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Budget 2020

Rishi Sunak's Budget on 11 March 2020 came less than a month after he was appointed Chancellor of the Exchequer. His first budget and tax was barely mentioned until the end of his speech. But we have delved into the…

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End of year tax planning

As the 2019/20 tax year draws to a close, there are some simple tax planning opportunities that you may want to take advantage of before the possibilities end on 5 April 2020. Income Tax free allowances Making sure that you…

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Changes to Entrepreneurs Relief

In the Chancellor’s 2018 Budget, new criteria were introduced in relation to Entrepreneurs’ Relief (ER) to apply from 6 April 2019, with transitional rules applying to disposals from Budget Day (29 October 2018). This tightening of the rules in order…

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October 29th Autumn Budget

Philip Hammond gave his budget talk on 29th October 2018. There was good news for businesses, an apparent end in sight for austerity but a warning that discipline must remain. Personal tax The Conservatives’ manifesto pledge to increase personal allowances…

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