An ill-assorted smorgasbord

by | Nov 26, 2025

This Budget, with fevered speculation, leaks, rumours, and pre-announcements, has had a bigger build up than a blockbuster film. In what was never going to be an easy Budget given the state of the UK economy, many tax commentators favoured a rise in income tax. A...

In The Sights

by | Mar 26, 2025

Very little about tax in today’s Spring Statement. Much of the Statement focused on targets already set being met amid global uncertainties, including maintaining ‘fiscal headroom’. The main tax news for self-employed taxpayers is administrative. The...

Big spender – balancing the books

by | Oct 30, 2024

Few people will have envied the new Chancellor’s task in setting today’s Budget. The stated aim was to support ‘working people’. To an extent, the plans outlined do that. Promises not to raise the rates of income tax, self-employed or employee...

‘The rest is drag’

by | Mar 30, 2024

The March Budget featured a cut in the main rates of national insurance. This drops in April 2024 to 6% for the self employed, and to 8% for employees. This is a quick way to be seen to boost after-tax income for earners. However, most other rates and allowances are...

Ides of March

by | Mar 15, 2023

HMRC staff scheduled strike action for today. Not the most auspicious backdrop to today’s Budget. Jeremy Hunt has been Chancellor for five months now. It feels longer than five months, maybe because the UK has been getting through its Chancellors quicker than a...