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Impact of the new ‘care tax’

Impact of the new ‘care tax’

Finally, the Government has set out plans to tackle social care. A new tax will raise the necessary funding. The health and social care levy will generate an extra £12billion a year. Here’s what we know so far about the impact of the new ‘care tax’.   Increase in...
Budget 2021 update from your Stafford-based accountants

Budget 2021 update from your Stafford-based accountants

Here is your much awaited Autumn Budget 2021 update from Howards, your accountants in Stafford. Autumn Budget 2021 Summary This Summary covers the key tax changes announced in the Chancellor’s speech and includes tables of the main rates and allowances. At the back of...
2021 Budget predictions?

2021 Budget predictions?

What does this year’s Autumn Statement hold in store? It’s been a turbulent 12 months, that’s for sure. As ever, it’s notoriously difficult to get Budget predictions right. But these are some of the topics we think the Chancellor may address on October 27.   UK...
Budget support to combat the impact of coronavirus

Budget support to combat the impact of coronavirus

The Budget pledges continued help for businesses and families. Firstly, it addresses financial difficulties brought about by the pandemic. Then again, there’s the need to balance the nation’s books. It seems the latter can wait. Essentially, the Chancellor...
Tax rises in the Budget 2021?

Tax rises in the Budget 2021?

Financial support to save jobs and keep businesses afloat during the pandemic has come at huge cost. Government borrowings already exceed £270billion (ONS). A record high. Now, with the Covid-19 vaccination programme in full swing, is it time to balance the books?...