Many business owners rely on annual accounts to assess their performance, but by the time you get those figures, it’s too late to make proactive changes. Management accounts bridge that gap, offering you regular insights to stay in control of your finances and future. What Are Management Accounts? Management accounts are a set of financial […]
Budget 2024 – Key takeaways
Capital Gains Tax (CGT) Inheritance Tax (IHT) National Minimum Wage (NMW) Employers National Insurance Stamp Duty Land Tax (SDLT) Private School Fees Tax Administration Business Taxes in general Corporate Tax Roadmap – The government has published a Corporate Tax Roadmap. The roadmap includes a commitment to cap the Corporation Tax Rate at 25%; maintain the […]
Did the Chancellor make you rethink your future?
With the news that the Government has increased Capital Gains Tax and changed the rate of Business Asset Disposal Reliefs from 6th April 2025, we expect to be having more conversations with clients who are considering a swift sale of their company. Chris Bond discusses what the best strategy is likely to be, for any business […]
Could this be the best few months to buy a business?
With the news that the Government has increased Capital Gains Tax from today and will reduce the benefit of Business Asset Disposals Relief from 6th April 2025, many business owners will be considering a swift sale of their company before the end of March 2025. Chris Bond discusses why companies should include acquisition as part […]
Claiming expenses for charging your car at home
HMRC has made a change to its policy that affects employers who reimburse employees for the electricity used to charge their company vehicles at home.
Breaking compromises
When you think of a compromise, you probably think of an agreement that’s reached by both sides giving ground so that the new status quo is acceptable to both.