Tax and NI rates and allowancesThe freeze to various thresholds and allowances, for example the personal allowance, will continue as planned until at least 2026 – despite the upbeat nature of the speech. The rates will be formally confirmed in… Read more

As has been the case in recent budgets, the speculated radical changes, for example the alignment of CGT rates with income tax rates, were not forthcoming. In fact, fiscal measures were more notable by their absence from the main speech…. Read more

The 2021 Autumn Budget took place on 27 October 2021. Chancellor Rishi Sunak adopted an upbeat and optimistic tone, pledging over £150 billion in additional spending by the end of the current Parliament – crediting the ability to do so… Read more

Health and Social Care Levy Rumours of an imminent rise in NI rates started to circulate at the beginning of September, and were confirmed on 7 September with the publication of the government policy paper Build Back Better: Our Plan for… Read more

A qualifying furnished holiday let (FHL) enjoys a number of favourable tax breaks – including business asset disposal relief, and the ability to claim capital allowances and rollover relief – when compared with non-qualifying properties. FHL status is subject to… Read more