Category: Business News
Capital Gains Tax is increasing – What does this mean for you?
Posted on November 11, 2024 Posted in - Business News, Latest NewsCapital Gains Tax (CGT) was a significant target for the Chancellor in the Autumn Budget – with an immediate rise put in place for both the basic and higher rate of CGT. The
Employers squeezed as wages and National Insurance rise
Posted on November 11, 2024 Posted in - Business News, Latest NewsIn Chancellor Rachel Reeves’ 2024 Autumn Budget, she announced over £40 billion of tax increases, as the Government attempts to fill a £22 billion gap in public finances. The headline measure was a
Bad debts on the rise – Time to crack down
Posted on November 11, 2024 Posted in - Business News, Latest NewsAs we approach the end of the year, one trend has become increasingly concerning for UK businesses – debts are on the rise. According to a recent report, small to medium-sized enterprises (SMEs)
The value of technology – Why you should not rule out investment
Posted on November 11, 2024 Posted in - Business News, Latest NewsRecent research by Three Business indicates that tech-enabled SMEs could add an impressive £79 billion to the UK economy over the next year. Technology is clearly a key driver and enabler of growth
Autumn Budget delivers Inheritance Tax blow to pension savers
Posted on November 11, 2024 Posted in - Business News, Latest NewsIn this year’s Autumn Budget, Chancellor Rachel Reeves announced that the majority of unspent pension funds will form part of an estate from April 2027 This move is expected to affect around eight
Businesses left to pick up the tab for Employment Rights Bill
Posted on November 11, 2024 Posted in - Business News, Latest NewsThe Government estimates that new obligations placed on employers under the Employment Rights Bill could result in substantial compliance costs – totalling around £5 billion. The Bill will introduce a ban on many
Landmark Labour Budget squeezes SMEs despite ‘balance and stability’ message, warns Lamont Pridmore
Posted on October 30, 2024 Posted in - Blog, Business News, Press Releases, SMEsCumbria-based accountancy firm, Lamont Pridmore, has warned that sweeping fiscal changes announced by Chancellor Rachel Reeves will hit SMEs and business owners hard as the Government seeks to plug a ‘£22 billion black
Autumn Budget 2024
Posted on October 30, 2024 Posted in - Business NewsA new Government, a new Chancellor and a new approach to the UK’s fiscal policies. Rachel Reeves entered her first Budget with a strong message that her measures would lead to “an economy
Is your business getting the support it needs?
Posted on October 28, 2024 Posted in - Business NewsAs we move towards the end of the calendar year business owners may be prompted to review their finances – and it’s also the perfect opportunity to assess whether your business could benefit

