Capital Gains Tax (CGT) was a significant target for the Chancellor in the Autumn Budget – with an immediate rise put in place for both… Read More »Capital Gains Tax is increasing – What does this mean for you?
In Chancellor Rachel Reeves’ 2024 Autumn Budget, she announced over £40 billion of tax increases, as the Government attempts to fill a £22 billion gap… Read More »Employers squeezed as wages and National Insurance rise
As we approach the end of the year, one trend has become increasingly concerning for UK businesses – debts are on the rise. According to… Read More »Bad debts on the rise – Time to crack down
Recent research by Three Business indicates that tech-enabled SMEs could add an impressive £79 billion to the UK economy over the next year. Technology is… Read More »The value of technology – Why you should not rule out investment
In this year’s Autumn Budget, Chancellor Rachel Reeves announced that the majority of unspent pension funds will form part of an estate from April 2027… Read More »Autumn Budget delivers Inheritance Tax blow to pension savers
The Government estimates that new obligations placed on employers under the Employment Rights Bill could result in substantial compliance costs – totalling around £5 billion.… Read More »Businesses left to pick up the tab for Employment Rights Bill
As the Government seeks to plug certain gaps in the public purse, we are unlikely to see any change in Income Tax thresholds – despite… Read More »Fiscal drag and tax thresholds: What does it mean for you
For business owners and directors, dividends may form a critical element of your salary strategy and tax planning, keeping your tax liabilities to a minimum.… Read More »With Income Tax unlikely to change, is it worth altering your dividend-based salary strategy?
As the Autumn Budget approaches, the Government has pledged that it will “make the tax system fairer” and avoid raising taxes on working people and… Read More »Labour pledges to avoid raising taxes ‘on working people’
Taxpayers have a fundamental right to reclaim input tax, also referred to as input VAT. However, HMRC has the authority to refuse this right under… Read More »How to protect your business from Kittel VAT risks
