by Cristina Conea | Jun 5, 2023 | Business, Inflation, Interest, Loan
The cost-of-living crisis is taking its toll across all areas of our lives now. While inflation has fallen very slightly this month to 8.7%, food prices remain stubbornly high, and the Bank of England (BoE) is expected to continue with its base rate rises until later...
by Cristina Conea | Apr 2, 2023 | Allowance, Inflation, Tax
The latest Budget on March 15 was a mix of wins and losses for people and companies around the country, with some considerable changes for pensions and the highest rate taxpayers thrown in. The personal allowances for the 2023/24 tax year were largely frozen once...
by Cristina Conea | Nov 5, 2022 | HMRC, Inflation, IR35, NICs, Tax
The majority of measures in former Chancellor Kwasi Kwarteng’s mini-Budget have been scrapped after new Chancellor Jeremy Hunt tried to settle markets and politicians across the House of Commons with an Emergency Statement on October 17. Gone is the...
by Cristina Conea | Aug 2, 2022 | Business, COVID-19, HMRC, Inflation, Tax
Inflation is a word on many of our lips at the moment as the cost-of-living crisis continues unabated. While the headline rate of inflation – which hit 9.4% in June this year – relates to the average inflation rate suffered by individuals living in the UK,...