Chancellor Rachel Reeves delivered her highly anticipated Spring Budget yesterday, outlining the government's fiscal plans against a challenging economic backdrop. While the speech contained few direct mentions of small businesses, the budget document details reveal several measures that will impact…
The Autumn Budget 2024, presented by Chancellor Rachel Reeves, brings big changes to UK financial policies. This budget, Labour's first in 14 years, will impact small businesses nationwide. It includes £40bn in tax rises to shape economic growth and tackle…
The Spring Budget has brought several important changes to fiscal policy and economic forecasts. Below I outline some of the important points that I have gleaned from the announcement. National Insurance Cuts for Employees and the Self-Employed The government has…
The Autumn Statement 2023, announced by Chancellor Jeremy Hunt, includes initiatives focused on growing the British economy, especially supporting small businesses. Key updates involve changes to National Insurance, making full expensing a permanent option, a major reform of business rates…
Chancellor Jeremy Hunt unveiled the government's Spring Budget, outlining various plans affecting small businesses, from tax changes to energy bill support. This article summarises the crucial points for SMEs. Energy Price Cap and Discount Scheme Despite economic challenges, the energy…
Government Budgets and changes in fiscal policy can always be a nerve-racking time for businesses, but never has there been such trepidation as in the run-up to Jeremy Hunt’s Autumn Statement. With the economy in dire straits and forecasts bleak,…