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10 Chartered Accountants

News

How can you finance a new business?
21 April 2022

Financing a new venture is a challenge, even harder in the current climate of high inflation, global uncertainty and the backdrop of war in Europe. Difficult, but not impossible. With planning, careful research and the right advice, you should be able to find the finance that is right for you.
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Getting to grips with the new National Insurance and Dividend Tax Rates
21 April 2022

National Insurance and Dividend Tax rates have increased by 1.25 percentage points as of 6 April, as part of the new Health and Social Care levy. These changes have brought additional complications to the payments of National Insurance Contributions (NICs) and dividends that businesses are just getting to grips with.
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Looking to start a new business? You aren’t alone
21 April 2022

The majority of adults will have flirted with the idea of starting a business and becoming the next Branson or Musk. That idea would have been firmly buried for many during the pandemic, but new figures show that nearly 13 per cent of UK adults are running fledgling businesses, according to research...
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R&D Tax Credits – What is changing next year
21 April 2022

Several important changes are happening to research and development (R&D) tax reliefs in April 2023, which could affect what income qualifies for R&D tax relief that businesses need to account for in their plans. These new measures are still being considered by Parliament, but details of the upcoming...
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HMRC to launch new mandatory P87 expenses form
21 April 2022

HM Revenue & Customs (HMRC) is to launch a new mandatory P87 form from 7 May to create a consistent standard for the P87s it receives. What is a P87 form? Workers and their agents can use a P87 form to claim tax relief on work expenses. The form can only be used to claim tax rebates for an employee...
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Big fall in businesses exporting to EU ‘caused by Brexit red tape’
13 April 2022

The number of UK businesses exporting goods to the EU fell 33 per cent to 18,357 in 2021, from 27,321 in 2020, data from HMRC shows. Industry experts said the fall is due to the extra red tape UK businesses must now comply with when exporting to the EU.
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Divided opinion over the introduction of new border import controls
07 April 2022

New post-Brexit rules for imports, due to be implemented on 1 July, have provoked a mixed reaction. A trade body is calling for delay while the British Veterinary Association (BVA) says delays to checks risk allowing infectious animal diseases into the country.
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Brexit leaves shortfall in university-led training projects funding
30 March 2022

The Government has been warned that as many as 164 university-led skills and training projects could be halted or axed due to European funding running out by the end of next year – reducing skills and training support for SMEs. The UK Shared Prosperity Fund (UKSPF) will award £2.6 billion of new funding for local investment...
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£1.1m training fund gives helping hand to UK exporters
24 March 2022

British exporters are being offered a helping hand with a training and consultancy package to help them boost their businesses. They are being given access to a £1.1 million programme to help them trade more effectively overseas.
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Spring Statement 2022
23 March 2022

Exactly two years since the first lockdown was announced, the eyes of the public were firmly fixed on the Chancellor, Rishi Sunak, as he rose to the despatch box in the House of Commons to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs against a background of crisis, with the residual...
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