Budget 2018

The Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018. In his speech he stated that ‘austerity is coming to an end – but discipline will remain’. He also promised a ‘double deal dividend’ if the Brexit negotiations are successful but stated that there may be a full-scale Spring Budget in 2019 if not. Links to our summary are below and focus on the tax measures which may affect you, your family and your business. To…

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Budget 2017

The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017 In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to the distinction between employed and self-employed individuals. To read our summary of the budget, please click here. To jump straight to the relevant section, please click on the link in the list below: Business Tax Personal Tax Capital Taxes Employment Taxes Other Matters

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Fee Protection Service

In Association with Taxwise What powers do HM Revenue & Customs now have? As of April 2009 HMRC are able to visit business premises to inspect records covering all taxes including corporate, income, PAYE, NI, Capital Gains and VAT. They can now also issue written queries before you have even submitted your annual tax returns. Can anyone’s tax affairs be scrutinised by HMRC? Anyone that pays tax can come under scrutiny. Every year, HMRC starts enquiries into thousands of personal…

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