Business News

26 April 2023

Chancellor Jeremy Hunt has announced a partial replacement for the Super Deduction that allows companies to write off 100 per cent of the cost of investment

26 April 2023

Crypto transactions to become part of Self-Assessment under new regulations

The Government has announced there will be greater scrutiny on the reporting of all crypto transactions, including for cryptocurrencies and non-fungible tokens (NFTs). HM Revenue &

26 April 2023

How do changes in Corporation Tax affect my business?

Changes to the amount of Corporation Tax (CT) businesses pay came into effect on 1 April. From that date, the main rate of CT rose from

26 April 2023

Be prepared for business rate changes as rateable value update takes effect

The Valuation Office Agency (VOA) has updated the rateable values of all businesses, and other non-domestic, properties in England and Wales from 1 April 2023. The

26 April 2023

Government announces shakeup in the payment of Benefits in Kind

The Government has announced a shake-up in how Benefits in Kind (BIK) are paid. The move will allow tax agents to run payroll BIK on behalf

14 April 2023

Annual Tax on Enveloped Dwellings 2023/24 Update

Does your company or partnership currently hold or plan to hold residential property? If so, you may be liable to the ATED. Read below to find

06 April 2023

What is Business Asset Disposal Relief (BADR)

BADR is available on the disposal of business assets and provides the shareholders of qualifying company’s a CGT rate of 10% for the first £1 million

27 March 2023

Fuel rate boost for electric car drivers, but other advisory fuel rates cut

Company car drivers will see changes to the amount they can claim back for fuel costs from their employer from 1 March. HM Revenue & Customs

27 March 2023

Employers brace for uplift to the National Minimum Wage

Workers across the UK will get a pay rise from April as higher National Minimum Wage (NMW) rates are introduced. According to the Government, around two

27 March 2023

Businesses must be prepared for imminent changes to Corporation Tax

Businesses should be planning for the rise in Corporation Tax (CT), which comes into force from 1 April 2023, and sees the top rate of tax

27 March 2023

R&D tax reliefs are changing in April – Are you ready?

Chancellor Jeremy Hunt announced many R&D tax changes in his Autumn Budget, including how the funding is allocated, which will be implemented in April. He announced

27 March 2023

Make voluntary National Insurance contributions to ensure pension entitlement

People planning to claim the UK state pension have been advised to check their National Insurance (NI) record to identify any shortfalls in their payment history. NI contributions,