A guide to Full Expensing for British businesses
Following the announced extension and permanence of full expensing in the 2023 Autumn Statement, we provide up to date guidance on how full expensing works and its benefit to British businesses.
Jon Chambers
Senior Manager
Jon joined Price Bailey in August 2021, having worked in various roles within corporate and business tax.
Jon is a senior manager in the City office’s tax team and works closely with Jay Sanghrajka in supporting Price Bailey clients in understanding their corporate and business tax affairs. His specialist areas are restructuring and property taxes and he has also advised many owner-managed businesses.
Outside of Price Bailey Jon enjoys playing badminton and tennis, enjoying the occasional beer with friends and spending time with family.
Articles by Jon
Jon Chambers discusses a recent release of debt tax case – what does this mean for business owners?
In this video, Jon Chambers, a Senior Manager in our Tax team outlines what business owners can learn from the recent England and Anor V HMRC [2023] court case...
The end of super deduction
Experts from Birketts, Roche, and Price Bailey gathered towards the end of 2022, at Norwich City Football Club to host their annual property seminar, diving...
Change of basis period: new rules for income tax
Currently, all business profits subject to income tax are taxed in the tax year the business accounting year ends (the current year basis). For example, a sole trader with an accounting year-end date of 31 May 2021, will be assessed tax on these profits during the tax year 2021/22.
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