We were delighted to be in parliament for the Chancellor’s Autumn Budget. As promised in our earlier post, and as has been our custom for the past 35 years, here is our summary of the main announcements. Any questions, please get in touch at 028 796 31343. Personal … [Read more...]
We’re in parliament today for Chancellor’s Budget Announcement
Exciting news! We are in Parliament today to hear the UK Chancellor Phillip Hammond's Autumn Budget Announcement. Look out for our Budget summary. John Barfoot has been writing a Budget summary at each announcement for the past 35+ years. It will be published here and sent … [Read more...]
Chancellor’s Budget Summary March 2017
Summary of the main announcements in the Spring Budget, 8th March 2017 The Chancellor confirmed that the individual personal allowance will increase to £11,500 for 2017/18 from the current rate of £11,000. The Higher Rate Threshold will rise by £2,000. This means … [Read more...]
George moves the business goal posts – Changes to taxation of dividends for small business directors
The recent Finance Bill contains a number of changes that will adversely affect small businesses across the UK. From 6th April 2016, the shareholder directors of small businesses will likely see a reduction in their take home pay as a result of changes in the 2016 Finance … [Read more...]
Chancellor’s ‘Stability’ Budget 8th July 2015
Click here to read our summary of the Chancellor's Budget 8th July 2015 The chancellor presented an upbeat message with various interesting and helpful changes to the existing tax regime. The projected cut in the rate of Corporation Tax to 18% in 2020 was unexpected and … [Read more...]