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Blog: General

Autumn Budget 2025 – What It Means For You And Your Business

Key announcements from the Autumn Budget   High-Value Property Surcharge Properties over £2m face a new surcharge and higher property income tax from 2027–2028.   Income Tax Freeze Thresholds are frozen until 2031, pulling more earners into higher tax bands through fiscal drag.   Rising Savings & Dividend Taxes Dividend and savings income tax rates

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(from left) Stephen Slater, managing director at RMT Accountants & Business Advisors, with RMT's new head of corporate finance Michael McCulloch

RMT Accountants appoints experienced dealmaker Michael McCulloch to lead its corporate finance expansion

RMT Accountants & Business Advisors has appointed experienced deals adviser Michael McCulloch as its new head of corporate finance.

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Measures announced

Although the Spring Statement is not intended to be a major fiscal event like the Budget, the Chancellor did announce some new measures. These included: Apprenticeship Levy, Local Full Fibre Networks, Borderlands Growth Deal and National Living Wage.

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Chris Brown|(from left) Stephen Slater

Chris Brown promoted to director at RMT Accountants & Business Advisors

RMT Accountants & Business Advisors has further strengthened its senior leadership team with the promotion of Chris Brown to director within its specialist healthcare division, which offers specialist accounting for healthcare professionals.

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Peter McCowie (left) and Stephen Slater (right) from RMT Accountants standing in front of Hexham Abbey

RMT Accountants increasing Hexham investment

RMT Accountants & Business Advisors is increasing its Hexham investment in West Northumberland with a move into town centre.

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Stephen Slater stepping up to become new Managing Director

Stephen Slater is set to become the new managing director of RMT Accountants & Business Advisors as the Gosforth-based firm works towards implementing the next stages of its growth strategy as part of the Sumer Group.

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Autumn Budget 2024 at a Glance

Rachel Reeves delivered her first Budget as Chancellor of the Exchequer on 30 October 2024. The Budget aims to deal with the £22 billion ‘black hole’ in public finances whilst restoring stability and rebuilding public services.

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RMT Accountants

RMT Accountants Joins Forces With Ribchesters

RMT Accountants & Business Advisors has completed its second growth milestone of the year, joining forces with Ribchesters Chartered Accountants, an award-winning and prominent practice, based in Durham City.

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James and Monisa join growing Healthcare team

RMT Accountants & Business Advisors is building its specialist healthcare accountants division with the appointment of two new experts in accounting for healthcare professionals.

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