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Spring Budget Statement 2019 PDF

Spring 2019 Statement

Philip Hammond presented his Spring Statement on Wednesday 13 March 2019. So, what exactly did the Chancellor say and, more importantly, what did it actually mean?

A summary of this year's Spring Statement is now available on our website at here.

The Chancellor responded to the Office for Budget Responsibility's economic forecasts, as well as reaffirming the fundamental taxation changes which will affect businesses and individuals in the new tax year. We have included informative comments to help you assess the likely effect that the proposed changes may have on you personally and their significance.

In our newsletter, we provide an outline of the main areas of taxation covered in the Spring Statement. We have also included our observations on the more important changes, together with any planning points that may arise.

We hope the summary will provide you with a useful update and allow you to get to grips with the changes. If you have any questions in understanding how the changes to tax affect you, please do get in touch.


Autumn 2018 Budget Statement 2018 PDF

Autumn 2018 Statement

The Chancellor Philip Hammond presented the Autumn Statement on Monday 29 October 2018 , please click on the image above to download a pdf which explains the changes announced.

The announcement include:

  • New National Minimum Wage rates should see a full time worker aged 25 and over receive an annual increase of £690
  • £695m initiative to help smalls firms hire apprentices

Easter Eggs in Basket Tax Year Ends 5th April 2018

Have you got all your eggs in the right basket?

Tax year ends Thursday 5th April


Julie and David at Xero Roadshow in Leeds

Xero Roadshow 2018

Yesterday Julie and David were at the Royal Armouries Xero Roadshow learning about Xero’s roadmap for 2018 and how we can better support our clients with their cloud accounting software. Particularly in constructions and project based businesses


Spring 2018 Budget Statement 2018 PDF

Spring 2018 Statement

The Chancellor Philip Hammond presented the Spring Statement on Tuesday 13 Mar 2018 , please click on the image above to download a pdf which explains the changes announced.


Self Assessment

HMRC see record 10.7m taxpayers file tax returns before this years 31 January deadline

According to HMRC: 758,707 people completed their self assessment return on the last day before the deadline. There website accepted, at the peak hour - 1,010 per minute, 17 returns per second


Self Assessment Deadline

Date for your diary: 31 January 2018

Deadline for HMRC Self Assessment is 31 January

File (and pay) by 31 January to avoid penalties.


Small Business Commissioner

Useful links: Small Business Commissioner

Small business commissioner appointed to handle late payment complaints

Small businesses are now able to refer unfair payment practices to the newly appointed small business commissioner (SBC) who can formally handle complaints relating to late payments.

The new website provides information for small businesses to get to know their rights and how to contact the commissioner if further action needs to be taken.

For more information, click on the following link:

https://www.smallbusinesscommissioner.gov.uk/


Autumn 2017 Government Budget PDF

Autumn 2017 Budget

The Chancellor Philip Hammond presented the Autumn Budget on Wednesday 22 Nov 2017, please click on the image above to download a pdf which explains the changes announced.

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