by James Fairhurst | Nov 13, 2024 | Monthly Newsletter, SME Tax update
On 30 October 2024, Chancellor Rachel Reeves delivered the Autumn Budget, introducing significant changes that will impact businesses and individuals alike. As your trusted accountancy practice, we have analysed the key aspects of this budget to provide you with a...
by James Fairhurst | Aug 15, 2023 | Resources
Corporation tax set to increase In the 2023 Spring Statement, the government announced there would be some changes that would affect some limited companies. The Corporation Tax rate will change to 19-25% for the 2023/24 tax year, but only under specific circumstances....
by James Fairhurst | Aug 4, 2022 | Resources
Looking for some help with payroll? Perhaps you will soon be hiring your first employee? There are a few things you will need to consider if this is the case…. Producing payslips, deducting tax, factoring in holiday pay, autoenrollment for pensions, and ensuring you...
by James Fairhurst | May 16, 2022 | SME Tax update, Top tips
Having a good accountant can pay dividends. But with all the new rules and regulations being put in place, is your accountant keeping up? Since 1st April 2021, companies investing in qualifying new plant and machinery assets have been able to claim a “Super-deduction”...
by James Fairhurst | Nov 4, 2021 | Resources, Top tips
Thinking of getting a new vehicle? Can’t decide whether you should buy outright or lease? And what about claiming VAT back, are certain vehicles better than others? Are there other tax implications to consider? Believe it or not, the tax consequences of obtaining a...
