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Budget

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There will be no Spring Budget this March, but that does not mean the Chancellor is staying silent. On 13 March, the Chancellor will present a Spring Statement to the House of Commons, not a Budget. The next Budget should be in the autumn, probably November....

26 February, 2018 /

This is the time of year to review your pension contributions. February and March are rightly popular times for reviewing and making pension contributions. By this stage you should have a good idea of what your income for the tax year will be and how much...

19 February, 2018 /

Last month saw another Budget – for Scotland, this time.  The Scottish Budget in the middle of December contained potential omens for the whole of the UK with its proposed changes to income tax bands and thresholds. In the foreword to the main Budget document,...

22 January, 2018 /

The Autumn Budget included a raft of measures focused on venture capital schemes. The writing was always on the wall after a Treasury consultation issued in August posed the leading question, “Are there areas where the cost effectiveness of current tax reliefs could be improved,...

18 December, 2017 /

The Autumn Budget contained more bad news for many buy-to-let investors which went largely unnoticed.  April 2018 will see the next step down in mortgage interest relief for investors in buy-to-let (BTL) residential properties. The amount of interest that can be offset against rental income...

11 December, 2017 /