Spring Budget 2021

Yesterday, Chancellor Rishi Sunak presented his Budget, which as expected focussed a lot on continuing short-term measures to help support both individuals and businesses through the next few months, but also included some longer-term plans in the government’s attempt to try and reduce the national borrowing. Here is a summary of some of the key… Continue reading Spring Budget 2021

Time To Pay Tax

If coronavirus means you can't pay a tax bill on time, the government is offering Time To Pay (TTP) as a way of easing cash flow problems. It is important to appreciate that TTP cannot be used to reduce tax liability. TTP is just that - it buys time, giving you breathing space and spreading… Continue reading Time To Pay Tax

Budget 2015

George Osborne presented the final Budget of this Parliament on Wednesday 18 March 2015. It is possible that some of the proposals outlined in the Budget will not come to fruition unless the Conservative Party is in power after the election, although Ed Balls has indicated that there was nothing in the “pretty empty” Budget… Continue reading Budget 2015