Financial Update

Pearson May Autumn Statement round-up

November 18, 2022
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Pearson May Autumn Statement round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Business support set out by Chancellor Some industry leaders praise Autumn Statement measures. Find out more here Tax thresholds frozen in Autumn Statement Additional-tax rate threshold reduced for thousands of taxpayers. Click here for more information  ...

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Pearson May financial round-up

November 10, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Tax hikes rumoured for the Autumn Statement The delayed announcement will take place on 17 November. Click here for more information OTS addresses complications for landlords Accountants welcome proposals for tax rule simplification. Find out more here  ...

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Pearson May Financial Update: IR35 – where are we now?

November 8, 2022
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Pearson May Financial Update: IR35 – where are we now?

Late September into mid-October was a turbulent time for the government and a confusing time – at best – for taxpayers and advisers alike, after former Chancellor Kwasi Kwarteng’s fiscal statement on 23 September, writes Pearson May partner Matthew Rutter. Indeed, not long after we wrote last month’s article on the ‘mini-Budget’, the new...

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Pearson May financial round-up

November 3, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Tax take hits £368.9bn in six months Income Tax and National Insurance drive the increase. Click here for more information Median real terms pay falls by 2.6% Soaring inflation means real terms rate dropped in the year...

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Pearson May financial round-up

October 27, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Groups call on Chancellor for further reforms Pressure mounts for further action ahead of the fiscal plan. Click here for more information Under 100 days until Self Assessment deadline Taxpayers have until 31 January to file their...

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Pearson May financial round-up

October 20, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. HMRC warns self-assessment customers against fraud HMRC received over 180,000 referrals of suspicious contact in the last year. Click here for more details Business confidence falls significantly Four in 10 businesses anticipate a fall in profits over...

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Pearson May financial round-up

October 13, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. IR35 off-payroll rules repealed Changes to IR35 will come into effect next year Click here for further information Autumn Budget brought forward to 31 October An OBR forecast will be published alongside the statement. Read more here...

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Pearson May Financial Update: The new Chancellor’s ‘mini-Budget’

October 12, 2022
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Pearson May Financial Update: The new Chancellor’s ‘mini-Budget’

The ‘mini-Budget’ that the government insisted wasn’t, in fact, a Budget at all, came at 9:30am on Friday 23 September and brought with it some significant, unexpected and – in some cases –  controversial measures (not to mention a subsequent U-turn on one of the main policy changes announced), writes Pearson May partner Matthew Rutter....

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Pearson May financial round-up

September 23, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. £1.1bn of Covid-19 loans flagged as fraud The government has published a bounce-back loan scheme performance update. Click here for more information Advisory fuel rates update There has been an increase in advisory fuel rates this month....

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Pearson May financial round-up

September 15, 2022
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Pearson May financial round-up

Each week Bath accountancy firm Pearson May and Bath Business News team up to bring you the top national finance stories. Over half of UK adults looking to boost income Cost of living crisis continues to impact personal finances. Find out more here Economy grew by 0.2% in July Soaring inflation contributes to slow growth. Click here for...

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