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Resource Category Archives: Tax Facts

Highlights of Rishi Sunak's spring budget 2022 statement.

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Autumn Budget 2021

The Chancellor, Rishi Sunak delivered his second Budget this calendar year with the Covid 19 virus continuing to have an impact, both emotionally and financially, on individuals, families, businesses and the UK economy as a whole. Various support for businesses affected by the pandemic, such as the Coronavirus Job Retention Scheme and the Self-Employed Income Support Scheme had ceased at the end of September.
Here are some of the main Budget announcements in relation to taxation.

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Spring Budget 2021

The Chancellor, Rishi Sunak, has delivered a very unique Budget, in the midst of significant economic downturn due to the pandemic, but with hope on the horizon as the roll out of the vaccination program gathers pace.

Despite many of the Budget announcements already being leaked prior to the big day, the Chancellor still managed to include a number of surprises.

Here are some of the main Budget announcements in relation to taxation and support in respect of Coronavirus crisis.

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Coca Cola Van Case

The Court of Appeal found in favour of HM Revenue & Customs (HMRC) that certain types of modified crew cab vehicles should not be classed as ‘vans’ for income tax and national insurance purposes but as cars instead.

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