Spring Budget 2024 Summary 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’. Lowering taxes The Chancellor made further changes to...
Today, Chancellor Jeremy Hunt announced his 2024 Spring Budget where he summarised the UK economic performance and announced his proposals for tax. We highlight below some of the key tax changes announced. National Insurance Contributions cut From April 2024,...
The cyber security criminals aren’t giving up, and they’re not just doubling down either. They are now tripling down. They even have virtual “ransomware supermarkets” for criminals to pop in and buy ransomware in a box with a set of instructions so even more criminals...
As a self-employed business owner, you may find it hard to keep on top of tracking accounting records, taxes and expense claims when submitting your self-assessment tax return. Hiring an accountant could benefit you with the following points. There are many different...
Autumn Statement 2023 On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were...
This afternoon, the Chancellor Jeremy Hunt announced his Autumn Statement. Below we have highlighted some of the key tax announcements made by the Chancellor. Employee National Insurance Contributions (NICs) cut The main rate of Class 1 employee NICs will be...
What is a Chartered Accountant (CA)? A Chartered Accountant is a professional who has obtained a Chartered Accountancy qualification from a recognised professional body. Normally, this qualification is obtained through one of the following common Chartered Accountancy...
The leaves are falling and the jack-o’-lanterns are out, which means one thing… Halloween season is amongst us. Ensure that your tax affairs do not turn into a nightmare. Here are our 5 tax tips to avoid a horror story emerging for you this tax year. 1. Double, double...
Employers can provide trivial benefits to employees without incurring tax liabilities. To qualify as a trivial benefit, a number of conditions must be met which are that the: Cost of providing the benefit does not exceed £50 Benefit is not cash or a cash voucher...
After successfully being part of the Master Cutler Challenge for the first time in 2022, Hawsons assembled a team of staff to take on the challenge in 2023. This time to raise money for the Wentworth Woodhouse Preservation Trust’s community and education programmes....
Hawsons are delighted to announce that Bient Singh has joined Hawsons as Audit Director from a local firm of chartered accountants where he was previously an Associate Director. Bient has gained range of experience during his career providing audit and accounting...
Although it is relatively easy to setup a company in Dubai, it is very difficult not to pay UK taxes. The problem is when an individual is looking to setup a business in Dubai to reap the generous tax benefits the individual or the business cannot be connected to the...