A summary of the main measures Rishi Sunak announced to support households with the rising the costs of living.
Business news
The Spring Statement 23 March 2022
In his Spring Statement, Mr Sunak announced a 5p cut in fuel duty, an alignment of NI thresholds with personal tax allowance from July 2022, and promised a 1p cut in income tax, but not until April 2024.
Help To Grow: Digital support scheme
Is your business looking to grow by adopting digital technologies? We take a look at the Government’s Help To Grow: Digital Scheme.
Business rates relief and reform
Business rates relief and reform may well be on the cards. Expect an extension to business rates relief in the Budget on 3 March and indications of the path business rate reform might take.
Code of practice for commercial property sector
The Government has published a code of practice for the commercial property sector, creating best practice for negotiating affordable mutually beneficial rental agreements. It was drawn up with the support of leading representative bodies from the sector.
Practical tips from our SME to yours
What practical steps are we suggesting our SME clients take and as an SME ourselves are we doing the same thing?
Fourth Industrial Revolution
Government continues to take steps to support the Fourth Industrial Revolution by appointing inaugural chair of Regulatory Horizon Council.
Loan Charge review announced by Government
Richard Coombs, Tax Partner at Bates Weston comments on the Government’s announcement to review the loan charge and gives a reminder of the timescales
The VAT domestic reverse charge delayed until 1 October 2020
The VAT domestic reverse charge has been delayed. Use the time to understand and prepare for it if you are a VAT registered individual or business in the construction industry.
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