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Home » chancellor

Business news and opinion from Evans Weir > Tag: chancellor

11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

Mini Budget Summary

There was a lot announced in the mini budget that took place on Friday 23rd September 2022 and it has had a significant impact on markets and currencies ever since.
Our summary of the full statement, helps you understand all of the changes, when they will come into effect and how they might apply to your personal or commercial circumstances.

  • 28th September 2022
  • Budget / Economy / Personal Tax / Tax

Lower corporation and income tax on the horizon?

So, now we know who the winner of the Conservative Party Leadership race and new Prime Minister is, what can we expect from them in terms of tax and spending?

  • 16th September 2022
  • Budget / Business News / Tax
11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

Spring Statement 2022

The Chancellor, Rishi Sunak, delivered his 2022 Spring Statement on 23rd March, reducing fuel duty and making some concessions on taxes. Read more and download our FREE Guide here.

  • 24th March 2022
  • Budget / Economy / Tax
11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

Budget 2021

Perhaps it was the lack of wiggle room afforded to him or the fact that today’s Government is like a sieve when it comes to news of plans and ideas circulating around the cabinet table, but the lack of surprise elements in this week’s budget was probably, in itself, not a surprise.

  • 4th March 2021
  • Budget / Business News / Economy / Personal Tax / Self Employed / Tax
11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

2021 Budget – What to expect?

Having picked up the Treasury reins just weeks before the Covid pandemic broke, Chancellor Rishi Sunak has so far had little room to manoeuvre or stamp his own brand on the economic plan for the UK. Despite making numerous announcements and unveiling multiple recovery and support plans, his budget statement on March 3rd 2021 is […]

  • 11th February 2021
  • Budget / Business News / Covid-19 / Economy / Personal Tax / Tax
11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

Chancellor Announces Post Furlough Jobs Plan

At the summer statement on Wednesday 8 July 2020, the Chancellor announced a handful of measures that he felt would help create jobs and mitigate the formal end to the furlough scheme. Before announcing the measures, Mr Sunak made it clear that the Jobs Retention Scheme could not and should not go on forever, even […]

  • 10th July 2020
  • Budget / Covid-19 / Economy
11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

Emergency Budget Pencilled in for Early July?

The rumblings of an emergency budget seem to be getting louder as we begin to emerge from lockdown. Undoubtedly, now is the time for Chancellor, Rishi Sunak, to start considering the sizeable task of recovering the economy and paying back the WW2 scale borrowing that has underpinned the bailout of businesses and individuals. It is […]

  • 26th June 2020
  • Budget / Economy
11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

Budget 2020

Long awaited, and in the end overtaken by global events, new Chancellor Rishi Sunak delivered his first budget on Wednesday 11th March 2020. Just weeks in to the top job, and with Coronavirus requiring him to think on his feet, it was hardly a relaxed period of planning for Mr Sunak. The Chancellor certainly ensured […]

  • 12th March 2020
  • Budget / Covid-19
11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

Spring Statement

You would be forgiven for having missed the fact that the Chancellor delivered his Spring Statement on Wednesday 13th March. Hidden deep beneath the Brexit debate and seemingly endless votes, the Chancellor stood up and delivered his regular update on the economy. Historically the budget was delivered in March and the statement was saved for […]

  • 19th March 2019
  • Budget / Economy
11 Downing Street is home to Chancellor of the Exchequer and where the budget is drafted

Budget 2018

As he delivered the Budget 2018, Philip Hammond joked that he had avoided giving his speech on Halloween night itself because it would have been simply too tempting for the caption writers, and had avoided Christmas because he did not want to appear in cartoons disguised as Santa Claus. Even so, he was determined to […]

  • 30th October 2018
  • Budget / Business News / Economy
HM Treasury

Chancellor scraps plans to abolish Class 2 NI contributions

The Treasury has announced that Chancellor Phillip Hammond is going back on a promise made by his predecessor, George Osborne, to scrap Class 2 NI Contributions. The abolition which was originally planned to come into effect this year, had already been put on ice by the Chancellor citing concerns that it would actually increase the […]

  • 20th September 2018
  • Self Employed / Tax
VAT Flat Rate Scheme

VAT Review in Spring Statement – Impact on Small Businesses

In his first Spring Statement, Chancellor Philip Hammond launched a consultation on a proposed review of the UK’s VAT scheme. The Chancellor had been tipped to announce wholesale changes to VAT thresholds last November as part of the budget, but because of representations from business organisations he swapped hard and fast plans for change in […]

  • 16th April 2018
  • Legislation / Tax
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