The Chancellor’s Autumn Budget has been much anticipated. Against a challenging economic landscape and increased cost of living – businesses and individuals alike were concerned what this budget may bring. But that’s perhaps where the common ground ends. Before the...
Landlords, corporations – any entity who owns property will be aware of the ‘mixed bag’ of changes that have taken effect this year, affecting the returns on your property assets. Since the Spring Budget in March, there have been a series of changes to taxes...
In the UK, company size thresholds dictate various statutory requirements, such as financial reporting and audit obligations. These thresholds have remained unchanged since January 2016. It was proposed in March that these thresholds be reviewed as part of the...
R&D tax reliefs – known to many as very generous tax breaks given to companies that undertake qualifying research and development activities. For businesses, it’s a welcome benefit for undertaking the complex (and often costly) R&D work. Now, HMRC has...
In previous articles, we’ve looked at many of the reliefs available to mitigate inheritance tax. In this issue we provide a little more detail around the residential nil rate band (RNRB), the rules and restrictions, and how this relief works (and most importantly how...
If you’re an incorporated business or partnership, you’ll likely have heard the news about Companies House implementing a fee change, with effect from 1st May 2024. The changes relate to a wide array of fees payable, including those associated with your annual filing...