Financial and Tax Insights

The Autumn Budget 2021:Tax Efficient Investments and Pensions

Following this year’s Spring and Autumn Budgets, in this post, we take a quick look at how the provisions of both may affect you when it comes to your investments and pensions.

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Tax Efficient Investments

Green National Savings and Investment (NS&I) product

In the Spring Budget 2021, the

Autumn Budget 2021: Income Tax & Capital Gains Tax

Private Clients

As the first of our posts about this year’s Autumn Budget, we take a look at the changes and implications that the Budget may have for you in respect of income tax and Capital Gains Tax.

Income Tax

The importance of understanding the tax allowances, bands and rates is to optimise

The Autumn Budget 2021

The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech, he set out the plans to “build back better” with ambitions to level up and reduce regional inequality.

Encouraged by better than expected growth, borrowing and employment figures, the Chancellor set a bullish

Tax Deductibility of Legal Expenses When Cake is Involved

It is rarely an edifying sight seeing lawyers line up against each other, especially when it is over cake.  But just that has happened as M&S have alleged Aldi’s Cuthbert the Caterpillar cake infringes their trademark for their Colin the Caterpillar cake.

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We are also left wondering if

There is such a thing as tax free!

It is intriguing to know that with a little careful planning it is possible to earn £37,370 tax free each year. This is because of the tax-free allowances attached to certain types of income. So what better way to start a new year tax year, than with a little tax efficiency planning.

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Personal

The Budget 2021. Tax Disputes and Investigations

As we conclude our series of Insights into the recent Budget, it’s worth a quick reminder that HMRC are likely to be taking a robust approach to Covid 19 fraud and late payment of tax.

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Tackling Covid-19 fraud

In one of the largest responses to fraud risk, the government will invest over £100

The Budget 2021. Coronavirus Support

Unsurprisingly perhaps, the recent Budget made provision for continued financial support for businesses, particularly the hospitality sector. In this week’s Insight, we summarise the main areas which may assist you as your business transitions out of lockdown and gets back to business.

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Budget 2021. Employment and Employees

In addition to navigating a post-COVID world, there are a number of areas covered by the recent Budget which employers need to get to grips with. In this week’s Insight, we take a brief look at the new IR35 provisions as well as Government initiatives in respect of apprenticeships and traineeships

Budget 2021. Business Tax

As businesses and entrepreneurs start to recover from the impact of COVID 19, the government has to walk the fine line of recouping some of the massive financial support that’s been provided to support businesses and workers alike, whilst continuing to support them through the economic recovery

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