Super-Deductions: Budget Changes for Business

‘Bold and unprecedented’. That was the Chancellor’s description of the new 130% super-deduction for expenditure on new qualifying plant and machinery announced in the Budget. The headlines announced that for every pound invested; tax is cut by up to 25p. But what are the terms and conditions, how does it sit alongside the usual rules … Continue reading Super-Deductions: Budget Changes for Business

Budget 2021: Farming Review

We are delighted to summarise the key announcements in the Budget 2021 statement, made on Wednesday, 3 March. https://www.youtube.com/watch?v=vWRGRj918O0 Among the key changes to note for this year are: The main rate of corporation tax will be increased to 25% from April 2023 for companies with profits of at least £250,000. Simultaneously, a new small companies' rate of 19% will … Continue reading Budget 2021: Farming Review

Budget 2021: Property Review

We are delighted to summarise the key announcements in the Budget 2021 statement, made on Wednesday, 3 March. https://www.youtube.com/watch?v=4a8vOK3BSHc Among the key changes to note for this year are: The main rate of corporation tax will be increased to 25% from April 2023 for companies with profits of at least £250,000. Simultaneously, a new small companies' rate of 19% will … Continue reading Budget 2021: Property Review

Budget 2021: Business Review

We are delighted to summarise the key announcements in the Budget 2021 statement, made on Wednesday, 3 March. https://www.youtube.com/watch?v=jEnxyc4dh1k Among the key changes to note for this year are: The main rate of corporation tax will be increased to 25% from April 2023 for companies with profits of at least £250,000. Simultaneously, a new small companies' rate of 19% will … Continue reading Budget 2021: Business Review