Spring Statement 2019: expectations

At around 12.30pm on Wednesday 13 March 2019, Chancellor Philip Hammond is expected to deliver his Spring Statement to the House of Commons. Last year, he limited the speech to a length of around 20 minutes and focused on announcing updated economic forecasts, in...

Probate charges set to increase

Affluent families in England and Wales face paying probate charges of up to £6,000 from April 2019 after ministers confirmed it as a fee rather than a tax. Families currently pay a flat fee of up to £215 to obtain the grant of probate needed in England and Wales to...

Customs checks to be relaxed in no-deal Brexit scenario

Businesses that import goods from Europe will not have to make immediate declarations to customs in the event of a no-deal Brexit, the Government has revealed. The new guidance from HMRC claims importers will file a simplified online form up to two hours before a...

Grants available for exporting SMEs

Small businesses with hopes of exporting goods in 2019 can apply for Government funding to attend international trade shows. Applications for the Trade Access Programme, which provides grants of up to £2,500, opened with the Department of Trade on Friday 21 December...

Scotland freezes higher-rate threshold

Higher earners in Scotland are poised to pay significantly more in income tax next year, after the higher-rate threshold was frozen for 2019/20. Delivering Draft Budget on 12 December 2018, Finance Secretary Derek Mackay opted to keep the higher-rate threshold at...