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Budget 2018 Report

Going into Budget 2018, between leaks and political instability, few expected Chancellor Philip Hammond would have surprises left to spring. However, under pressure to support No 10’s ‘end of austerity’ message, bolstered by revised growth forecasts from the Office of...

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Budget 2018: Expectations

Chancellor Philip Hammond is set to give his Budget speech on 29 October 2018, earlier than the usual date to avoid any clash with the final stage of Brexit negotiations. Brexit is one of the main pressures overshadowing Budget 2018, along with the question of how to...

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Budget 2018 Summary: Business

IR35 Extended To The Private Sector Medium-sized and large businesses will become responsible for assessing an individual’s employment status and determining whether the off-payroll rules apply. The reform will not apply to the smallest 1.5 million businesses and will...

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Budget 2018 Summary: Personal

Personal Allowance & Higher-Rate Threshold The personal allowance and higher-rate threshold will increase to £12,500 and £50,000 respectively in April 2019 – a year earlier than set out in last year’s Conservative manifesto. Stamp Duty For First-Time Buyers Stamp...

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Budget 2018: What We Know Already

With only a few days until Budget 2018 on 29 October, it’s still hard to say what kind of surprises might be in store. However, there are a few changes already set in stone for the 2019/20 tax year. Here’s what we know already. Auto-Enrolment Under auto-enrolment...

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Taylorcocks Officially Fastest Growing Firm

Following the publication of Accountancy Age’s latest 50 + 50 national rankings, Taylorcocks is delighted to announce that not only is it up 10 places at 55 but is also the UK’s fastest growing Top 100 firm with increased fee income of 60 per cent. The Accountancy Age...

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Key Facts on MTD for VAT

Key Facts on MTD for VAT Making Tax Digital, or MTD, is part of a wider plan by HMRC to transform the way it handles its relationship with taxpayers by using technology. In time this will cover most taxes, however to begin with it will focus on VAT. MTD for VAT: In a...

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Taylorcocks and Russell New Merge

In a move that significantly increases its expertise and consolidates its presence in the South East, taylorcocks has merged with West Sussex based Russell New. Russell New provides a broad range of specialist advice, including strategic commercial consultancy,...

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Taylorcocks consolidates growth in South West

Taylorcocks has significantly strengthened its operation in the South West of England with the acquisition of Bristol based Eden Wood Accountants. The acquisition, which brings a more enhanced range of services to clients, marks the latest development in taylorcocks’...

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