December Newsletter 2022

CGT ANNUAL EXEMPTION CUT Many people had predicted an increase in the rate of Capital Gains Tax (CGT) paid by individuals, citing a possible alignment with income tax rates as the main reason for the prediction. Surprisingly however, Chancellor Dominic Raab announced...

November Newsletter 2022

It’s all change at number 10, again The Fiscal Statement delivered by former Chancellor, Kwasi Kwarteng on 23 September, introduced a Growth Plan including tax cuts as promised by former Prime Minister, Liz Truss during her Conservative Party Leadership campaign. The...

October Newsletter 2022

U-turn for top taxpayers Facing huge criticism and market turbulence following his announcement of a series of “growth” measures, Chancellor Kwasi Kwarteng has backtracked on his decision to abolish the 45p rate of income tax paid by people earning more than £150,000...

September Newsletter 2022

Managing your cash in tough times With ever-increasing supplier prices, a rise in interest rates and a looming recession, managing your cash flow is vital. Business owners can look at the direction of their cash flow as an insight into the health of specific products...
Tax Newsletter – August 2020

Tax Newsletter – August 2020

Welcome to our monthly newswire. We hope you find this newsletter useful. Please contact us if you would like to discuss any matters further. MORE DETAILS ON HOSPITALITY VAT REDUCTION When the Chancellor announced a temporary cut in the rate of VAT for the hospitality...