Tax

It was a bright and early start for our new chancellor, Jeremy Hunt, as he promptly kicked off his Autumn Statement speech to the Commons at 11:30am. His hour-long statement covered plenty of ground, and as the old adage goes – the devil is in the detail

Just hours after his appointment, chancellor Jeremy Hunt announced on Friday afternoon that the government’s planned freeze on Corporation Tax was being reversed and that it would increase – as originally legislated – to 25% from April 2023. Then at 11:15am yesterday (17th October), having been in

Notwithstanding any further announcements from Downing Street over the coming weekend, prime minister, Liz Truss, has this afternoon announced the reversal of a key policy to freeze Corporation Tax. During a short press briefing, the PM reversed the government’s plans to freeze Corporation Tax at 19%, meaning

There were more than 800,000 new businesses launched in 2021. Many of these will be the brainwaves of people stepping into the world of business for the very first time, as what was once just a hobby has started to generate income. When this happens, it comes

Did you know that most trusts, whether they have a UK tax liability or not, will now need to be registered on the Trust Registration Service (TRS)? It’s possible that some trustees are unaware of their TRS obligations or have neglected to register a trust given the

With the Corporation Tax main rate on company profits of more than £250,000 set to increase to 25 per cent in April 2023, businesses will be keener than ever to identify ways to claim relief on their activities. Land Remediation Relief (LRR) is one such route. Available

At lunchtime today, we saw Rishi Sunak, Chancellor of the Exchequer, set out the Government’s 2021 Autumn Budget and Spending Review. Despite the flurry of announcements from the Chancellor’s office over the last few days, there was still considerable ground to cover in his speech today. Mr