Budget 2023

Budget 2023 Jeremy Hunt described this budget as his ‘back to work budget’, he stated that the “Conservatives believe work is a virtue”, and so we might be forgiven for assuming this budget is aimed at introducing policies that will appease the dissatisfied public sector and NHS workers currently striking in a bid to encourage […]
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Big Changes For R&D Relief

Big Changes For R&D Relief The Chancellor’s Autumn Statement announced sweeping changes to the rates of R&D relief available from 1 April 2023, on top of the previously announced changes. These rate changes greatly reduce the relief available for smaller companies but increase the relief available for large companies.  The RDEC (Research & Development Expenditure […]
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The Autumn Statement

Ominous headlines announcing the economic challenges facing the country are for once, largely free from hyperbole. The global increase in wholesale energy prices caused by several factors, including the war with Ukraine, along with the supply chain problems that are a legacy of Covid, have contributed to rising inflation and a downturn in living standards. […]
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Mini Budget Reversal

Mini Budget Reversal On 17 October we saw the commencement of a new chapter in the saga of September’s ‘mini budget’. The latest Chancellor, Jeremy Hunt, took pen to paper and drew a line through most of the policies announced by the previous Chancellor just a few weeks ago.  Anything announced on the 23rd of […]
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