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Spring Budget 2024 – the key points for business owners

The Chancellor, Jeremy Hunt, delivered his second Spring Budget on 6 March 2024. This Budget aimed to appeal to the taxpaying masses, with cuts to National Insurance and a rise to the threshold for VAT registration. But was it too little, too late for the UK economy? We’ve summarised the main points, so you can see how the...

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The business impact of the Autumn Statement

The Chancellor of the Exchequer, Jeremy Hunt, delivered his Autumn Statement on 17 November 2022. The £30bn cost of his predecessor's catastrophic ‘mini budget’ hung heavily over this financial statement. Mr Hunt’s job was to reinstate confidence in the Government’s fiscal capabilities and to inject some optimism into the global perception of the UK economy. To do this,...

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Jeremy Hunt’s Autumn statement – 2022

The Chancellor of the Exchequer, Jeremy Hunt, delivered his much-anticipated Autumn Statement on 17 November. Here’s our summary of the main points of interest. In his opening remarks, Mr Hunt said his priorities are stability, growth and public services: Stability - Stability is about reassuring the market. The Chancellor announced the following new, ‘fiscal rules’ that public sector debt...

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The mini-budget: what’s been scrapped?

As the old saying goes, a week is a long time in politics. But keeping up with the recent changes in policy, tax legislation (and job titles) over the past three weeks has become a full-time job! In a shock move, Kwasi Kwarteng was sacked from his role as Chancellor of the Exchequer on 14 October and was...

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Spring Statement 2022: Your summary of the key points

The Chancellor, Rishi Sunak, delivered his Spring Statement on 23 March. Faced with the task of creating a ‘strong economy’ for the UK, against the challenging background of high inflation, rising costs and the threat of conflict in Europe, he announced a raft of new measures. So, what was in the Spring Statement for your business? And how...

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