On 22 November 2023, Jeremy Hunt delivered his Autumn Statement. Against an improving inflationary environment, the Chancellor stated he was keen to stimulate economic growth. There were significant announcements relating to National Insurance changes and the reform of work-related state benefits. However, despite the statement including 110 measures for businesses,…
By Chris Bentley, Tax & Forensic Director Increase in corporation tax from April 2023 Next year’s increase in corporation tax from 19% to 25% for companies making profits over £250,000 has been well publicised. The rate will remain 19% for companies with profits of less than £50,000, with a sliding…
You along with many of our clients may think this is the case, particularly at this time of year when presented with last year’s self-assessment tax return. If you are already of this mindset, the bad news is that there are big tax rises coming in April 2022 and then…
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