Despite Brexit uncertainty, the outlook is bright for the UK tech sector. The Tech Nation Report 2018has found that the sector is growing 2.6 times faster than the overall economy and London was ranked as the second most connected place in the world for tech businesses behind Silicon Valley. I’m sure many will agree that these are exciting times for digi and tech start-ups throughout the UK.
Annual Investment Allowance ('AIA') has been temporarily increased from £200,000 to £1m per annum for a two year period between 1 January 2019 and 31 December 2020.
The Budget on 29th October did not have much of interest for farmers. However, there were a number of changes relating to the amount of tax relief available on capital expenditure.
How will the Budget 2018 impact manufacturing businesses? Here I look at Annual Investment Allowance, Structures and Buildings Allowance, Research and Development (R&D) Tax Relief and National Minimum Wage
Making Tax Digital (MTD) comes into effect on 1st April 2019 and will see an end to 'shoe box' accounting. A cloud accounting package can help ensure you are compliant.