Posts by Graham
A guide to the Autumn Budget 2025
Introduction The Chancellor delivered her long-awaited, very late Budget, highlighting intentions to review public spending, freeze thresholds, remove and reform specific allowances, and announce future tax increases. It was a Budget that added more complexity to an already complex tax system. As with previous Budgets, this complexity may increase as we will see several consultations…
Read MoreSpring Statement 2025
As the days grow longer and the weather (hopefully) starts to improve, the Chancellor Rachel Reeves took to the dispatch box on 26 March 2025 to deliver her first Spring Statement. While many of us are busy thinking about Easter plans or tackling the garden, the Treasury has been hard at work pruning the public…
Read MoreJanuary 2025 Newsletter
Happy New Year from Mercian Accountants, and welcome to the January 2025 edition of our Newsletter. We hope your New Year resolutions are still intact (or at least as sturdy as your festive leftovers). As always, this newsletter is brimming with essential updates, key deadlines, and timely reminders to keep you and your business in…
Read MoreDecember 2024 Newsletter
Ho, ho, hold on to your calculators—it’s December, and we’ve got a cracker of a newsletter for you! 🎄 Whether you’re planning a Christmas party that won’t land your staff with a surprise tax bill or strategising for the big changes to agricultural property relief, we’re here to keep your financial affairs on the “nice”…
Read MoreThe Autumn Budget – 30 October 2024
On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of tax rises. Headlines included: Below,…
Read MoreOctober 2024 Newsletter
Welcome to our October 2024 newsletter. As we approach the Autumn Budget, speculation is rife about potential changes to Capital Gains Tax (CGT) and other financial policies. In this edition, we will explore some of the key rumours surrounding CGT reforms, including possible rate adjustments, the future of Business Asset Disposal Relief (BADR), and the…
Read MoreSeptember 2024 Newsletter
Welcome to the September edition of our Newsletter. As the new season begins, we’re here to keep you informed about the latest developments and updates in the world of taxation. In this issue, we cover a range of important topics, from potential changes to inheritance tax to the benefits of setting up a tax-free childcare…
Read MoreAugust 2024 Newsletter
Hello and welcome to the latest edition of our Tax News! As we move through the summer, we’re here to keep you informed about the latest tax updates and planning opportunities. In this edition, we cover a range of topics including the 60% income tax trap, tax-free childcare accounts, and planning a staff summer barbecue.…
Read MoreJuly 2024 Newsletter
As we bask in the warmth of summer, we’re here to bring you the latest updates and insights on tax matters that may impact you and your business. Whether you’re planning a well-deserved holiday or staying busy with your professional pursuits, we hope this edition provides valuable information to keep you informed. This month, we…
Read MoreJune 2024 Newsletter
Welcome to the June edition of Tax E-News! Summer is here, but don’t let tax deadlines slip your mind. This edition highlights important tax obligations for employers and individuals in June and July, including key dates for filing employee benefits, reporting securities, and reimbursing private fuel costs. Report Employee Benefits on Form P11d by 6…
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