Budget 2020 – what it means for you
Following the Budget, download our PDF overview of the announcements – telling you what it means for you.
Budget 2020 – focus on the property sector
With the Budget announcements on Wednesday understandably being dominated by Coronavirus, what were the key measures which may impact on the property sector? Heather Britton looks at this in more detail.
Following yesterday’s budget, John Endacott and Daniel Sladen discuss the Chancellor’s announcements and offer their insight on what it means for both individuals and businesses.
The pension taper – a savings opportunity for most but what does it mean for you?
Within the budget, the Chancellor announced a – largely positive – change to the pensions ‘taper’. The changes are applicable to every sector, so potentially you could see a savings benefit from the new rules regardless of your profession. Tom Parry looks at this in a bit more detail.
Enterprise tax – tax but not as we know it
The Chancellor named a number of well-known inventors and innovators as he laid out his measures for promoting and stimulating enterprise, particularly in the tech and innovation sectors. Stuart Rogers gives us his initial thoughts on the announcements that affect these sectors.
NHS Pensions – Some pain relief
Luke Bennett takes some time to crystallise his thoughts on the Budget announcement that the pension thresholds are to be increased.
Budget Overview
The Chancellor, Rishi Sunak, addressed the House of Commons today (11 March 2020) with his first ever Budget. As expected, there were no surprising measures announced and the budget basically delivered what was set out in the Conservative manifesto, which is in itself was light on content, with added measures aimed at helping overcome the economic risks of the current Coronavirus crisis.
The Pension Taper
Tom Parry gives us his initial thoughts after the budget reveals a pending change to the pension taper. In short, the income level that triggers a reduced pension contribution allowance, has been increased. So more people can earn more money before restrictions apply – which is good news for any savers earning between £110,000 and £290,000. Those earning below £110,000 are unaffected by the changes.
How do you solve a problem like business rates?
Scott Bebbington looks at the solution offered by the Chancellor in today’s budget.
BUDGET 2020: ENTREPRENEURS’ RELIEF – BACK TO WHERE WE STARTED….
Heather Britton looks at the changes to entrepreneurs’ relief that the Chancellor announced and what you need to consider.
BUDGET 2020: EMPLOYMENT UPDATE
Today’s budget will be welcome news for employees and employers alike! Scott Campbell gives a summary of employment related outcomes from the budget.
BUDGET 2020: A VAT SUMMARY
Becky Hayes (Indirect Tax Manager) at PKF Francis Clark has put together some of the key VAT outcomes from the budget.