The upcoming Budget could see a rise in Capital Gains tax (CGT) rates so that they align with Income Tax rates. This rumour has led to many business owners considering the sale of their business before they are subject to these ...
READ MOREPAYE Settlement Agreements (PSAs) are a convenient tool for employers, allowing them to cover the tax and National Insurance contributions (NICs) on specific benefits provided to employees. These agreements simplify settling tax liabilities on minor, irregular, or impractical expenses and benefits, ...
READ MOREOptimism is on the rise among small and medium-sized enterprises (SMEs) for the third consecutive year. According to recent research from banking firm American Express, nearly seven in 10 business leaders are feeling confident about the future of their companies, a ...
READ MORESustainability has become a core part of how businesses are expected to operate, whether we like it or not. You might think that all the talk about environmental, social, and governance (ESG) issues is only relevant to big corporations or public ...
READ MOREIn our latest blog, we continue our look ahead to the 2024 Autumn Budget and how it could affect taxpayers. Today, we turn our attention to Inheritance Tax (IHT) and explore the potential changes that might arise from the Chancellor’s announcements. IHT ...
READ MOREThe burden on small and medium-sized enterprises (SMEs) is already quite heavy due to the current economic climate, but it may worsen in the coming months, with potential changes to Capital Gains Tax (CGT) being considered in the October Budget. If ...
READ MOREEffective expense management is key to driving profitability in any business. Whether you're a small start-up or an established company, keeping a close eye on costs can be the difference between thriving and just surviving. Here are some practical strategies to help ...
READ MOREMaking financial gifts during your lifetime is a thoughtful way to provide for your loved ones while also reducing your estate’s exposure to Inheritance Tax (IHT). One often overlooked but effective approach is using surplus income to make these gifts. Over time, ...
READ MOREIf your business reimburses employees for business travel in their company cars or if employees are required to repay fuel costs for private travel, it is important to keep up to date with the advisory fuel rates set out by ...
READ MOREAs we approach the Autumn Budget on 30 October, speculation is rife about potential changes that could impact taxpayers across the UK. Over the coming weeks, this series of blogs will look at areas of tax that might be affected by ...
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