The Spring 2022 Statement – The Key Points

With inflation rising and households facing the largest ever recorded cost-of-living squeeze, Chancellor Rishi Sunak delivered the Government’s Spring Statement 2022 on Wednesday 23rd March. Take a look at the key points and as we near the start of the new tax year, please talk to us about any of the changes and how they may affect your business, we are here to support you on 01384 376964.

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Autumn Budget 2021

On 27th October 2021, the Chancellor delivered his third Budget in conjunction with the Public Spending Review. National Living Wage Increased to £9.50 per hour An  increase in the hourly rate for the National Living Wage (NLW) which was greater than inflation for those aged 23 or over, to £9.50 … Continued

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Fourth Self-Employed Income Support Grant

From our latest e-newsletter: “At the Budget it was confirmed that a fourth Self-Employed Income Support (SEISS) grant will be set at 80% of 3 months’ average trading profits, paid out in a single instalment, capped at £7,500. This grant covers the period February 21 to April 21. The fourth grant … Continued

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Budget 2021 at a Glance

Here’s a brief summary of the Budget 2021 Furlough Scheme extended until SeptemberSelf-Employed Income Support Scheme (SEISS) will continue until SeptemberUniversal Credit uplift will continue for a further 6 monthsNational Living Wage increasing to £8.91 from April‘Re-Start’ Grant available from April of up to £6000 per premises for non-essential retail, … Continued

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Folkes Worton Insight

Spring Statement 2018

As you would expect, the Spring Statement delivered by the Chancellor Philip Hammond, to Parliament on 13 March 2018, was peppered with party political jibes no doubt intended to lift the spirits of

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Folkes Worton Insight

Autumn Budget 2017

Prospects for growth, especially for productivity have been downgraded, but the Chancellor was bullish in his forecasts for investment and the Government’s intention to sort out the slow pace of house

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Folkes Worton Insight

Spring 2017 Budget

Budget Statement 8 March 2017 Pundits are mixed in their interpretation of the prospects for the UK economy as we approach the formal Brexit disengagement. They are keen to see encouragement for

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