by Charlie Clayton | Jul 24, 2021 | Business
In the Spring Budget in March 2021, Chancellor Rishi Sunak announced that various allowances would remain at their 2021/22 levels until April 2026. PERSONAL ALLOWANCE Increasing from £12,500 to £12,570 for 2021/22, the personal allowance has had an inflationary...
by Charlie Clayton | May 20, 2021 | Accounting, Business, Taxes
With the UK in over £280 billion of debt due to Covid-19, Chancellor Rishi Sunak announced plans to tighten the UK’s purse strings. Budget 2021 saw several allowances and thresholds frozen at their existing levels until 6 April 2026. But how do the changes affect you?...
