Autumn Budget 2024 Autumn Budget 2024 AUTUMN BUDGET 2024 INTRODUCTION Boxed in by Labour’s manifesto pledges not to increase income tax, employee’s national insurance and VAT, Chancellor Rachel Reeves instead had to raid other taxes, like capital gains tax (CGT), inheritance tax (IHT), employer’s national [...]
Choosing the right business structure How your structure affects tax and liability. SPOTLIGHT ON Choosing the right business structure How your structure affects tax and liability. Choosing the appropriate structure for your business is one of the first and most important decisions you will make. [...]
Handling a personal tax compliance check How to deal with a compliance check from HMRC SPOTLIGHT ON Handling a personal tax compliance check How to deal with a compliance check from HMRC. Personal tax compliance checks can sound intimidating. However, with the right preparation and [...]
Strategic planning of gifts to minimise tax liabilities. Strategic planning of gifts to minimise tax liabilities SPOTLIGHT ON Tax-efficient giving Strategic planning of gifts to minimise tax liabilities. Tax-efficient gift-giving is an essential aspect of estate planning that can significantly reduce your inheritance tax (IHT) [...]
Understanding R&D tax credits Unlock the benefits of R&D tax credits for your business. SPOTLIGHT ON Understanding R&D tax credits Unlock the benefits of R&D tax credits for your business. Research and development (R&D) tax credits are a crucial incentive designed to encourage businesses to [...]
Insights to prevent unexpected surprises. What to expect from a statutory audit SPOTLIGHT ON What to expect from a statutory audit Insights to prevent unexpected surprises. A statutory audit may sound alarming, but it's a vital process that helps ensure a company's financial health and [...]
Take steps to secure your future. Building an emergency fund SPOTLIGHT ON: Building an emergency fund Take steps to secure your future. As an accounting practice, we often stress the importance of having an emergency fund to our clients. An emergency fund is essential for [...]
What you need to know before taking on the responsibility What you need to know before taking on the responsibility SPOTLIGHT ON: Becoming an employer What you need to know before taking on the responsibility Deciding to become an employer is a significant milestone for [...]
Navigating capital gains tax Capital gains tax explained SPOTLIGHT ON: Navigating capital gains tax Capital gains tax explained Capital gains tax (CGT) is the tax on the profit you make when you sell or ‘dispose of’ an asset that has increased in value during your [...]
Business valuation: Knowing your company’s worth Business valuation: Knowing your company’s worth SPOTLIGHT ON: Business valuation: Knowing your company’s worth Essential knowledge for accurate market assessments Understanding your business’s value is more than a number on a balance sheet – it’s a crucial indicator of [...]
