Budget 2024 Impact on Businesses
The Autumn Budget 2024 will have an impact on businesses in the UK. As announced, taxes are set to rise by £40 billion, with a substantial £25 billion coming from increased employers’ national insurance contributions. This adjustment exceeded initial forecasts, though it was not entirely unexpected. Click here if you’re not sure what the Autmn […]
Why A VAT Rate Cut Could Save The Hospitality IndustryÂ
If you own a business in the hospitality industry you are likely being crucified with high VAT bills which seem to decimate your cash reserves each quarter. Across the UK many businesses are feeling the squeeze of the cost-of-living crisis however the hospitality industry is one sector bearing the brunt of the increasing prices. According […]
The Impact of Associated Company Rules and Corporation Tax Rate Changes on UK Businesses
Last April, changes to both the corporation tax rate and the rules for determining associated companies came into effect. This had a significant impact on the majority of limited companies. It’s become more apparent that businesses which fall under the updated rules for associated companies face more challenges. Given the recent political changes and upcoming […]
Furnished Holiday Lettings Regime Abolished
After 40 years of being part of the tax landscape, Labour have decided to push ahead and begin drafting legislation to replace the Furnished Holiday Lettings Regime. In previous articles written by members of our team, we predicted that Labour would target assets as the main method of boosting tax collection. This prediction was largely […]
What The King’s Speech Means For Your Business
King Charles recently made his speech at the State Opening of Parliament, following the Labour Party’s success in the July general election. The King’s Speech is written by the government and is delivered by the Monarch, with the purpose of the speech to outline the government’s priorities for their first year in office. I know […]
Labour Government Effect on Businesses
With the Labour Party coming to power, there are a lot of questions and uncertainty around what the labour government effect on businesses will be and what the economy may look like, given that they haven’t been in power since 2010. Their manifesto has cleared up some of that outlook, but what does this mean […]
Why Your Company Isn’t Growing In Today’s Economy!
Have you noticed your company isn’t growing? Rising asset prices and stagnant wages are causing UK companies’ growth to stall by restricting their customer purchase power. Our latest article explores the growing wealth Inequality gap in the UK, the impact on businesses and provides our views on how business can adjust their strategies for company […]
