On Wednesday 16 March 2016, George Osborne delivered his eighth Budget. I will be the first to admit that I was expecting this to be a spending- rather than tax-focussed budget. In fact, I was wondering how much there would be for me to write a blog about, particularly as we have the “tax lock”… Continue reading Budget 2016: Move over Ranieri, there’s a new “Tinker Man” in town!
On Thursday 5 December, Chancellor George Osborne gave his 2013 Autumn Statement outlining a number of developments in key areas of tax.Personal Allowance for 2014/15For those born after 5 April 1948 the personal allowance will be increased from £9,440 to £10,000. When the current Government came into power in 2010 the personal allowance was £6,475… Continue reading Autumn Statement 2013
The Chancellor of the Exchequer, George Osborne, delivered his 2013 budget on 20 March. There was lots of talk about deficit and debt, growth and GDP, but what I’m sure you want to know is.....how does it affect me? One of the headline-grabbing announcements was the acceleration of the increase in personal allowance (tax free… Continue reading 2013 Budget Summary
On the 29th November an updated forecast was published by the Office of Budget Responsibility on the UK economy. This was followed up by a statement from Chancellor George Osborne later that same day in the House of Commons. It has been a few days since these announcements and you have had time to… Continue reading Autumn Statement – What it means for SMEs