We’ve written previously on the topic of Capital Allowances, touching upon the claims you can make for commercial property. Knowing that this is of interest to many of our clients, we again welcomed the opportunity to speak to Giordano Goggioli, Senior Associate for...
 It’s been a busy period in the world of HMRC and tax, with a number of notable changes and updates that affect sole-traders, incorporated businesses, and partnerships alike, we thought it was about time we summarised all the recent changes, and how they’ll affect...
Inheritance tax has been the source of controversy over the past few years. Regularly intruding into fiscal or political debates, these have often caused much heat but little light. In this article, we seek to place this tax into context and describe how it works. The...
August 2023 brought us the 14th consecutive rise in interest rate, as decided by the Bank of England. Sitting at a lofty 5.25%, the increase in the rate is just one contributing factor to a challenging economic landscape, for both businesses and individuals. Combine...
Chancellor, Jeremy Hunt, made his Spring Statement in the House of Commons this week. Setting out the government’s tax and spending plans for the year ahead, the Chancellor delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast...
The key HMRC reform, which only affects unincorporated businesses, such as partnerships and sole traders, involves moving the calculation of business profits from the ‘current year’ basis to a ‘tax year’ basis. HMRC’s measure was originally put forward as a means of...
