Spring Budget 2024
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’.
Charging your electric company car at home
HMRC has updated its Employment Income Manual to bring the guidance on charging electric company cars at home in line with the legislation.
Excess mileage payments
Petrol and diesel pump prices are high but the tax-free mileage rates payable to employees who use their own vehicles for business have not been adjusted for over a decade.
Income tax cuts next year
In last week’s Budget the Chancellor stunned his audience by announcing that both the basic rate of tax and the highest ‘additional’ rate would be reduced from 6 April 2023.
Five key takeaways from the Spring Statement
The 2022 Spring Statement was delivered on Wednesday 23 March. Here are five key takeaways from the Chancellor’s speech at Westminster.
