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Following the Chancellor’s Spring Budget speech last month, we have put together a summary of the most significant announcements to help you understand what the 2024 Budget means for you. His speech promised more investment, more jobs, better public services, and lower tax. National Insurance The Chancellor made further changes to National Insurance Contributions (NICs),… Read more
Chancellor Jeremy Hunt unveiled the 2023 Budget on Wednesday. Although the word ‘unveiled’ may be a slight exaggeration. Not so long ago, the contents of each Budget were a closely guarded secret. Neither the press nor the public would know for sure what it would contain. Below is our summary of the most significant announcements… Read more
The future policies for the UK economy, which will be announced in the second budget of Chancellor Jeremy Hunt, could be one of the most difficult to predict for a long time. This follows on from an Autumn Statement in November 2022 which came at a time when inflation was increasing quickly and the stock and… Read more
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. Main Budget proposals Tax measures include: Other measures include: Some Budget proposals may be subject to amendment in the Finance Bill 2021-22…. Read more
The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech he stated his Budget ‘meets the moment with a three-part plan to protect the jobs and livelihoods of the British people’. With the UK having been adversely affected by the coronavirus (COVID-19) pandemic, Chancellor Rishi Sunak presented the 2021… Read more
There has been a lot of speculation over recent weeks regarding the contents of Rishi Sunak’s summer budget. Many anticipated changes to VAT and stamp duty but there were some complete surprises. For property investors, the reduction to stamp duty creates some significant savings too. Here are the details of the announcements: VAT The VAT… Read more
The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020. In his speech he stated ‘we are at the beginning of a new era in this country. We have the freedom and the resources to decide our own future’. It is a Budget of a government that gets things done’. Our summary… Read more
