Sterling’s fall to close to parity with the dollar means that the cost of investing in UK businesses is lower than ever, especially for businesses and individuals based in the US or otherwise primarily trading in dollars. Simply put, their dollars are now worth more pounds, meaning they get more bang for their (literal) buck. […]
The markets have experienced considerable volatility as a result of the ‘Growth Plan’ delivered by the former Chancellor, Kwasi Kwarteng on 23 September. That made regaining economic confidence an urgent task for the newly appointed Chancellor, Jeremy Hunt, who has delivered a reversal of many of the key tax measures announced in the mini-Budget in […]
The Prime Minister has announced that the Corporation Tax increase announced by the previous administration and then cancelled by the former Chancellor Kwasi Kwarteng will take place in April 2023. What does the announcement mean? Companies with profits of £250,000 or more For companies with profits of £250,000 or more, the upper profits limit, the […]
The annual benchmarking data of its accountancy firm members has been released by The Corporate Finance Network at its recent national conference. TWP Accounting is the local representative firm of The CFN which is the largest alliance of its kind in the UK. It provides tools and resources to selected accountancy practices, to offer more […]
From 1 January 2023, HMRC will introduce a new point-based MTD penalty system, which will replace the existing late submission penalty regime. Under this new system, for each submission deadline that is missed, you will accrue a single point. Once you receive a certain number of points for late submission, you will receive a fine. […]
As members of The Corporate Finance Network, we have access to a tremendous amount of market intelligence and deals data. We continue to see more companies request support with exit planning and buy or sell transactions, we are always happy to have a conversation with any client and or business owners who are seeking professional […]
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