Sorry. You need to upgrade your browser

You are using Internet Explorer 8

This is considered an out of date browser. This website has been developed with modern browsers in mind to allow it to display at its best in a wide variety of viewing situations - including mobile viewing. But we haven't supported older browsers like IE8. Please upgrade to the latest version of Internet Explorer - or try Mozilla Firefox or Google Chrome. Both are excellent browsers.

Thank you.

Chartered Certified Accountants
and Business Advisors

01530 447999

Budget Overview

It seems like an age ago already, but it was only the 11th March when Chancellor Rishi Sunak presented his first Budget. Since then there have obviously been further announcements to cover support for the economy to try and offset the effects of COVID-19. We covered the key headlines of these announcements in our COVID-19 briefing earlier this week. 

We have produced detailed briefings to provide you with key details on relevant information from the budget. For each of the key areas covered by the budget announcement we have developed fuller information in supporting PDFs.

Some of the core headlines from the Budget announcement include an increase in employment allowance, an increase in the rate of Structures and Buildings Allowance and an increase in the Research & Development expenditure credit.

Alongside these changes there was an announcement to increase and extend business rates discounts alongside extended access to Statutory Sick Pay for businesses impacted by COVID-19.

There were a number of measures already announced ahead of the Budget speech including increases in National Insurance thresholds and changes to the Principal Residence Relief.

And since the budget, the Government has also announced a deferment to April 2021 of the introduction of off payroll working for the private sector.

We have created PDFs covering Business taxes, Capital taxes, Employment taxes, Personal taxes and Other matters - we hope they will help give you the information you require, but any further questions then please do not hesitate to contact anyone within the team.
 

Downloadable PDFs

Business Taxes

Capital Taxes

Employment Taxes

Personal Taxes

Other Matters

 

Links to other articles

There are more detailed articles on the website covering Greener Motoring changesincreases to NMW and NLW and changes to Capital Gains Tax on residential property.

 
 
 
 

19 Mar 2020

« Back to latest news

Latest news

Government Funding & Loan Support Schemes

The Government has, since the start of the pandemic, announced support and funding options available to businesses of al...

Click to read more >

Statutory Sick Pay Rebate Scheme

HMRC have announced that they will launch this scheme online on the 26th May 2020. The scheme will enable employers w...

Click to read more >

COVID-19 Self-Employed Income Support Scheme - what you need to know!

What's happened so far.... HMRC have started contacting those of you who are self-employed who they think could be el...

Click to read more >

Staff Retention Scheme Online Portal Launch

HMRC are expecting to launch the online portal for businesses to register furloughed employees on Monday 20th April ...

Click to read more >

COVID-19 Cash Grants Updates

Here’s a bit of an update we've had this week from North West Leicestershire District Council on the cash grant pay-ou...

Click to read more >

Covid-19 Further updates & measures introduced to help if you are a Self-employed individual and/or Partners of Partnerships

Quick content links Taxable grants Self-Assessment Information VAT Payments Time to Pay Universal Credit ...

Click to read more >

Covid-19 Further updates & measures introduced to help if you are a Director and/or have a Limited Company

Quick content links Self-Assessment Information VAT Payments Time to Pay Universal Credit Business loan i...

Click to read more >

Budget Overview

It seems like an age ago already, but it was only the 11th March when Chancellor Rishi Sunak presented his first Budget....

Click to read more >

COVID-19 - Support for employers and employees

Keeping you updated with where to find the latest information and guidance relating to COVID-19. COVID-19 " Support...

Click to read more >

COVID-19 - Notice to clients

As a responsible business we are looking to support and protect our clients and staff during this current period of unce...

Click to read more >

Home Sweet Home!

Changes to Capital Gains Tax - Applicable if you own more than one home, otherwise a good read! For many, owning and ...

Click to read more >

Changes to NMW and NLW from April 1st 2020!

From the 1st April 2020 the National Minimum & National Living Wage rates will increase. The National Minimum Wag...

Click to read more >

Tax changes for “greener” employer provided cars

There is significant movement in the provision of electric vehicles into the UK market. In the last month the Government...

Click to read more >

How can we help?

 

Submit

Testimonial

Jake's support has been essential.

Carol Brookes
Able 2 Consulting LImited

Click to read the full testimonial >