Fiscal Statement
Posted on September 23, 2022 Posted in - Business News
With a new King at the Palace and a new Prime Minister at Number 10, it was no surprise that the new Chancellor at Number 11 used his first statement to the House
Category: Business News
What do you need to know about the Energy Bill Relief Scheme?
Posted on September 21, 2022 Posted in - Blog, Business, Business Blog, Business News
The Government has outlined a new Energy Bill Relief Scheme to support households, businesses and public sector organisations tackling soaring energy bills.
Cumbria Tourism Survey
Posted on September 1, 2022 Posted in - Business, Business News
How is Cumbria’s tourism industry performing? Take part in Cumbria Tourism’s latest Business Tracker survey, sponsored by Lamont Pridmore, to share your thoughts on the industry. This is a great opportunity to highlight
Received a letter from HMRC? Following these tips will help you avoid the latest scam
Posted on August 15, 2022 Posted in - Business News
A report released by UK Finance revealed that there has been over £1.3 billion stolen by fraudsters in 2021. This problem continues to blight individuals and businesses with scammers becoming increasingly savvy at
Are you prepared for changes to the income tax basis?
Posted on July 6, 2022 Posted in - Business News
Unincorporated businesses, including sole traders, the self-employed and trading partnerships, will be taxed on profits generated in the 12 months to 5 April each year from 2024/25. This is a significant change to
Survey shows taxpayers are still unprepared for Making Tax Digital switchover
Posted on July 6, 2022 Posted in - Business News
A new survey on Making Tax Digital (MTD) shows taxpayers have an alarming lack of readiness and enthusiasm for the changeover and a lack of awareness that MTD for Income Tax begins in
The benefits of taking on an apprentice
Posted on July 6, 2022 Posted in - Business News
With the current labour shortage affecting pretty much all areas of the economy, taking on an apprentice could reap rewards for many businesses. There are many reasons why hiring an apprentice can benefit
How to minimise Inheritance Tax bills as house prices surge
Posted on July 6, 2022 Posted in - Business News
More and more people are being drawn into paying Inheritance Tax (IHT), as the price of property soars. This is because former Chancellor Rishi Sunak froze the nil rate thresholds for paying the
‘Umbrella’ contracts firm loses £11m tribunal case against HMRC
Posted on July 6, 2022 Posted in - Business News
A company has lost an £11 million dispute with the taxman over whether contract construction workers were entitled to claim travel costs tax-free. As many as 600,000 temporary workers in the UK are
Britons lose millions in penalty charges as they cash in LISAs
Posted on July 6, 2022 Posted in - Business News
Thousands of Britons facing a cost-of-living crunch have been withdrawing funds from their Lifetime ISA (LISA) accounts and getting hit with significant penalty charges. According to HM Revenue & Customs (HMRC), a record