing on employment taxes, pay obligations, and workforce benefits. It covers National Insurance contribution rates and thresholds, the continuation of employer reliefs, increases to the National Living Wage and National Minimum Wage, and changes to the taxation of company cars and vans.

Continue reading

Autumn Budget: Personal Tax

Personal-Taxes

This article summarises the Autumn Budget 2025 measures affecting personal tax, with a continued emphasis on frozen thresholds alongside targeted rate changes that will gradually increase the tax burden for many individuals. It outlines the ongoing freeze to Income Tax and National Insurance bands, updates to allowances, and changes to the taxation of savings, dividends, and property income from 2026 and 2027 onwards.

Continue reading

The 2025 Budget

The-2025-Budget

Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget on 26 November 2025. The increases will be achieved through a range of measures, including extending the freeze on Income Tax thresholds for a further three years.

Continue reading

Spring Statement 2025

Spring-Statement

Chancellor of the Exchequer Rachel Reeves held the spring statement on Wednesday, 26th March 2025. In the run up to the event, the Chancellor stated that she ‘remains committed to one major fiscal event a year to give families and businesses stability and certainty on upcoming tax and spending changes and in turn, to support the government's growth mission’.

Continue reading

How NIC changes will affect Directors’ remuneration

Directors-Salary

The Autumn Budget 2024 introduced significant changes to National Insurance Contributions (NICs) that will directly impact company directors, particularly those who take a minimal salary for tax efficiency.

From 6 April 2024, the main rate of Class 1 employee NICs will reduce to 8%, while the employer rate remains at 13.8%.

Continue reading

Taxable benefits for company cars

Company-Cars-2024

The Autumn Budget 2024 brought key updates to taxable benefits for company cars. These changes, effective from April 2025, will affect both employers and employees who use company vehicles. Businesses must understand these updates to remain compliant and optimise tax planning.

Continue reading

Personal Tax Updates: Autumn Budget 2024

Personal-tax-2024

The Autumn Budget 2024 has brought several key updates to personal tax policies in the UK. Whether you're a salaried individual, a business owner, or an investor, these changes will affect how you manage your finances. This article is a summary of the most critical updates announced.

Continue reading

How the Autumn Budget 2024 impacts your business

Business-Tax-2024

The Chancellor's Autumn Budget 2024 announcement has brought stability and opportunities for businesses, with changes that will impact financial planning, investment strategies, and operational costs. Let’s delve into the key highlights and what they mean for businesses across the UK.

Continue reading

Autumn Budget Summary 2024

Autumn-Budget-2024

Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.

Billions in tax rises

Ms Reeves said the Budget will raise £40 billion in taxes. Employers’ National Insurance contributions (NICs) will be increased from next April while Capital Gains Tax rates will also rise.

Continue reading

Getting ready for the year ahead – April 2024

Tax-updates-for-2024

The new tax year started on 6 April 2024; this is a good time for businesses to prepare for the year ahead. Several changes were announced in the Spring Budget, which you need to consider.

Continue reading

Budget Update - Other matters

Budget-Update-Other-Matters

Several changes were announced in the Spring Budget announcement on 6 March 2024 that will impact individuals and businesses. These include the VAT registration threshold, Stamp Duty Land Tax Changes, simplification measures, and other tax duties. 

Continue reading

Budget Update - Capital Taxes

Budget-Update-Capital-Taxes

Changes to Capital taxes were announced in the Spring Budget on 6 March 2024. These included changes to Capital Gains Tax rates, CGT annual exemption, Inheritance Tax nil rate bands, as well as modifications to Agricultural Property Relief and Woodlands Relief

Continue reading

Budget Update - Business Tax

Budget-Update-Business

This article gives information about business tax and allowances announced at the Spring Budget on 6 April 2024. This includes Corporation tax rates, Capital allowances, Transfer of assets abroad, Creative Industries, Furnished Holiday Lettings, R&D Relief, Business Rates and Freeports and Investment Zones.

Continue reading

Budget Update - Employment

Budget-Update-Employment

This article is important for employers and self-employed who want to keep up to date with the changes announced in the Spring Budget on 6 March 2024. There is information about National Insurance Contributions, Employees and NIC, The Self-Employed, National Living Wage and National Minimum Wage, as well as Company cars and vans.

Continue reading

Budget Update - Personal tax

Budget-Update-Personal-Tax

It is important to check how the changes announced in the Spring Budget on 6 March 2024 will affect your personal tax. There are a number of taxes and allowances that are important, such as Tax bands and rates, Personal Allowance, Marriage Allowance, Tax on savings, Tax on dividends, Pension tax limits, Individual Savings Accounts, High-Income Child Benefit Charge and information for Non-UK domiciled individuals.

Continue reading

Summary of Spring Budget 2024

Spring-Budget-2024

Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’.

Continue reading

Spring Budget Predictions 2024

Spring-budget-predictions

There has been a lot of speculation about what will be announced in the Spring Budget on 6 March 2024. This is the final budget for Jeremy Hunt, Chancellor of the Exchequer, to set tax policies that will steer the Conservatives towards the general election.  The assumption is that the Chancellor will focus on areas that may help them with votes.

Continue reading