Latest News
Key Takeaways: Spring Budget 2024
8th March 2024Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. In this article we break down the key announcements made...
Basis Period Reform: Changes to accounting periods from 2023/2024 for individuals and partnerships
21st February 2024As of 6th April 2024 business profits for sole traders, unincorporated businesses and limited liability partnerships should be calculated inline with the tax year,” rather than on the “current period basis”, thus aligning all accounting periods to the...
The Full Expensing Regime
19th January 2024The Chancellor’s announcement at the Autumn Statement on 22 November 2023 brought a pivotal development for businesses as the full expensing regime (allowing companies to claim 100% capital allowances for qualifying plant and machinery) will no longer expire...
Solicitors Accounts Regulations: What You Need to Know
11th December 2023Solicitors, as entrusted custodians of client funds, operate within a structured set of guidelines known as the Solicitors Accounts Regulations (SAR). This financial regulatory framework not only safeguards the interests of clients but also establishes a robust foundation...
Autumn Statement 2023
23rd November 2023On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were significant statements relating...