Bryden Johnson

Chartered Accountants and Business Advisers

[Bryden Johnson @BrydenInfo]

From 1 April the VAT registration threshold will be increased to £90,000 #SpringBudget #VAT

[HM Treasury @hmtreasury]

Small businesses being able to access the finance they need to grow & invest is crucial if we're to grow our economy.

That's why we're extending the Recovery Loan Scheme and renaming it as the Growth Guarantee Scheme – helping 11,000 SMEs to access the funding they need.

[Bryden Johnson @BrydenInfo]

The Alcohol duty freeze has been extended until February 2025 and the fuel duty has been frozen for 2024/25 #SpringBudget #fuelduty

[HM Treasury @hmtreasury]

At the Autumn Statement, we froze alcohol duty for six months to provide stability for businesses.

Today we’re extending the duty freeze further – from Aug 2024 to 1 Feb 2025.

Cutting costs for breweries, distilleries, restaurants, nightclubs, pubs & bars.

[Bryden Johnson @BrydenInfo]

The Chancellor is due to deliver the budget shortly and is expected to cut National Insurance by 2p. It also fell by 2p in last year's Autumn Statement.

[HM Treasury @hmtreasury]

SMEs support 16.7m jobs & provide billions in tax revenue.

We're supporting SMEs by:

✅Taking action to ensure more are paid their invoices on time

✅ Expanding the Made Smarter Adoption programme

✅ Strengthening support to access export markets

[HM Treasury @hmtreasury]

The Pensions Triple Lock and Pension Credit will be protected and rise in April 2024 by 8.5%.

This will support pensioners across the United Kingdom with the cost of living.

[Croydon Food & Music Festival @CroydonFoodFest]

We’ve tasted some of the very best vegetarian and vegan dishes at the Croydon Food & Music Festival!😋

If you specialise in vegetarian/vegan delights, trade with us at this year’s festival on 2 July and showcase your offerings to thousands of foodies, 📩[email protected].

[Croydon Food & Music Festival @CroydonFoodFest]

👩‍🍳Showcase your delicious dishes to thousands of foodies at the Croydon Food & Music Festival 2023!

Cuisines from all corners of the globe are welcome, including Caribbean, African, Asian and European😋

If you’d like to get involved, please email 📩[email protected].

[Bryden Johnson @BrydenInfo]

Reminder - The main rate of corporation tax will increase from 19% to 25% on 1 April 2023.

For businesses with accounting periods which straddle 1 April, profits will be time apportioned. Businesses with profits of less than £50,000 will continue to b... https://t.co/Lqak8Tivtw

[Bryden Johnson @BrydenInfo]

As an employer running payroll, you need to report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April 2023), give your employees a P60, and prepare for the new tax year, which starts on 6 April.
https://t.co/k4mO1XJYSN

[Bryden Johnson @BrydenInfo]

Chancellor announces that he will increase the pensions annual tax-free allowance from £40,000 to £60,000 and will abolish the Lifetime Allowance - previously set at £1.07m. #springbudget #pensions

[HM Treasury @hmtreasury]

To support those with long-term conditions back into the world of work, new services will be available.

These include:

✅ Access to employment advisors

✅ Expanding the number of community hubs that offer health support

✅ Additional mental & physical health resourceTo support those with long-term conditions back into the world of work, new services will be available.

These include:

✅ Access to employment advisors

✅ Expanding the number of community hubs that offer health support

✅ Additional mental & physical health resources

[Bryden Johnson @BrydenInfo]

Small or medium-sized businesses will be able to claim a credit worth £27 for every £100 they spend if they spend 40% or more of their total expenditure on Research and Development #SpringBudget2023

[HM Treasury @hmtreasury]

Full expensing will come in from 1 April, cutting tax for companies that want to invest in the UK, reducing their tax by up to 25p for every £1 they spend on plant and machineryFull expensing will come in from 1 April, cutting tax for companies that want to invest in the UK, reducing their tax by up to 25p for every £1 they spend on plant and machinery.

[Bryden Johnson @BrydenInfo]

Fuel duty rates are to remain at current levels for the next 12 months #SpringBudget #fuelduty

[Bryden Johnson @BrydenInfo]

The UK is expected to avoid a technical recession in 2023, according to the Office for Budget Responsibility, Hunt tells the Commons. In addition, the rate of price rises, or inflation, is forecast to fall to 2.9% by the end of 2023, according to the OBR #SpringBudget

[HM Treasury @hmtreasury]

New - the Energy Price Guarantee will remain at £2,500 a year for a typical household until the end of June.

With energy bills set to fall from July, this change will bridge the gap, easing the pressure on families.

[Sadiq Khan @SadiqKhan]

So pleased that Croydon is this year’s London Borough of Culture.

I look forward to seeing Croydon’s unique identity, heritage and character celebrated at a whole host of events taking place throughout the year.

#ThisisCroydon #CultureCroydon

[Bryden Johnson @BrydenInfo]

Does your company have a shareholder agreement? Does it need one?
https://t.co/kpOi3SMduP