2026 Spring Statement
The Chancellor held the Spring Statement on 3 March 2026. Download our full overview below to stay up to date with the latest fiscal developments.
The Chancellor held the Spring Statement on 3 March 2026. Download our full overview below to stay up to date with the latest fiscal developments.
Your essential guide to the 2025 Autumn Budget Chancellor Rachel Reeves’ Autumn Budget unveiled a series of tax changes and policy reforms set to reshape the financial landscape for business owners, including updates to capital allowances, dividends, savings and rental income, as well as adjustments to EIS, EMI and EOTs. These measures will affect profitability, … Read more
Your Essential Guide to the 2025 Spring Statement The 2025 Spring Statement, announced on Wednesday 26th March 2025, introduces a range of financial updates that could affect individuals, businesses, and investors. To help you understand the key changes, we’ve compiled a comprehensive summary covering tax updates, economic forecasts, and policy adjustments. Whether you’re a business … Read more
If you are planning to enter into an arrangement to purchase land, we can advise you of the precise impact of SDLT on the transaction so please contact us. We can also help you complete the SDLT1 and submit it to HMRC. Download our factsheet below for more information on Stamp Duty Land Tax:
The cost of purchasing capital equipment in a business is not a revenue tax deductible expense. However, tax relief is available on certain capital expenditures in the form of capital allowances. To read more – download the factsheet below:
VAT registered businesses act as unpaid tax collectors and are required to account both promptly and accurately for all the tax revenue collected by them. To read more – download the factsheet below:
It is quite possible within the VAT system for a business to be in the position of having to pay over VAT to HMRC while not having received payment from their customer. To read more – download the factsheet below:
Cash accounting enables a business to account for and pay VAT on the basis of cash received and paid rather than on the basis of invoices issued and received. To read more – download the factsheet below:
This factsheet focuses on VAT matters of relevance to the smaller business. A primary aim is to highlight common risk areas as a better understanding can contribute to a reduction of errors and help to minimise penalties. Another key ingredient in achieving that aim is good record keeping, otherwise, there is an increased risk that … Read more
HMRC have introduced a number of VAT schemes over the years designed to reduce the administrative burden on small businesses. One such scheme is the annual accounting scheme. To read more – download the factsheet below: