Insights

Read the latest articles, newsletters and press releases from Thompson Jenner, one of Devon's leading firms of independent chartered accountants and business advisers.

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Spring Budget Breakfast 2023

Chancellor Jeremy Hunt is expected to announce the latest outlook for the economy and public finances.

16th February 2023
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HMRC urges families to make use of Tax-Free Childcare scheme

HMRC has reminded families that they can save up to £2,000 per year on their childcare costs using the Tax-Free Childcare (TFC) scheme.

6th February 2023
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Chancellor rules out tax cuts ahead of Spring Budget

In a recent speech, Chancellor Jeremy Hunt ruled out tax cuts in favour of introducing inflation-busting measures in the upcoming Spring Budget.

30th January 2023
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The attractions of EIS and SEIS

Enterprise Investment Schemes (EIS) and Seed Enterprise Investment Schemes (SEIS) have become popular in recent times; both for business owners and entrepreneurs looking to raise finance, as well as being attractive propositions for investors looking for tax advantageous investments.

24th January 2023
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MTD for ITSA delayed for two more years

In a written statement, the Treasury has announced that Making Tax Digital for income tax self assessment (MTD for ITSA) will be delayed for two more years until April 2026.

20th December 2022
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UK economy returns to growth in October

The UK economy rebounded to grow by 0.5% during October, according to the latest data from the Office for National Statistics (ONS).

12th December 2022
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Petrol and diesel prices dropping too slowly at the pump

There is evidence that 'rocket and feather' fuel pricing happened in 2022, according to a report published by the Competition and Markets Authority (CMA).

8th December 2022
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Home repossessions double as mortgage costs rise

Home repossessions have almost doubled as rising costs force borrowers to fall behind on mortgage payments, according to official figures published by the Ministry of Justice (MoJ).

25th November 2022
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NAO reveals Digital Services Tax has raised £358 million

Data published by the National Audit Office (NAO) has revealed that the UK's Digital Services Tax (DST) raised £358 million from large digital businesses in the 2020/21 tax year.

24th November 2022
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UK in a ‘new era of higher taxation’, IFS warns

The Institute for Fiscal Studies (IFS) has stated that the UK has entered 'a new era of higher taxation and higher spending' following the 2022 Autumn Statement.

21st November 2022

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