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Advisory fuel rates for company cars
Advisory fuel rates for company cars

HMRC has published new advisory fuel rates for company car users which take effect from 1 June 2024. The rates have increased by 1p per mile for most petrol and diesel cars. Petrol cars with an engine size over 2000c have seen a larger increase of 2p per mile. The LPG...

Tax benefits of marriage

Considering popping the question on Valentine’s Day?  Here we look at some of the various tax credits and breaks married couples can benefit from and how it can pay to get married. The Marriage Allowance | Inheritance Tax | Pay less Capital Gains Tax | Reduce Income...

When is the 2023 Spring Budget?
When is the 2023 Spring Budget?

Chancellor Jeremy Hunt will deliver his 2023 Spring Budget on Wednesday 15th March 2023.   What time is the Budget? The Budget is expected to take place at about 12:30 pm, straight after PMQs. The first part of the statement typically begins with a review of the...

Free support for region’s creative businesses
Free support for region’s creative businesses

Creative businesses across the East Midlands are able to apply for free funding to help them accelerate business growth, create jobs and prepare for investment. The East Midlands Creative Consortium (EMC2) has begun accepting applications from high-potential creative...

The Marriage Allowance – Time is running out to claim

The Marriage Allowance – Time is running out to claim  The Marriage Allowance can enable eligible married couples and civil partners to save up to £252 of tax a year.  Despite being introduced almost seven years ago, many eligible couples are still missing out on this...

Autumn Statement 2022 – key tax announcements
Autumn Statement 2022 – key tax announcements

The Chancellor, Jeremy Hunt, has given his first Autumn Statement. We have highlighted below some of the key tax announcements made by the Chancellor:   Personal tax thresholds The Chancellor has announced that personal tax thresholds will be frozen for a further...

Autumn Statement 2022: When is the Autumn Statement?

The Chancellor of the Exchequer Jeremy Hunt will deliver his Autumn Statement on Thursday 17th November 2022.  This is postponed from the previously planned date of Monday 31 October 2022.   What time is the Autumn Statement? The Autumn Statement will be...

New Chancellor reverses most of the Mini-Budget tax cuts

The new Chancellor Jeremy Hunt has reversed many of the tax cuts announced by his predecessor, Kwasi Kwarteng, just last month in the Mini-Budget.  We have summarised the key changes below.   Corporation Tax The planned increase to corporation tax, from 19% to...

Advisory fuel rates for company cars
Advisory fuel rates for company cars

HMRC has published new advisory fuel rates for company car users which take effect from 1 June 2024. The rates have increased by 1p per mile for most petrol and diesel cars. Petrol cars with an engine size over 2000c have seen a larger increase of 2p per mile. The LPG...

Tax benefits of marriage

Considering popping the question on Valentine’s Day?  Here we look at some of the various tax credits and breaks married couples can benefit from and how it can pay to get married. The Marriage Allowance | Inheritance Tax | Pay less Capital Gains Tax | Reduce Income...