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Welcome to our latest monthly Business News. We hope you enjoy reading this newsletter and find it useful. Please contact us if you wish to discuss any issues further. November 2024 Autumn 2024 Budget speech: History in the making? Good news for workers, but not so much for businesses On October 30 2024, Rachel Reeves…Read More
Chancellor Rachel Reeves’ first budget aims to stabilize the economy with new debt rules and tax hikes, including higher Capital Gains Tax and Stamp Duty Land Tax rates. The Renters Rights Bill 2024 introduces major tenant protections, ending ‘no fault’ evictions and capping rent increases, to create a fairer rental market.
This was a budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of tax rises.
Welcome to the October edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. POSSIBLE CAPITAL GAINS TAX CHANGES IN THE OCTOBER BUDGET Many commentators are suggesting that the rate of CGT might be aligned with the rates of income tax,…Read More
Welcome to our latest monthly newswire. We hope you enjoy reading this newsletter and find it useful. Please contact us if you wish to discuss any issues further. Leaders simply can’t always be right Being an effective leader involves recognising it’s impossible to be right all the time. Constructive conflict should be embraced in business.…Read More
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Renters Rights Bill On 11 September 2024, the Renters Rights Bill was introduced in the House of Commons. This bill follows the Conservatives’ Renters Reform Bill, which did not complete its passage…Read More
Welcome to the September edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. SHOULD YOU PASS ON WEALTH NOW TO AVOID INHERITANCE TAX? Many wealthy individuals are apparently passing on substantial amounts of their wealth in anticipation of possible changes…Read More
Welcome to our latest monthly newswire. We hope you enjoy reading this and find it useful.Please contact us if you wish to discuss any issues further. Building a more sustainable business What can your business do to help create a more sustainable future?Sustainability remains a key area of focus for businesses and governments around the…Read More
Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Interest Rate Cut to 5% – impact on mortgages On 1 August, the Bank of England announced a 0.25% cut to its base rate, which now stands at 5%. The base rate…Read More
Weekly pay, where employees receive their wages every seven days, is common for businesses with part-time or hourly workers. While it offers certain advantages, it’s essential to understand both its benefits and potential challenges. Calculating Weekly Pay: Two Approaches There are two primary methods for calculating weekly pay in the UK: 1. Converting Annual Salary…Read More
Quick insights into ways to make your business a success. Empowering your team to succeed – Microsoft CoPilot – Digital lead generation – Managing a restructure
The Kings speech set out bills that the government intends to introduce to parliament during this next parliamentary session, which should last around 12 months.
As a UK employer, understanding the intricacies of holiday pay calculation is crucial for maintaining a satisfied workforce and staying compliant with employment laws. This guide will walk you through the essentials, providing practical examples and insights into recent changes that might affect your business. The Foundations of Holiday Pay In the UK, all employees…Read More
Welcome to the August edition of Tax E-News. We hope that you find this informative. Please contact us ifyou wish to discuss any matters in more detail. Jump to Diary Dates August 2024 BEWARE THE 60% INCOME TAX TRAP It has recently been reported over half a million taxpayers paid a marginal income tax rate…Read More
As the director of a small company, it’s easy to forget that you’re also considered an employee for many purposes. This dual role includes certain rights, including Statutory Sick Pay (SSP) entitlement. However, many directors need to pay more attention to this benefit, unaware of its potential advantages. Let’s delve into the world of SSP…Read More