Tag Archives: tax

Budget Announcements November 2022

Autumn budget 2022

The new Chancellor, Jeremy Hunt announced the latest budget on 17 November 2022. Mr Hunt introduced his statement with “British families make sacrifices every day to live within their means, and so too must their Government, because the United Kingdom will always pay its way” The day before the Budget announcement, the Office for Budget […]

September 2022 Mini Budget

Today the new Chancellor announced a Mini Budget 2022 to help with the cost of living crisis. Here are the main points that we know so far. As always, more detail will be published in the future, so we don’t have everything yet. This supercedes the Spring Budget announced in March 2022, and includes u-turns […]

Questions on the 80% HMRC grant for furloughed employees

The Chancellor announced on Friday 20 March 2020 that any employees being furloughed (temporarily laid off) would be paid 80% of their wage, under a new Job Retention Scheme, so here’s what we know so far. Please check out our main Stay Positive COVID19 page for other info. We also have a specific page for […]

You say I don’t need to pay tax now, but which are automatically deferred, and which do I have to arrange?

The Government has announced a lot of support for Small Businesses, to help us through the current Pandemic. Some of the financial support announced includes deferring or arranging time to pay for your business and personal taxes. This is fantastic news, however, we are seeing some confusion around which taxes are automatically deferred, and which […]

Should you buy a car through your limited company

UPDATE January 2020: New rules came into force from 6 April 2020 for buying electric vehicles through your business. Have a read of our blog should I buy an electric vehicle for more info. If you’re considering buying or leasing a van, check out our blog: should I buy or lease a van? Buying a […]

How much tax do you pay if you’re a foster carer?

You’ve made the decision to become a foster carer, but what how much income could you receive, and how much tax  do you pay? If you’re still thinking about becoming a foster carer, and you’re in North Wales or the North West of England, we recommend that you talk to 1st Affinity Fostering Service, who […]