Long-awaited changes to business rates were finally announced in the Budget, with a lower rate for small companies to be paid for by a higher levy for large firms. Retailers …
Retirement Planning
Turf good, grassroots bad: Budget spares horse racing but divides sport
Horse racing chiefs have welcomed the Chancellor’s decision to afford it an exemption from major increases in gambling taxes announced in today’s Budget. While tax on remote gaming will jump …
What does the Budget mean for you?
Rachel Reeves’ second Budget has been the most closely watched in recent memory, with media briefings and soundings on all sides. Rachel Reeves has raised taxes by £26bn in her …
Reeves hands small businesses sour cocktail in Autumn Budget
Small and mudiec-sized businesses (SMEs) now face a sour cocktail of higher taxes, rising costs, and tighter margins following Rachel Reeves’ second Budget as Chancellor. Dividend taxes are up, income …
Budget: Blow to investors and startups ‘hidden’ in small print
A blow to investors and early-stage businesses has been revealed in the small print of Rachel Reeves‘ Budget. The tax relief available on venture capital trusts has been slashed, according …
Autumn Budget ‘deeply concerning’ for squeezed hospitality industry
The UK’s hospitality industry has been disappointed by the Autumn Budget, with no cuts to VAT and no changes to National Insurance. Even a cut to business rates has been …
Autumn Budget: Don’t let OBR gaffe mask Labour’s own mistakes
The OBR’s mistake was spectacular but accidental. The same can’t be said for Labour, whose Budget missteps will do nothing to shift the economy, writes Julian Jessop After months of …
Autumn Budget: Reeves targets job market with skills package
Rachel Reeves has used today’s Autumn Budget to unveil a sweeping £1.5bn skills package aimed at tackling the UK’s entrenched labour shortages and sluggish productivity. The Chancellor said the country …
Budget: ‘Tax on holidays’ slammed by Butlin’s boss
The chief executive of Butlin’s has slammed Rachel Reeves for introducing a ‘tax on holidays’ in her Budget today. Jon Hendry Pickup has argued that “hospitality businesses like Butlin’s remain …
Autumn Budget: Pay-per-mile tax ‘completely wrong move’
Chancellor Rachel Reeves has hit electric vehicles with a pay-per-mile tax which will cost the average driver £255 per year and raise £1.1bn for the Treasury. Reeves delivered the expected 3p pay-per-mile …