by CAccountingNEW | Mar 31, 2022 | Budget
Bank of England (BoE) base rate rises to 0.75% – what it means for consumers and businesses The Bank of England (BoE) base rate rose to 0.75% in March in response to Consumer Prices Index (CPI) inflation rising to 5.5% – almost triple the BoE’s...
by CAccountingNEW | Mar 31, 2022 | Budget
Spring Statement round-up The Chancellor’s Spring Statement on March 23 was limited on giveaways, but there were some measures designed to help people struggling with the highest rates of inflation in 30 years. The Office for Budget Responsibility (OBR) has...
by CAccountingNEW | Nov 5, 2021 | Budget
Budget highlights The Chancellor presented his Autumn Budget and Spending Review on 27 October 2021. Some of the highlights are discussed below. Income tax rates and thresholds The rates and thresholds applying for 2022/23 were confirmed. Personal allowance As...
by CAccountingNEW | Aug 19, 2021 | Budget
Furlough to be extended to September and self-employed income support scheme extended to September with a 4th grant covering February to April & a 5th final grant covering May to September. The 4th & 5th self-employed grant are also available to newly...
