On The Spot Blogs

#Budget2015 - Game, Set and Match

Among the rallies did the Chancellor win out overall? On the basis this looks like a revenue raising budget, yes he did, but did you? If we're looking for aces and deuces, there may be a few.

 

Continue reading
  3194 Hits
  0 Comments

#Budget2015 - Sugar and Spice and All Things Simplification?

It seems to be good news all round from the Chancellor, but the economy isn't yet strong enough for a lot of sugary giveaways, apart from the continued increase to the income tax free personal allowance. 

 

Continue reading
  3491 Hits
  0 Comments

The Good, The Bad & The Ugly - Autumn Statement 2014

Public opinion has played a strong role in the Chancellor's statement today and perhaps his announcements made at the Commons film set today can be summarised into the Good, the Bad and the Ugly.

The Good - Property Owners, Savers

At last the stamp duty system has been modernised, so it doesn't distort the property market with a more logical % being charged in each band rather than on the whole property price.

 

Continue reading
  3340 Hits
  0 Comments

Open Letter To #HMRC - Why Taxpayers Need Accountants

Dear HMRC

Taxpayers have benefited from recent changes allowing cash accounting for sole traders and simplified company reporting. The press releases accompanying these changes talk  a lot about simplification, with the sub-text that enterprise Britain enables small businesses to deal easily direct with HMRC and companies house. There is no need to pay an accountant so say the politicians.

The reality for small business owners is very different.

 

Continue reading
  3160 Hits
  0 Comments