Rachel Reeves, the new Labour Government Chancellor of the Exchequer, presented the Party’s first Budget since 2010 – making history as the UK’s first female Chancellor. She expressed hope that her role will encourage further strides toward gender equity. Her Budget speech, which ran over 90 minutes,
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In its first Budget since coming to power, and the first Labour Budget in more than 14 years, the new government has communicated its intent to address a “£22 billion black hole” with a raft of “painful” yet necessary changes to the tax regime. David Herd, group
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Since its inception, Champion Accountants has welcomed fresh young talent to join its group-wide trainee programme, and 2024 is no exception. This autumn, four talented young people at the outset of their accountancy careers have stepped into new Audit & Accounts Trainee roles across three of Champion’s
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In this year’s Spring Budget, the government announced it would be scrapping the existing furnished holiday lettings (FHLs) tax regime. A new measure, which will introduce specific tax treatment and separate reporting requirements for furnished holiday lettings accommodation, will come into effect from April 2025. This is likely
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