Weil Tax BLOG - Feed https://tax.weil.com/category/uk-tax/budget-highlights-from-uk-fiscal-events/ Views and developments from the Tax Department at Weil Fri, 29 May 2026 16:24:17 +0000 hourly 1 The enterprise investment scheme: current state of play https://tax.weil.com/insights/the-enterprise-investment-scheme-current-state-of-play/ Thu, 28 Nov 2024 13:06:24 +0000 Oliver Walker Stuart Pibworth https://tax.weil.com/?p=2389 This article first appeared in the December 2024 issue of PLC Magazine https://uk.practicallaw.thomsonreuters.com/Browse/Home/Resources/PLCMagazine Investment in business has seldom been more topical. The new government has made clear its intention to restore economic growth, signalled by its inaugural International Investment Summit that took place in October 2024. The Enterprise Investment Scheme (EIS) and Seed Enterprise Investment

The post The enterprise investment scheme: current state of play appeared first on Weil Tax BLOG.

]]> This article first appeared in the December 2024 issue of PLC Magazine https://uk.practicallaw.thomsonreuters.com/Browse/Home/Resources/PLCMagazine Investment in business has seldom been more topical. The new government has made clear its intention to restore economic growth, signalled by its inaugural International Investment Summit that took place in October 2024. The Enterprise Investment Scheme (EIS) and Seed Enterprise Investment

The post The enterprise investment scheme: current state of play appeared first on Weil Tax BLOG.

]]> Consultation on combatting tax avoidance: stop and go https://tax.weil.com/insights/consultation-on-combatting-tax-avoidance-stop-and-go/ Fri, 02 Jun 2023 16:03:53 +0000 Oliver Walker Erica Rees https://tax.weil.com/?p=1901 As announced in Spring Budget 2023, the government is considering further measures to combat tax avoidance (see News brief “Spring Budget 2023: enterprise, everywhere, all at once”, www.practicallaw.com/w-038-9571). True to its word, on 27 April 2023, it launched a consultation on tougher consequences for promoters of tax avoidance, which includes two key proposals: The government

The post Consultation on combatting tax avoidance: stop and go appeared first on Weil Tax BLOG.

]]> As announced in Spring Budget 2023, the government is considering further measures to combat tax avoidance (see News brief “Spring Budget 2023: enterprise, everywhere, all at once”, www.practicallaw.com/w-038-9571). True to its word, on 27 April 2023, it launched a consultation on tougher consequences for promoters of tax avoidance, which includes two key proposals: The government

The post Consultation on combatting tax avoidance: stop and go appeared first on Weil Tax BLOG.

]]> UK Tax Update: Autumn Budget 2021 https://tax.weil.com/uk-tax/u-k-tax-update-autumn-budget-2021/ Wed, 27 Oct 2021 22:28:00 +0000 Oliver Walker Aron Joy Weil Tax Blog https://tax.weil.com/?p=1461 On 27 October 2021, the Chancellor delivered the Autumn Budget 2021, which was short on surprises. Following the announcement of future tax increases at the Spring Budget 2021 (and more recent announcements in September regarding the rates of dividend income tax and National Insurance contributions), this Budget was light on tax increases. Instead, the focus

The post UK Tax Update: Autumn Budget 2021 appeared first on Weil Tax BLOG.

]]> UK Tax Update: Spring Budget 2021 https://tax.weil.com/uk-tax/uk-tax-update-spring-budget-2021/ Wed, 03 Mar 2021 21:40:53 +0000 Aron Joy Oliver Walker Weil Tax Blog http://tax.weil.com/?p=1204 On 3 March 2021, Chancellor Rishi Sunak delivered the Spring 2021 Budget. Unsurprisingly, the main focus of this Budget was on providing continued Covid-19 related support measures for the UK economy as the country embarks on the roadmap out of lockdown. It was anticipated that the Chancellor’s Budget day tax announcements might be limited, following

The post UK Tax Update: Spring Budget 2021 appeared first on Weil Tax BLOG.

]]> On 3 March 2021, Chancellor Rishi Sunak delivered the Spring 2021 Budget. Unsurprisingly, the main focus of this Budget was on providing continued Covid-19 related support measures for the UK economy as the country embarks on the roadmap out of lockdown. It was anticipated that the Chancellor’s Budget day tax announcements might be limited, following

The post UK Tax Update: Spring Budget 2021 appeared first on Weil Tax BLOG.

