The new Chancellor of the Exchequer, Rachel Reeves, has delivered the Labour government’s first budget since being elected earlier this year. Unveiling her plans, the Chancellor spoke of the need to “restore stability” to the economy and “deliver change” with an “economy that is growing”.
We have picked out some of the key announcements that may be of interest.
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Many of our corporate clients have either just passed, or are approaching, another financial year end. And – for some –that means a period of much more intensive work than usual, particularly if they have a small finance team or have multiple compliance obligations because of a more complicated group structure. This is where we come in.
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Ordering a coffee used to be a simple process, with the choices limited: “Would you like milk and sugar?” Now, visiting a coffee shop presents an array of options – caffeinated, decaffeinated, americano, latte, cappuccino, espresso, soy milk, oat milk, syrup? Many people know what they want when they get to the counter, but if you aren’t sure, then too many alternatives can lead to almost paralysing indecision, and leave you mumbling, “I’ll have a cup of tea please.”
One of the most common questions we are asked is ‘what is the best way to start trading?’ and whether this should this be through a company, as a sole trader, or a partnership.
Grab yourself a coffee and have a read of our blog where we lay out the similarities and differences between the options.
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Following Labour's victory in the general election, we take a look at some of the main pledges from the manifesto and Chancellor's speech which impact tax and business.
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In what’s widely regarded as the biggest shake up in its history, new powers for Companies House are in store with the introduction of the Economic Crime and Corporate Transparency Act 2023.
Some powers have begun to come into force, and there are more to come.
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Starting your own business can be an exciting – but daunting – time. One of the first and most important decisions to make is how you are going to structure your business. The reason this decision is so important is that it has a variety of consequences – not only related to tax, but also from a legal and administrative perspective, and how your business will be perceived.
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Starting your own business can be an exciting – but daunting – time. One of the first and most important decisions to make is how are you going to structure your business? The reason this decision is so important is that it has a variety of consequences – not only related to tax, but also from a legal and administrative perspective, and how your business will be perceived.
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Starting your own business can be an exciting – but daunting – time. One of the first and most important decisions to make is how are you going to structure your business? The reason this decision is so important is that it has a variety of consequences – not only related to tax, but also from a legal and administrative perspective, and how your business will be perceived.
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Starting your own business can be an exciting – but daunting – time. One of the first and most important decisions to make is how are you going to structure your business? The reason this decision is so important is that it has a variety of consequences – not only related to tax, but also from a legal and administrative perspective, and how your business will be perceived.
Continue ReadingMel Hackney sets out some of the things to consider when deciding how to structure your new business.
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