Wednesday 4th December 2013: Autumn Statement It has been announced that George Osborne will be presenting his Autumn Statement to Parliament at 12.30pm, Wednesday 4th December. The Statement usually sets the tone of future changes to our tax legislation, particularly, those to be included in the Finance Bill 2014. Tuesday 10th December 2013: Draft clauses published Six days later the Continue ReadingRead more
UK economic growth best since 2010
Dare we hope? In the third quarter of 2013 the UK’s Gross Domestic Product (GDP) grew by 0.8%. Don’t be dismayed by the small percentage. The key is it’s a positive number and the best growth indicator published since 2010. Hidden within this increase are some pleasant surprises: • A 2.5% surge in construction activity, bolstered in part by the Governments Continue ReadingRead more
Post Office sell-off underpriced?
If you managed to acquire Post Office shares at 330p per share you will have been presently surprised by the opening price on the London Stock Exchange. At 8am on the first day of trading the shares stood at 430p rising to 450p in the first few minutes. At the end of the first days’ trade the price stood at Continue ReadingRead more
NIC Employment Allowance April 2014
The Chancellor announced the creation of a NICs Employment Allowance in the 2013 Budget. This is planned to start on 6 April 2014 and moved a step closer to becoming law with the First Reading of the Bill on 14 October 2013. HMRC have published the following background information about the scheme: “In the March 2013 Budget, as part of Continue ReadingRead more