News
When can you take a dividend from your business?
16 November 2022
If you are an owner of a limited company, taking money out of your business using dividends is a mainstay of effective tax planning, thanks to an additional £2,000 annual allowance and lower rates than apply when taking money in the form of salary.
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Time to rethink your property portfolio? What you need to consider
16 November 2022
Investing in property can still provide a strong return, but it needs careful planning to achieve the best outcomes. Just buying new properties without a clear strategy would be risky. While it is true that rates of interest continue to increase, as do many of the costs associated with being a landlord...
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Tax-Free Investment Zones – How could they support your growth?
27 October 2022
In his mini-Budget, former Chancellor Kwasi Kwarteng announced plans for Tax-Free Investment Zones across England. The Government says these new economic zones will drive growth by lowering taxes and freeing up planning to encourage development and business investment.
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Time is running out to make use of the super-deduction
27 October 2022
Businesses now have less than half a year left to make use of the opportunities available to incorporated businesses under the super-deduction capital allowance. This Corporation Tax relief operates similarly to previous capital allowance schemes, helping companies to invest in new qualifying plant and machinery...
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What does the former Chancellor’s cut to Stamp Duty Land Tax (SDLT) mean for you?
27 October 2022
Much of the former Chancellor’s mini-Budget has now been repealed, but one ‘rabbit from the hat’ has been retained. In his speech on 23 September, Kwasi Kwarteng set out major changes to the thresholds for Stamp Duty Land Tax (SDLT), which have been retained by the incoming Chancellor Jeremy Hunt.
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Are you ready for changes to R&D tax reliefs in 2023?
27 October 2022
R&D tax reliefs have supported hundreds of thousands of businesses to invest in innovation by cutting the amount of tax that they pay. However, from 1 April next year, there will be several changes to the rules surrounding R&D, which could affect how much relief you can claim.
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The rate of late tax payments interest rates continues to rise
27 October 2022
From 11 October, the interest rates on late tax payments rise again in line with the Bank of England’s (BoE) latest base rate increase. The BoE increased the base rate by 0.5 per cent to 2.25 per cent in September, as a result of inflation.
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What does Sterling’s historic value against the dollar mean for investment?
27 October 2022
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.
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Announcements by the Chancellor – 17 October 2022
17 October 2022
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...
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Corporation Tax to rise in April 2023: what you need to know
17 October 2022
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.
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Case Studies
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A taste for growth, a thirst for knowledge
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Cut above the rest in personal management style
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A modern approach required for music moguls
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Sometimes a business does exactly as it says on the tin
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Taxing demands with old school charm
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Smiles all round for dental practice
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Child's play with proactive accounts management
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Customer care is top of the list for packaging business
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A shared passion for architecture and a head for numbers