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By Graham Poles

6th April 2024

Tax changes for the 2024/2025 tax year

A string of changes for businesses and individuals are now in force and it is vital to consider how they will impact you and your business when it comes to your financial planning for the new fiscal year.

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By Brian Rudkin

3rd April 2024

Reminder to employers to report benefits in kind to HMRC

All businesses, regardless of size, are required to report taxable benefits in kind and certain expenses provided to employees and directors. This is done annually through a P11D form submitted to HMRC.

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By David Threlkeld

28th March 2024

Impact of Spring Budget announcements for farmers

The 2024 Spring Budget introduced some changes that will significantly impact farm businesses, especially those that have ventured into the realm of furnished holiday lets.

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By Keith Johnston

6th March 2024

Spring Budget 2024: Mixed views for property owners

There were mixed views for property owners in the Spring Budget with a tax cut for those selling residential property, while those operating furnished holiday lets and property investors are facing increases in tax.  

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By Graham Poles

6th March 2024

Spring Budget 2024: What does it mean for individuals

The Chancellor indicated that the two-tier tax system for employees, with both National Insurance Contributions (NIC) and income taxes affecting the take home pay for 28 million workers across the country, was not something he felt was fair, as other forms of income are taxed to just income tax.

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By Becky Bowness

6th March 2024

Spring Budget 2024: Overview of announcements

Jeremy Hunt’s Spring Budget didn’t deliver a huge amount of technical content. Unsurprisingly, given an impending election, there was a lot of political bluster and not a great deal of substance, particularly for businesses.

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By James Fraser

6th March 2024

Spring Budget 2024: What does this mean for companies?

The Chancellor continued his support for the arts by permanently setting the rates at which losses can be surrendered in respect of expenditure qualifying for Theatre Tax Relief, Orchestra Tax Relief and Museums and Galleries Exhibitions Tax Relief at 40% for non-touring productions and 45% for touring productions and all orchestra productions. 

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By Becky Bowness

29th February 2024

Spring Budget 2024: Will the Chancellor cut taxes?

With the Spring Budget 2024 just around the corner, there is much speculation about the tax changes and announcements that may be on the horizon. A general election is looming, and the Chancellor’s speech on Wednesday, March 6, is likely to be the last fiscal event before voters head to the polls.

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By Dan Cozens

29th February 2024

Tax relief on farm vehicles for farming partnerships and sole traders

Following the Government’s recent U-turn on the tax treatment of Double Cab Pick Ups (DCPU), it’s worth reminding ourselves of the tax relief available on vehicles in a farming business.

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By Helen Robinson

30th January 2024

Pre-year-end planning for limited companies

As your company year-end approaches there are some considerations you should make and this will depend on what you are aiming to achieve.

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