Budget 2023 – everywhere, but not quite everything
In what was the first (and hopefully last) budget of 2023, there was a focus on growth being supported by the Chancellor’s four pillars – enterprise, employment, education and everywhere… not quite everything everywhere all at once, but there were some promises to review and reform the self-assessment for small businesses and sole traders which […]
Budget 2023 – the great big pension gamble
Although the budget felt a bit light on content from a personal tax perspective, there was still some interesting stuff, although not a total surprise if you had followed the news over the weekend! The biggest change since A Day? Who would have thought that a change to pension tax would incentivise people to work? […]
Budget 2023 – spend and save for businesses
With the upcoming increase in the rate of corporation tax, the Chancellor was under pressure to do something to take the edge off it. An incentive to invest The main move was to incentivise business investment with the announcement of a full expensing policy for qualifying plant and machinery – this was both in an […]