Latest Business News
Four new investment zones unveiled and how they could help your business
During the 2023 Autumn Statement, Chancellor Jeremy Hunt made a significant announcement about investment zones that could impact numerous businesses across the UK. The four new investment zones in Greater Manchester, West Midlands, East Midlands (England), and Wrexham and Flintshire
An essential financial opportunity maximising your State Pension
In retirement planning, you may encounter a multitude of options and strategies to increase your pot, but some have a catch. However, some prospects are more valuable, and one such opportunity is currently presenting itself to individuals aged 40 to
The future of payments – Cards, cashless and beyond
Alongside measures designed to support growing businesses and workers, the Chancellor’s 2023 Autumn Statement saw the publication of the Future of Payments Review. Chaired by former HSBC Chief Executive, Joe Garner, the review comes as many retailers are struggling with
Making Tax Digital for Income Tax – Government kills off confusing year-end statement
Designed to reduce the tax gap and simplify tax management for individuals and businesses, the Government’s Tax Administration Strategy is set to introduce Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) by 6 April 2026. It will allow those
R&D tax relief schemes to merge in 2024 – What it means for future claims
Chancellor Jeremy Hunt has announced a number of reforms to policies concerning businesses and innovation, in a bid to enhance growth in the economy. A significant measure concerns various tax relief schemes for businesses in the Research and Development (R&D)
Autumn Statement 2023
With a General Election looming on the horizon, Jeremy Hunt rose to deliver his second Autumn Statement as Chancellor in the knowledge that his latest measures could have a substantial impact, not only on the future economic success of theYour quick guide to paying tax on your pensions
Making sure you’re paying the right amount of tax can be taxing! If you receive a State Pension or other type of pension, then you may still need to pay tax on it. Without the pay-as-you-earn (PAYE) structure of the
Funded and thriving: Understanding financing
Financial initiatives to support business growth are continually being announced by the Government, local authorities, individuals and private-sector companies. Funding from private companies often aims to nurture specific industries, particularly high-growth sectors like technology, sustainable manufacturing and healthcare. They might
Exiting the slow lane – Sustaining growth in uncertain times
Recent years have held a lot of uncertainty for small and medium-sized enterprises (SMEs) and independent businesses. While there are signs of recovery, SMEs have seen slow growth in recent months. However, with employment increasing at a faster pace than
How to deal with the rising impact of Inheritance Tax on family homes
Inheritance tax (IHT) can be a sore subject for some taxpayers, especially when it comes to passing on the family home to the next generation. Often referred to as a “death tax” it cannot be ignored if you intend to