Following the recent budget, delivered by Rachel Reeves and Labour’s first since 2010, we have been reviewing the headline changes as well as delving into the finer details. Labour promised not to raise various taxes, including Income Tax, National Insurance, Corporation Tax and VAT. It was inevitable then, that everything else was fair game and the end result did [...]
Whilst this topic has been heavily documented over the past few years, it’s still something we are asked regularly. So here’s a quick recap of the different ways of purchasing an electric vehicle through your company. Furthermore, as there is a wider choice of used EVs on the market we also look at the tax implications of new vs [...]
Marketing professionals looking for a new challenge often turn to running their own business. It gives you the freedom and flexibility to take ownership of your career path, and the possibility to earn a better wage than in an employed role. If you’re thinking about starting an agency, you probably relish the additional variety that business ownership brings to [...]
Corporation tax rates have changed. You may have noticed recent budgets vacillating on whether or not to raise corporation tax, but now it’s settled - the rises are in place so here's a reminder of what's what. Who pays and how much? Companies recording profits in excess of £250,000 will now be subject to corporation tax at a flat [...]
Check out our list of dates for your diary this month. If you need help or support meeting these filing or payment deadlines, we’re here to help.
The Spring 2023 budget announcement was a “budget for growth”. Whilst there was a lot of talk around investing in industry and people, I didn’t feel that there was much direct change for SME owner-managed businesses, but that’s not to say the measures won’t have a positive future impact. Most notably, it was announced that some working parents will [...]
