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 […]
Budget 2021 – COVID-19 support extended
The Chancellor has confirmed the extension of a number of measures designed to assist taxpayers to weather the economic and administrative problems caused by the extended COVID-19 lockdown. These measures are welcome but sadly reflect the fact that the impact of the virus has gone on far longer than the Government initially estimated. Furlough As […]