Business News

Will Trump’s tariffs impact your business?

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President Trump’s tariff proposals are creating uncertainty in global markets. While the UK has not been directly targeted yet, British businesses could still feel the impact of U.S. trade policies. Trump’s latest proposal to impose reciprocal tariffs on countries with value-added tax (VAT) systems, including the UK, could result in a 20 per cent tax […]

Business News

Planning your exit? Watch out for the BADR changes

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If you are thinking about selling your business, timing could be everything. Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, helps business owners reduce their Capital Gains Tax (CGT) liability when selling qualifying assets. However, with adjustments to BADR coming in April 2025, it is important to make plans for an exit strategy […]

Business News

New reporting requirements for dividend data

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Starting with the 2025/26 tax year, directors of close companies (owner-managed companies) will need to separate the dividend income received from their companies. This change will have an impact on almost 900,000 directors. In very broad terms, a close company is a company that is under the control of its directors or five or fewer […]