Budget Announcement

Furnished Holiday Let Spring Budget

Spring Budget 2024: Implications for Furnished Holiday Let Owners

Following the 2024 Spring Budget, Chancellor Jeremy Hunt has announced a raft of changes coming into effect from April 2025 for Furnished Holiday Lets. We’ll take a look below at the changes and how they’ll affect current FHL owners, or those looking to purchase a holiday buy-to-let property. 1. Capital Allowances: One of the primary […]

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Spring Budget 2023 for UK Businesses

The Spring Budget 2023 – A Recap of Changes in Tax Rates and Incentives for UK Businesses

In this article, I will highlight some of the key points from the budget, including changes to tax rates and new incentives for businesses. I hope you find this summary helpful, please don’t hesitate to reach out if you have any questions or concerns. Full Expensing to replace the Super Deduction This policy will replace

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Mini Budget U-Turn

The UK emergency budget – 17th October 2022

After market turmoil and uncertainty, the new Chancellor resigned on Friday, 14th October. The new chancellor, Jeremy Hunt was appointed as his replacement. Many of the tax cuts originally announced in the mini budget have been reversed and we will outline these below. National Insurance National Insurance rates for employees and employers increased by 1.25%

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Autumn Budget Analysis 2022

The UK mini budget – September 2022 and what it means for your business

The newly appointed Chancellor, Kwasi Kwarteng, announced a ‘mini budget’ on 23rd September 2022 under Liz Truss’ new Government. The mini budget was announced to set out the Governments key policies to help tackle the higher energy costs and inflation. Below we will be setting out details of the changes, which have been dubbed as

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