What does Labour election victory mean for your financial plans? There may be potential changes to tax and allowances but a good financial plan will be well-placed to adapt.
With a challenging economic backdrop of ever-increasing business costs, higher interest rates, constraints in attracting and retaining talent, supply chain challenges, fluctuating exchange rates and cash flow concerns, many businesses are understandably concerned about the impact this will have on their ability to grow and innovate.
It can be easy to overlook tax opportunities that can save you money, but here are four little-known tax rules/reliefs that you may be able to take advantage of.
It has been said many times that planning ahead is necessary to prevent unwanted tax liabilities arising, and this is especially true when it comes to gifting land, particularly if there is a change of use.
The majority of family and owner-managed businesses are concerned about inflationary pressures on costs over the next 12 months, according to the latest survey by Armstrong Watson. How will businesses look to nagivate cashflow and fund their growth?
Holiday let owners braced for increased tax bills now face a period of uncertainty about when - and if – the favourable Furnished Holiday Letting regime will be axed.
Changes to simplify holiday entitlement and holiday pay calculations have been introduced to protect part-year workers, and those working irregular hours or on zero-hours contracts. This is particularly relevant to those in hospitality leisure and tourism, agriculture and the charity sector.