]]> Mini-Budget 2020: Stamp Duty and VAT Announcements https://tax.weil.com/covid19-updates/mini-budget-2020-stamp-duty-and-vat-announcements/ Wed, 08 Jul 2020 15:43:00 +0000 Aron Joy Oliver Walker Ellie Marques Weil Tax Blog http://tax.weil.com/?p=994 The UK Chancellor announced a number of measures today (8 July 2020) to boost the economy in the wake of the coronavirus lockdown.  These included two tax cuts to VAT and stamp duty in an attempt to get the hospitality and housing sectors “bustling again”. VAT will be cut from 20% to 5% for the

The post Mini-Budget 2020: Stamp Duty and VAT Announcements appeared first on Weil Tax BLOG.

]]> The UK Chancellor announced a number of measures today (8 July 2020) to boost the economy in the wake of the coronavirus lockdown.  These included two tax cuts to VAT and stamp duty in an attempt to get the hospitality and housing sectors “bustling again”. VAT will be cut from 20% to 5% for the

The post Mini-Budget 2020: Stamp Duty and VAT Announcements appeared first on Weil Tax BLOG.

]]> UK Budget 2020: Summary https://tax.weil.com/uk-tax/budget-highlights-from-uk-fiscal-events/uk-budget-2020-summary/ Wed, 11 Mar 2020 21:24:40 +0000 Oliver Walker Aron Joy http://tax.weil.com/?p=858 On 11 March, the Chancellor delivered the 2020 Budget. Unsurprisingly, the focus of the Budget was on “emergency” measures surrounding the minimisation of the economic impact of Covid-19. However, there were numerous tax-related announcements, including some new and potentially significant developments. While, predictably, anti-avoidance measures featured, the government was keen to emphasise that it is

The post UK Budget 2020: Summary appeared first on Weil Tax BLOG.

]]> Autumn Budget 2018 https://tax.weil.com/uk-tax/straight-to-the-point/autumn-budget-2018/ Mon, 29 Oct 2018 22:10:19 +0000 Oliver Walker http://tax.weil.com/?p=506 The Chancellor delivered the 2018 Autumn Budget this afternoon. Here is a summary of the key announcements.

The post Autumn Budget 2018 appeared first on Weil Tax BLOG.

]]> The Chancellor delivered the 2018 Autumn Budget this afternoon. Here is a summary of the key announcements.

The post Autumn Budget 2018 appeared first on Weil Tax BLOG.

]]> Spring Statement 2018 https://tax.weil.com/uk-tax/budget-highlights-from-uk-fiscal-events/spring-statement-2018/ Wed, 14 Mar 2018 14:08:05 +0000 Oliver Walker http://tax.weil.com/?p=491 The 2018 Spring Statement took place on Tuesday 13 March 2018 and, as promised, did not contain any significant tax announcements.  However, the Government did take the opportunity to announce a number of consultations and calls for evidence. At his first Autumn Statement in 2016, the Chancellor announced that it would also be his last,

The post Spring Statement 2018 appeared first on Weil Tax BLOG.

]]> The 2018 Spring Statement took place on Tuesday 13 March 2018 and, as promised, did not contain any significant tax announcements.  However, the Government did take the opportunity to announce a number of consultations and calls for evidence. At his first Autumn Statement in 2016, the Chancellor announced that it would also be his last,

The post Spring Statement 2018 appeared first on Weil Tax BLOG.

]]> Autumn Budget 2017 https://tax.weil.com/uk-tax/budget-highlights-from-uk-fiscal-events/autumn-budget-2017/ Wed, 22 Nov 2017 18:02:48 +0000 Oliver Walker http://tax.weil.com/?p=484 The Chancellor delivered the 2017 Autumn Budget this afternoon. Here is a summary of certain key new tax measures announced.

The post Autumn Budget 2017 appeared first on Weil Tax BLOG.

]]> The Chancellor delivered the 2017 Autumn Budget this afternoon. Here is a summary of certain key new tax measures announced.

The post Autumn Budget 2017 appeared first on Weil Tax BLOG.

]]> Spring Budget 2017 https://tax.weil.com/uk-tax/budget-highlights-from-uk-fiscal-events/spring-budget-2017/ Wed, 08 Mar 2017 13:53:13 +0000 Oliver Walker http://tax.weil.com/?p=472 The Chancellor delivered the 2017 Spring Budget this afternoon. This was a significantly scaled-down affair as compared to prior Spring Budgets – perhaps due to the fact that the Government is, effective this year, moving to a single main fiscal event in the Autumn of each year. Here is a summary of the key new tax

The post Spring Budget 2017 appeared first on Weil Tax BLOG.

]]> The Chancellor delivered the 2017 Spring Budget this afternoon. This was a significantly scaled-down affair as compared to prior Spring Budgets – perhaps due to the fact that the Government is, effective this year, moving to a single main fiscal event in the Autumn of each year. Here is a summary of the key new tax

The post Spring Budget 2017 appeared first on Weil Tax BLOG.

]]>