Articles
How the Budget may shape the future of SME owners’ finances
The Autumn Budget brought substantial changes for small and medium-sized enterprises (SMEs). These changes included higher employer National Insurance (NI) costs, increased Capital Gains Tax (CGT) rates, and tighter Inheritance...
Autumn Budget Summary 2024
A new Government, a new Chancellor and a new approach to the UK’s fiscal policies. Rachel Reeves entered her first Budget with a strong message that her measures would lead...
Why regular financial forecasting is crucial for your business
Financial forecasting is an essential part of managing a business. Whether you’re looking to grow, adapt to seasonal fluctuations, or prepare for future challenges, regular forecasting provides the insights needed...
How to scale your business with our strategic planning tips
Many business owners aspire to expand, but scaling up brings its own financial challenges. That’s because growth requires thoughtful planning to avoid putting unnecessary strain on your resources. If you...
What you need to know about MTD for ITSA and when you will need to report
If you are self-employed or a landlord, you have probably heard of Making Tax Digital (MTD). The upcoming MTD changes to Income Tax Self Assessment (ITSA) will affect how and...
How might the Budget affect inflation?
As 30 October draws nearer, much of the attention has centred around potential changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT). Yet, inflation, that ever-present force shaping our...
How might the Budget impact tax reliefs for SMEs and farms?
The upcoming Budget has everyone talking, and with good reason. There is a strong sense that changes are coming, and they might not be the kind of changes businesses and...
Deadline to fill gaps in your National Insurance records approaching
The clock is ticking on your chance to top up your National Insurance (NI) contributions and potentially increase your state pension. With the final deadline approaching, there is limited time...
How to avoid Lifetime ISA penalties and keep your savings intact
Lifetime ISAs (LISAs) are a fantastic tool for saving towards your first home or retirement, offering a 25 per cent Government bonus on contributions. However, withdrawing funds for anything other...
Is a management buyout the right business exit strategy for you?
With talk of Capital Gains Tax (CGT) increases in this month’s Budget, it may be advantageous for many business owners considering a sale to do so before any changes come...
