Read our Autumn Budget Report here. The Budget measures aimed to raise over £40bn in taxes, by far the lions share coming from an increase in Employer’s National Insurance Contributions (ERNIC).
National Insurance
Autumn Budget Headlines
Here are the headlines from the Chancellor’s Autumn Budget. We have focussed particularly on the business tax measures announced in the Budget.
business rates
Autumn Budget: Employers National Insurance
Craig Simpson, Tax Partner at Bates Weston, looks at the rumoured increase in Employers National Insurance, widely expected to be announced by the Chancellor in the Autumn Budget on 30 October and the decisions facing many employers as a result.
Fiscal drag and the NI reduction
Craig Simpson explains the concept of fiscal drag and its impact on the apparent tax reduction caused by the changes in National Insurance announced at the Autumn Statement 2023
Autumn Statement 2023
The headlines from the Autumn Statement 2023 and a more detailed summary. Covers National Insurance, Capital allowances, Business rates and R & D.
National Insurance Contributions Record
Check your National Insurance Contributions record before 5 April 2023
Jeremy Hunt’s Statement 17 Oct 2022
In Jeremy Hunt’s statement yesterday, he told us which Mini-Budget measures are staying and which are not going ahead. The summary is simple. Everything goes except abolishing the Health & Social Care Levy, changes to Stamp Duty and the increased Annual Investment Allowance.
Spring Statement Summary 2022
A summary of the Spring Statement 2022 and a round up of the significant measures announced in the two 2021 Budgets that may impact your finances.
What to expect from the Chancellor’s Spring Statement
What to expect from the Chancellor’s Spring Statement? A delay to NI increases or an increase in the NI threshold, uprating Universal Credit, cuts to VAT or energy levies on household fuel bills, a cut in fuel duty?
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