Category Archives: Budget Summary

Spring Statement 2022

Spring Statement 2022

The Chancellor, Rishi Sunak, has delivered his Spring Statement to the House of Commons against a backdrop of a growing cost of living crisis. The Chancellor also stressed that, apart […]

Read More
Autumn Budget Summary 27 October 2021

Autumn Budget Summary 27 October 2021

As with the Spring Budget 2021, much of the detail for the Autumn Budget had been leaked to the press prior to the official report to parliament, 27th

Read More
Budget date announced

TODAY’S BUDGET, 27TH OCTOBER 2021

TODAY’S BUDGET, 27TH OCTOBER 2021 Ladies & Gentlemen, I hope you are well and coping with the challenges the last couple of years have presented. Today the Chancellor has presented […]

Read More
Capital allowances tax advice Burton on Trent Alexander Accountancy

Spring Budget 2021 – Capital allowances

Designed to help offset the increased Corporation Tax main rate and promote investment, the Chancellor announced the introduction of a new ground breaking super-deduction tax relief. The new temporary tax […]

Read More
VAT specialists Burton on Trent

Spring Budget 2021 – VAT

It has been confirmed, by the Chancellor, that the taxable turnover threshold that determines whether businesses should be registered for VAT will be frozen at £85,000 until 31 March 2024. The taxable […]

Read More
Spring Budget 2021 – CJRS and SEISS schemes extended

Spring Budget 2021- CJRS & SEISS schemes

The Coronavirus Job Retention Scheme (CJRS) commonly known as the furlough scheme will be extended until the 30 September 2021. The Chancellor

Read More
Spring Budget 2021 – Income Tax Rates & Allowances

Spring Budget 2021 – Income Tax Rates & Allowances

It has been confirmed as part of the Budget announcements that the 2021-22 personal allowance will increase to £12,570 (2020-21: £12,500) and the

Read More
Budget Summary - March 2021

Budget Summary – March 2021

More has been disclosed, leaked, of this year’s Budget announcements than in previous years. But we now have the details and there is a lot to

Read More