Yesterday in the House of Commons, Chancellor Jeremy Hunt unveiled the contents of his Autumn Statement against a backdrop of rising inflation and economic recession. Below is a link to our full summary of the Autumn statement which covers the following topics: Income tax National Insurance contributions Capital Gains Inheritance Tax Stamp Duty Land Tax
Chancellor, Jeremy Hunt has unveiled the contents of his Autumn Statement today in the House of Commons. We will be producing a full summary of what was announced in due course, but here are the key points at a glance: Household energy price cap extended for one year beyond April but with typical bills capped
What does your job as Receptionist/Administrator involve? I am the first point of contact in the Chichester Office. I am responsible for administrative tasks on behalf of the Directors, answering emails and calls to clients, and any other ad-hoc admin tasks for the team in the office. What does a typical working day look like
Today is International Accountants Day, and at Blue Spire we are celebrating our staff and the important job they do to help our clients so they can focus on growing their own businesses. Here, we talk to our Not-for-Profit Audit and Accounts Manager, Jon Phillmore about how he got into the field of accountancy. What
HMRC has launched a variable payment plan which allows employers to set up a recurring direct debit to pay PAYE and national insurance contribution liabilities. Under the old PAYE system, only a single payment could be made by direct debit. The new system, which was initially due to be launched last month but was delayed
The annual countdown for self-assessment tax returns is underway as taxpayers now have under 100 days to file online. Filing early comes with a number of benefits including budgeting for payments and receiving repayments sooner. Below we take a look what taxpayers can do to prepare for the self-assessment process. The countdown Self-assessment taxpayers have
The past three weeks since the September Mini Budget and Growth Plan were announced have been a rollercoaster ride of updates and changes. The Government has reversed almost all of the tax measures that were originally set out in the Mini Budget, and a new statement is planned for 31 October, which is being referred
When you make a decision to start a new business, the business structure that you choose affects how the business operates, including how you register your business with HMRC, the amount of tax you pay, and how and when you pay it. Choosing the right structure The first step is to decide on a name
Following our summary of the 2022 Mini Budget on 23 September, the Chancellor has announced that plans to scrap the highest rate of income tax will be reversed, following a major backlash. Kwasi Kwarteng said the plan for the additional rate of income tax ‘had become a terrible distraction from the wider growth plan’. The reversal
During his delivery last week of the 2022 Mini Budget statement, Chancellor Kwasi Kwarteng announced that the UK government would scrap the 2017 and 2021 reforms to the IR35 off-payroll working rules. “Reforms to off-payroll working have added unnecessary complexity and cost for many businesses,” said Kwarteng, addressing the House of Commons last Friday. What
On Friday Chancellor Kwasi Kwarteng unveiled his Mini Budget announcing tax cuts for individuals and businesses plus a series of other measures to ‘deliver growth to the economy’. Before Mr Kwarteng stood up to make his statement on ‘The Growth Plan’ in the House of Commons, much of what he had to say about energy support
Chancellor Kwasi Kwarteng delivered the Mini Budget this morning in the House of Commons. The Chancellor used the 2022 Mini Budget to announce measures to help boost UK economic growth. Mr Kwarteng announced a series of tax cuts for businesses and individuals adding up to £45 billion. Below is a summary of our Mini Budget
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