Dec 21, 2023 | Government Announcements
The Scottish Government has unveiled its 2023 budget, introducing significant changes to income tax rates to address a £1.5 billion funding shortfall. Finance Secretary Shona Robison announced a new 45% income tax band for individuals earning between £75,000 and...
Dec 1, 2023 | Government Announcements
HMRC has published the latest advisory fuel rates (AFR) for company car users, which will apply from today (1 December 2023). The rates for some petrol engines and all vehicles with diesel engines will each increase by 1p per mile. Meanwhile, LPG engine rates for...
Nov 28, 2023 | Government Announcements
Prime Minister Rishi Sunak is hosting a summit at Hampton Court to spotlight foreign firms' plans to invest £29.5 billion in the UK, signalling confidence in the economy. Despite recent setbacks like the cancellation of HS2, the attendance of global leaders at the...
Nov 24, 2023 | Government Announcements
In response to the Chancellor's Autumn Statement, David Postings, chief executive of UK Finance, has expressed approval of the Government's "commitment to growth", emphasising its significance for businesses and individuals across the nation. Postings praised the move...
Nov 23, 2023 | Government Announcements
Chancellor Hunt's 2023 Autumn Statement reveals a £7 billion 'back to work' plan, featuring an increase to the National Living Wage (NLW) and personal tax cuts. The key points include: National Living Wage surge The NLW will jump from £10.42 to £11.44 per hour in...
