An encouraging statement, with a significant focus on the sector and some useful (if not sufficient) measures to boost renewable energy in the UK.

Jeremy Hunt's second Autumn Statement reverses his previous main position of driving down inflation and now focusses on tax cuts and growing the economy. Click here to read more.

Significant changes to National Insurance Contributions have been announced in the Autumn Statement to take effect in 2024.

Following the King's Speech on 7 November 2023, Chancellor Jeremy Hunt is now under pressure to deliver a noteworthy Autumn Statement on 22 November.

Supporting and encouraging employee ownership in a business can be achieved through the use of employee trusts, but there are proposed changes ahead.

The Chancellor of the Exchequer, Jeremy Hunt, will present the Autumn Statement to Parliament on 22 November 2023.

Jon Sparkes, a Tax Director based in Plymouth and Luke Venner, a Restructuring Director based in Exeter, have joined Bishop Fleming’s partner group with immediate effect. 

The way that the profits of sole traders and partnerships are assessed to tax is changing for those using an accounting date that does not coincide with the tax year.

Full expensing replaces the super-deduction which expired on 31 March 2023, and provides tax relief of 100% for new and unused plant and machinery.

Download our fact sheet onVAT: Seven Key Points for the Smaller Business here.