Well the 2012 Autumn Statement has now been given and we will do a quick shortlist of the important changes for personal tax, business and benefits. Changes which will affect individual pockets People born after 5th April 1948 (Under 65) will have a higher than previous announced tax free personal allowance. The chancellor has announced [...]
Wednesday, December 7, 2011
The draft finance bill for 2012 was published yesterday and in amongst over 1,000 pages of legislation and notes a few key issues to extract: New tax rates and allowances for 2012/13 Bands will remain at 20, 40 and 50 percent. UPDATE: Click here for the full breakdown and tax calculator Foreign currency bank accounts [...]
Tuesday, November 29, 2011
Well the Chancellor has updated the country on his plans for the economy. Below is a summary of key points made: The Economy 2011 ecomomic growth forecast changed to 0.9% from 1.7% 2012 ecomomic growth forecast changed to 0.7% from 2.5% Growth expectation for 2013->2.1%, 2014->2.7%, 2015->3% Borrowing Government borrowing to be increased by £111 [...]
Monday, November 21, 2011
An update on the state of the economy is to be provided by the Chancellor George Osborne next week. Rather than providing a pre-Budget report, Mr Osborne will be using the Autumn Statement to analyse and provide insight into the finding of the OBR (Independent Office for Budget Responsibility). We are looking forward to picking [...]
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Wednesday, December 5, 2012
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