Edwards Accountants 
Since early 2021, the cost of living has been rising in the UK and continues to do so, with the Bank of England predicting that inflation will reach 11% later this year. Below, we have outlined the potential impact of inflation on businesses, and how the “cost of living” crisis – from rising energy bills … Read more
We recently worked with George Green LLP to advise the management team of Steelstrip Services Ltd t/a Servosteel on their successful MBO, with financing provided by HSBC Bank UK Plc. Learn more about how we supported our client: https://www.uknewsgroup.co.uk/edwards-chartered-accountants-george-green-llp-and-hsbc-advise-management-team-of-servosteel-on-successful-mbo/ How can Edwards Accountants help? Are you looking for advice on management buyouts, or even … Read more
Since 1st April, Making Tax Digital (MTD) has been mandatory for VAT-registered businesses in the UK. Making Tax Digital (MTD) for VAT is an initiative designed by HMRC to digitalise the tax regime and simplify how companies and individuals manage their tax affairs – from saving businesses time in processing to removing avoidable mistakes that … Read more
Yesterday, Chancellor Rishi Sunak delivered the Spring Statement, where he outlined plans to deliver the biggest net cut to personal taxes in over a quarter of a century, whilst supporting economy growth, businesses, and working families across the UK. In this article, our experienced tax advisors highlight exactly what the statement means for you. … Read more
Since the pandemic, particularly over the past few months, interest rates have been on the rise, with rising prices affecting the UK nation, from bills to more expensive grocery products. Banks expect the rate of inflation will reach over 7% during the second quarter of this year, but by increasing the interest rates, inflation should … Read more
With the new tax year fast approaching, it’s the perfect time to make sure you’ve taken advantage of the tax allowances and tax planning opportunities available to you. Although we would recommend utilising these tax opportunities over the year, it’s not too late to benefit from them before the new tax year begins on 6th … Read more
Research & Development Relief (R&D) refers to the activity a company undertakes to develop new products, processes, or services or improve those that already exist. In 2000, the government introduced the scheme, which allows businesses to claim back up to 33 pence per every £1 spent on implementing new innovative activities within their business. The … Read more
