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Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.

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Craig Hendry

Craig Hendry

Managing Director & Chartered Financial Planner

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11 March 2020

    UK Budget 2020 - Personal Finances

    There were three main changes announced in the Budget 2020 affecting personal finances, with the headline item being the change to the annual allowance for higher earners.

    11 March 2020

    • Corporate Tax
    UK Budget 2020 - Corporation Tax

    It was widely expected that the headline corporate tax rate would be held at 19%, rather than reduced to 17% as previously legislated and the Chancellor followed through with this in order to fund a number of measures in what can very much be seen as a public spending Budget.

    11 March 2020

    • VAT & Duty
    UK Budget 2020 - VAT, Duties & Environmental Taxes

    A content rich Budget, with several new policy announcements and confirmation of other previously trailed changes.

    David Ward

    David Ward

    Tax Partner & Head of Specialist Taxes

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    11 March 2020

    • Innovation taxes
    UK Budget 2020 - Innovation Taxes

    Going into Budget 2020 I was expecting three things: an increase in the rate of the Research and Development Expenditure Credit (RDEC); more details on the proposed PAYE cap on the amount of the payable R&D tax credit; and potential broadening of the eligible cost categories to include cloud hosting and data costs.

    11 March 2020

    • Private Client Tax
    UK Budget 2020 - Personal Tax

    Amid all the public spending commitments announced by the Chancellor today, you could be forgiven for missing any personal tax announcements.

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