Limited Company

The Autumn Statement 2023

Chancellor Jeremy Hunt has just finished delivering his Autumn Statement 2023, which he’s hailed a ‘huge boost’ for British competitiveness in his statement for growth. A series of measures were announced with the ‘overall impact of £20bn a year within the decade – the biggest ever business boost for [...]

2024-01-15T10:28:45+00:0022 November 2023|

Can you claim your festive celebration as a business expense?

The festive season is approaching and many Limited Company directors are starting to prepare for their yearly celebrations. Fortunately, HMRC recognises staff entertainment as a valid business expense, but your festivities need to follow certain rules to qualify for tax and National Insurance exemption. What are the rules?  To be [...]

2024-01-15T10:28:45+00:009 November 2023|

How much tax can you expect to pay on an electric car?

In recent years, electric cars have become increasingly common on our roads. Charging points are now a familiar sight in supermarket and office car parks, as well as private driveways. And with Government targets for all cars to be hybrid or electric by 2030 and 100% electric by 2035, it [...]

2024-01-15T10:28:46+00:0018 July 2023|

The Spring Budget 2023

Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. Driving business investment The Chancellor announced a £27 billion transformation of capital allowances from April this year, which will [...]

2024-01-15T10:28:46+00:0016 March 2023|

BREAKING NEWS – today’s announcements from Jeremy Hunt

Jeremy Hunt, The Chancellor of the Exchequer, has today scrapped the majority of tax cut plans that were announced in the government's ‘growth plan’ mini-budget by Kwasi Kwarteng on 22 September 2022. As part of his ‘Growth Plan’, Kwarteng had set out a number of tax cuts designed to support [...]

2024-01-15T10:28:47+00:0017 October 2022|Tags: |

MINI BUDGET SEPTEMBER 2022

The mini budget – an overview The (not so) mini-budget delivered by new Chancellor, Kwasi Kwarteng last Friday, had a lot more in it than anyone expected, and lots of great news for small businesses. Here are the headlines: Corporation Tax planned increase from 19% to 25% has been scrapped [...]

2024-01-15T10:28:47+00:0026 September 2022|Tags: |
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