Budget response from Wellers Accountants
£18 billion increase in general public spending, but tax measures were relatively few.
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£18 billion increase in general public spending, but tax measures were relatively few.
“The Chancellor’s first Budget is one of unplanned circumstance, to a degree. Above all COVID-19 has succeeded in disrupting what should have been the Chancellor’s first attempt at outlining what the government’s vision for the post-Brexit UK really is.
Rishni Sunak, the Chancellor, today announced a number of measures, he says, to support the UK economy both long term and in light of the Coronavirus outbreak.
The chancellor planted a few seeds for Boris Johnson’s future plans for the UK economy, before investing heavily in the fiscal equivalent of stockpiling to see the UK through the impending coronavirus (COVID-19) storm.
New Chancellor Rishi Sunak presented the Spring Budget on 11th March 2020. Of course, there was no Autumn Budget 2019 due to the general election, so this sees a return to a March Budget affecting the tax year starting 6th April.
Moorcrofts LLP has recently advised Angel & Rocket Limited (“A&R”) on the company’s investment round by an Indian fashion conglomerate.
There is much talk these days about responsible business, and the need for greater corporate responsibility, perhaps more talk than action in many instances.
Recent reports have shown that HMRC’s sophisticated automated information system, Connect, is being used increasingly frequently to identify income and gains that have not been declared for tax purposes, and the amount of information that HMRC can access to check whether an individual or business is evading tax is growing all the time.
Leading law firm Blake Morgan has been announced as a supporting partner for the 2020 Women’s Tour pro-cycling race, Oxfordshire stage; joining GLL who began their sponsorship last year.
Freeths announced today a new management team, effective 1 April 2020, following the retirement of Peter Smith, Chief Executive, at the end of this financial year after 20 years in the role.
HM Revenue and Customs (HMRC) introduced the new Making Tax Digital (MTD) programme in April 2019.
Andrew Katz, CEO and Head of Tech and IP at Moorcrofts has been appointed to advise on the licensing of an MHCLG funded project to help councils share code and data using Drupal.
The corporate team at Blake Morgan has cemented its ambitious growth strategy in the Thames Valley with the appointment of Mary Pears.
Moorcrofts CEO and Head of Tech and IP, Andrew Katz has been named the expert to lead the Open Hardware section of the contract awarded to OpenForum Europe and Fraunhofer ISI to conduct the study on the impact of Open Source Software and Hardware on technological independence, competitiveness and innovation in the EU economy.
Moorcrofts LLP has advised LHi Group Limited (“LHI”) on the sale of its subsidiary, Energy Jobline Limited (“EJL”), to ConnectIn Group Limited (“ConnectIn”).