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Autumn Budget Analysis: Find out how the budget will impact you

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By Armstrong Watson

15th March 2023

Spring Budget 2023: The Automotive Sector - A Budget for Growth?

When the Chancellor Jeremy Hunt stood up today to give his first Budget speech, the hope for most motor dealers was that, despite all indications to the contrary, the unpopular corporation tax rise to 25% would be abolished. Unfortunately, this was not the case.  What we got instead was a statement centred on economic growth through what he called his “four Es” – employment, education, enterprise and everywhere.

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By Justin Rourke

15th March 2023

Spring Budget 2023: Changes to Pension Savings Allowances

In the run-up to a budget there is always speculation around tax relief on contributions, tax-free cash from pension pots and the age you can access your pension. In this budget, it came as a big surprise that none of this really featured but instead there were changes for those wanting to save for retirement.

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By Graham Poles

15th March 2023

Spring Budget 2023: Personal Taxes - No Changes, No Chance

As expected the Chancellor made no new announcements in relation to income tax, capital gains or Inheritance Tax in his Spring Budget, focusing instead on the country’s productivity issues, with measures to get people back into work.  

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By James Fraser

15th March 2023

Spring Budget 2023: Research and Development (R&D)

The government has previously stated its intention to reform the tax relief that is provided to companies undertaking R&D and, in line with the last few fiscal events (Budgets and Autumn Statements), the Chancellor has added yet more changes to the relief for small and medium (“SME”) sized companies.

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By Andrew Mitchell

15th March 2023

Spring Budget 2023: Capital allowances changes

In his Spring Budget the Chancellor sought to boost investment through changes to the capital allowances regime.

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By Armstrong Watson

14th March 2023

Tribunal highlights SORN not sufficient to prevent treatment of vehicles as company cars

A recent tribunal case has highlighted that having no road tax is not sufficient to prevent the treatment of vehicles as company cars 

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By Armstrong Watson

14th March 2023

Our Latest Investment Market Update – Silicon Valley Bank (SVB)

Silicon Valley Bank (SVB), a medium sized US bank which specialised in servicing the technology sector, collapsed on Friday as depositors rushed to withdraw their funds, concerned over huge losses the bank had incurred in its holdings of long dated bonds. 

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By Becky Bowness

8th March 2023

What can we expect in the 2023 Spring Budget?

Jeremy Hunt will outline the Government’s spending plans and changes to tax policy in the Spring Budget on March 15th. It comes against a backdrop of the cost of living crisis and at a time when the Government is continuing to try to balance its books following the pandemic.

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By Armstrong Watson

7th March 2023

Armstrong Watson responds to SRA consultation on proposed amendments to Standards & Regulations

Armstrong Watson works in partnership with the Law Society for the provision of accountancy services to law firms in England & Wales and has responded to a consultation on proposed changes to the Solicitors Regulation Authority Accounts Rules (SRAAR). 

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By Armstrong Watson

1st March 2023

Understanding HMRC’s 60-day reporting requirement for residential property sales

If you are disposing of a residential property you may need to report the sale to HM Revenue and Customs 

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