

New Chancellor of Exchequer Discards Almost All Tax Cuts
The surprising moves by new finance chief Jeremy Hunt, parachuted into the job on Friday to replace sacked Kwasi Kwarteng, leaves Truss’ position in a
The surprising moves by new finance chief Jeremy Hunt, parachuted into the job on Friday to replace sacked Kwasi Kwarteng, leaves Truss’ position in a
The central bank is gradually raising interest rates as Britain undergoes significant change, including a new government and monarch, to prevent high inflation from spreading
The financial crisis brought on by the mini-budget, which prompted the Bank of England (BOE) to seek a £65 billion emergency bailout, was centred on
Chancellor Kwasi Kwarteng announced last 23 September his mini-budget or “Growth Plan,” which is considered to have implemented the biggest tax cuts in a generation.
The UK government borrowed £11.8bn in August in preparation for helping the public with the soaring costs of living, which is almost twice as much
The new Prime Minister Liz Truss tackles severe economic headwinds with bold measures for the skyrocketing energy bills. Hours before the Queen’s death, she announced
After a summer-long internal campaign triggered by Boris Johnson’s resignation in July, Liz Truss defeated her competitor, former finance minister Rishi Sunak, by 81,326 votes to
Beginning on 4 April 2022, effective in Wales and England, the government requires tax checks on individuals, business partners, or those who operate through company
Rishi Sunak showed concerns regarding the pressure and living standards in the light of tax scenarios as he stated that cutting taxes now without balancing
Contents Current events such as the global pandemic and uncertain economy can be a few of the most significant factors for businesses to spiral down
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Contents At the heart of every business’ financial stability lies one crucial element, i.e “cash flow”. It is the lifeblood of any successful enterprise that
On 1 April 2013, the Annual Tax on Enveloped Dwellings (ATED) was implemented wherein Non-Natural Persons (NNPs) who have more than £500,000 worth of interest
Contents HMRC’s tax investigations can be expensive, complex, and time-consuming. Even individuals and businesses with a good accounting team feel like they are caught off-guard
Contents If you miss your corporation tax payment deadlines, HMRC will charge interest on the outstanding amount. This interest keeps on accumulating the longer the
Contents Every business encounters losses at some point, but how you tackle them makes all the difference. HMRC offers UK companies relief on corporation tax
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The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
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