Non-doms set to face new Inheritance Tax hurdles
Starting next year, non-doms will face a tougher tax climate as Labour takes steps to fix what they see as outdated tax perks and overhaul Inheritance Tax (IHT) rules.
Read more...31 Jul 2024
Month: July 2024
30 Jul 2024
The ROI of investing in financial technology – Is it worth it?
As a UK business owner, you should always be looking for new ways to streamline your operations and enhance the efficiency of your business. In 2024, that means investing in financial technology, sometimes referred to as ‘fintech’.
Read more...25 Jul 2024
Keeping your SME stable during economic uncertainty
There have been a lot of political changes in recent months, but the outlook for small and medium-sized enterprises (SMEs) remains gloomy.
Read more...24 Jul 2024
Pension crisis looms, so how can business owners help their employees?
The recent Scottish Widows 2024 retirement report highlights a growing pensions crisis, with the number of people not on track for even a minimal retirement lifestyle rising from 35 to 38 per cent over the past year.
Read more...23 Jul 2024
Is your business running a workplace nursery scheme? Key steps to remain tax compliant
HM Revenue & Customs (HMRC) has recently issued a warning to employers regarding the proper use of workplace nursery schemes.
Read more...18 Jul 2024
Lessons from Gareth Southgate – Leadership insights for business owners
The recent resignation of Gareth Southgate as England manager, after an impressive eight-year tenure, marks the end of an era. Opinion is divided on Southgate’s time as England boss. However, it cannot be argued that his leadership sparked a transformation in the team, guiding them to the World Cup semi-finals in 2018 and the Euro […]
Read more...16 Jul 2024
Understanding the new process for PAYE refunds
The recent announcement by HM Revenue & Customs (HMRC) has introduced a change in the way PAYE refunds are processed.
Read more...15 Jul 2024
Why the National Wealth Fund is a game-changer for SMEs
The recent announcement by the new Labour Government to introduce a National Wealth Fund has sent ripples of excitement throughout the business community.
Read more...12 Jul 2024
What does Labour’s win mean for independent schools?
The Labour Party’s pledge to apply VAT to fees at independent schools is estimated to generate between £1.3 billion and £1.5 billion in revenue. This move will significantly impact independent schools, their students, and the wider educational sector. As of the 2022-23 academic year, the average fee for independent schools was £15,200 per student, in […]
Read more...10 Jul 2024
Potential tax increases and their impact on businesses
In recent reports, former Prime Minister Sir Tony Blair has forecasted potential tax increases that could have an impact on businesses across the UK.
Read more...10 Jul 2024
Labour’s election win – Understanding its impact on your finances
As the sun rose on Friday morning, Labour began its celebration of a significant victory, claiming a majority that fell short of its last landslide success in 1997. With a manifesto focused on change, its proposals for the next five years of Parliament are far-reaching, but not revolutionary. Now in power, it is important to […]
Read more...9 Jul 2024
Will Labour’s agenda in the King’s Speech signal major tax changes for businesses in 2025?
As the opening of Parliament approaches on 17 July, businesses across the country are bracing for the King’s Speech, which is expected to outline the Labour Government’s legislative priorities for the coming year.
Read more...
