Winter Economy Plan

The Chancellor has scrapped his Autumn Budget, but this afternoon he set out a series of measures to help businesses over the next six months. All the measures are welcome, and below you can see more detail (taken from the Government website). In summary Rishi Sunak announced the following A new Job Support Scheme where[…]

Self-Employment Income Support Scheme Grant (Covid-19)

On Thursday 26th March, the chancellor announced measures to help self-employed workers during the coronavirus epidemic. The following has been taken directly from the government business support website. The scheme will provide a grant to self-employed individuals or partnerships, worth 80% of their profits up to a cap of £2,500 per month. HMRC will use[…]

Autumn Budget

Autumn Budget 2017 round-up

A range of measures designed to boost business and productivity were announced in Autumn Budget 2017. Amid a background of discontent surrounding business rates, chancellor Philip Hammond revealed future increases will be determined by the Consumer Prices Index measure of inflation from April 2018. The measure comes into effect two years earlier than originally planned[…]

Business announcements from Budget 2016

Chancellor George Osborne delivered his Budget 2016 on 16 March 2016 and outlined several changes national insurance, corporation tax and stamp duty. Some of the headline measures relating to businesses announced in the Budget include: Corporation tax – the rate of corporation tax will reduce to 17% by 2020 Business rate relief – the doubling[…]

2016 Budget Surprises

I am delighted to be able to announce that as of 1st April 2016 Tor Stringfellow, our Senior Manager, will be appointed a Partner here at Jack Ross. Tor has been with us for 3 years and will already be known to many of you. He is looking forward to meeting as many clients as[…]

Autumn Statement 2014

Introduction The Chancellor George Osborne delivered his final Autumn Statement of this Parliament amid ongoing economic uncertainty. The key indicators paint an unclear picture. The UK economy is now expected to grow faster in 2014 than any other developed economy including the Eurozone. But the pace of GDP growth slowed between the second and the[…]

Autumn Statement 2013

Delivering the 2013 Autumn Statement, the Chancellor said the latest forecasts from the Office for Budget Responsibility proved that “Britain’s economic plan is working” but warned that the “job was not done.” But George Osborne stressed that: the deficit is lower but it’s still too high growth is up but productivity is too low businesses[…]