The Spring Budget announced measures to tackle tax fraud and avoidance, to help reduce the tax gap to protect taxpayers and funding for public services.

On 15 March 2023, the 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. Our summary provides an overview of the key announcements arising from the Chancellor’s Budget, and how they are likely […]

Following the Spring Budget, Katharine Arthur, Partner and Head of Private Client, has had her comments in regards to stealth taxes picked up by Accountancy Age and ePrivateClient.

After some relatively quiet years in pension tax, the Chancellor, Jeremy Hunt, announced some significant changes in his budget speech on 15 March 2023, which will impact those approaching retirement. The annual allowance, lifetime allowance and the tax-free lump sum have all been subject to reform. With effect from 6 April 2023, the annual allowance […]

Please click below to view the slides from the session held on Tuesday 14 March 2023.

The Chancellor, Jeremy Hunt, delivered his first Budget this afternoon, promising a Budget for growth. Much attention has already been given to the extension of free childcare to one and two year olds, and the extension of the energy price guarantee to 30 June 2023. The tax announcements include: Corporation Tax Corporation Tax Rate: the […]