Is your partnership tax-efficient?
Tax efficiency is one of the major deciding factors between different types of companies, particularly for growing businesses which need to minimise costs.
Read more...28 Mar 2024
Month: March 2024
26 Mar 2024
Redundancy changes for new parents
The law surrounding redundancy for new parents is set to change from 6 April.
Read more...21 Mar 2024
The seven steps to a successful business plan
Writing a business plan should be one of your first steps when starting your business. If you have a business without a plan, it’s not too late to make one!
Read more...20 Mar 2024
Funding for growing businesses – Obtaining and managing private investment
Funding for businesses can come in a range of forms depending on your needs, creditworthiness and projected ability to make repayments. While many business owners choose to take out commercial business loans to meet their funding needs and growth goals, this is not the only option, particularly if you think that repayments with interest could […]
Read more...19 Mar 2024
Have you used your capital allowances this financial year?
With 5 April fast approaching, the pressure is on to make sure that you’ve used all capital allowances available to you in this tax year to reduce your tax bill.
Read more...18 Mar 2024
Your pension and the Spring Budget
The Chancellor, Jeremy Hunt, has outlined a series of pension reforms and initiatives aimed at bolstering investment in the UK and refining the pension landscape in this latest Budget. These reforms include exploring a ‘pot for life’ model and enhancing investment in the UK economy through pension schemes. UK Pension Investment During his speech, Mr […]
Read more...18 Mar 2024
The British ISA – What does it offer to savers?
Jeremy Hunt unveiled a novel British Individual Savings Account (ISA) in his spring Budget statement that aims to invigorate investment in the United Kingdom. What is the new British ISA? The British ISA introduces an additional £5,000 tax-free allowance for investments in UK assets, supplementing the existing £20,000 limit. This move seeks to benefit British […]
Read more...18 Mar 2024
Could inflation hit 2% by April – Latest forecasts suggest further falls ahead
In a promising development for the UK economy, analysts from Bloomberg Economics and the National Institute for Economic and Social Research have forecasted that the inflation rate could fall below two per cent by April – for the first time in several years. This optimistic outlook aligns with recent economic growth forecasts and suggests potential […]
Read more...14 Mar 2024
International Day of Mathematics – Do you need to be good at maths to be an accountant?
A very common question you hear is, “Do you need to be good at maths to be an accountant?”
Read more...13 Mar 2024
Spring Budget ushers in property tax shake-up
The Chancellor delivered his 2024 ‘Budget for long-term growth’ in the face of an upcoming general election. Although the headlines have been dominated by the news that employee National Insurance Contributions will be cut further to eight per cent, Mr Hunt also announced several measures, which changed how certain property taxes will be applied. Largely […]
Read more...13 Mar 2024
Overhaul of non-dom tax status – What does it mean for those affected?
You may have already heard that the Chancellor, Jeremy Hunt, has announced an end to the preferential tax treatment that non-domiciled individuals (non-doms) currently receive. At the moment, a non-dom – someone living in the UK but domiciled in another country – has two options when it comes to taxation. They can opt to be […]
Read more...13 Mar 2024
Holiday accrual to come in for zero-hours workers
Following changes to the Working Time Regulations 1998 in January 2024, further amendments are set to come into force on 1 April 2024 relating to leave entitlement for workers on irregular hours. Upcoming changes will apply to workers on zero-hours or irregular hours contracts, as well as those who are on ‘part-year’ contracts, such as […]
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