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Tag: Budget

Alextra Accountants
Entrepreneurs’ Relief – What Do The Budget Changes Mean...
Ahead of the 2018 Budget there was some speculation that entrepreneurs’ relief may be scrapped. In the event, this did not happen. However, the relief made an appearance with the announcement of chang...
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Alextra Accountants
New Allowances For Trading And Property Income
In his 2016 Budget speech, the Chancellor announced two new allowances would be introduced from April 2017 for money earned from `the sharing economy’. One allowance will be for trading income and the...
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Alextra Accountants
Spring Budget 2017 Date Announced
The government will publish its Spring Budget on Wednesday 8 March 2017. The Spring Budget will introduce tax legislations and the latest economic forecasts from the Office for Budget Responsibility (...
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Alextra Accountants
New Allowances For Trading And Property Income
In his 2016 Budget speech, the Chancellor announced two new allowances would be introduced from April 2017 for money earned from `the sharing economy’. One allowance will be for trading income and the...
Read more »
Alextra Accountants
2016 Budget News - A Full Review
This Budget was all about 'putting the next generation first'. The Chancellor said there are tough challenges ahead - financial markets are turbulent, productivity growth across the west is too low, a...
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Alextra Accountants
Extracting Cash From A Family Company
In determining the most tax-efficient way to extract cash from a family company, it is necessary to take into account individual circumstances. There is no one size fits all. The optimal strategy will...
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Alextra Accountants
Tax Relief For Replacing Furniture In Let Properties
The government announced in the Summer Budget that from April 2016, the current 10% Wear and Tear Allowance for furnished lettings will be replaced with a relief that enables all landlords of resident...
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Alextra Accountants
Changes Affecting Non-Domiciled Taxpayers
The Chancellor announced a number of important changes to the tax treatment of individuals who are resident but not domiciled in the UK. Such individuals currently benefit from a number of tax advanta...
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Alextra Accountants
Summer Budget 8th July 2015
Chancellor George Osborne has delivered the first Budget by a wholly Conservative government in almost 20 years. The March 2015 Budget provided some clues as to possible new measures and of course, th...
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Alextra Accountants
Inheritance Tax And The Family Home
Further detail has emerged (in a leak to the Guardian newspaper) concerning a new Inheritance Tax (IHT) allowance announced in the Conservative Party election manifesto to set against the value of the...
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Alextra Accountants
Business Group Makes Pre-Second Budget Submission
The Federation of Small Businesses (FSB) has announced their recommendations for the Second Budget 2015, calling on the Chancellor George Osborne to secure small business growth in the coming year. Jo...
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Alextra Accountants
Emergency PAYE Tax Code To Be Applied To Certain Pensio...
The new flexible pension rules came into force from 6 April 2015 for those aged 55 or over with money purchase pension schemes. As announced by the Chancellor in last year’s Budget, these individuals ...
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Richard Weilding
Be a Contender
  First impressions of the Chancellor’s Budget 2013 speech suggest a continued stance of seeking to promote business growth whilst attempting to reduce taxation for the man in the street. The key nu...
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Tags: Economy, UK, Budget