March 2024
Technical and Client Update
In this issue
Spring Budget 2024
Exam success
Spring Budget 2024
With the Spring Budget just recently announced by Chancellor Jeremy Hunt, we have put together a summary to highlight the key points that may affect you and your business.
In his statement to Parliament, the Chancellor set out a plan with measures to ease the tax burden and stimulate economic growth.
Our summary will cover the following areas:
- Reduction in NI contributions
- Corporate Tax
- Residential Property Capital Gains Tax
- Non-Dom Tax Status
- VAT thresholds
- Furnished Holiday Lettings
If you have any questions on the Budget, or would like to know how we can help then please contact us
Exam success
We are pleased to announce that Richard Cloake has passed his exams to qualify as a Chartered Accountant (ACA).
Richard joined the firm as an AAT apprentice in September 2017 qualifying as an Accounting Technician in November 2020. He then went on to study ACA and became a qualified Chartered Accountant in February this year. Richard is based at our Hove office, where he works for partner Mike Bryan, assisting with his wide portfolio of clients including dental and medical clients.
“I am delighted to qualify as a Chartered Accountant, and I am grateful for all the support Humphrey & Co have provided. I am looking forward to using the knowledge and experience I have gained to provide the best possible service in assisting our clients with their accounting and tax needs” said Richard.
Senior Partner Anthony Smith comments “We have supported the Apprenticeship Scheme for many years now and Richard is the latest success story from that partnership. The AAT-ACA route to becoming a qualified Chartered Accountant is a journey of commitment by both employer and employee, and we are so proud of Richard’s dedication to succeed. All the hard work has paid off and we look forward to enabling Richard to spread his wings within a rapidly growing part of the business.”