In recent reports, former Prime Minister Sir Tony Blair has forecasted potential tax increases that could have an impact on businesses across the UK.
The Tony Blair Institute’s chief economist predicts taxes may need to rise by 1.9 percentage points of GDP by the end of this Parliament to stabilise debt, potentially equating to over £50 billion.
Deepfake technology has made significant advancements thanks to the progress in artificial intelligence (AI), enabling scammers to replicate a person’s appearance and mimic their voice in mere minutes or even seconds of video footage.
Happy new tax year!
We entered the 2024/25 fiscal year on 6 April and now is the perfect opportunity to take advantage of the allowances, reliefs, and exemptions that your business can claim within the next 12 months.
We often help our clients with business planning strategies and techniques that reduce their tax liabilities and increase their profit margins.
For both limited companies and unincorporated businesses, managing Value Added Tax (VAT) can be a significant challenge, affecting a broad spectrum of business activities.
Working remotely has increased since the Covid pandemic, with 12.7 per cent of employees now working full-time from home in 2023.
HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance of correctly applying VAT on hot food.
When making the decision to become a freelancer, you have two options. You can either set up as a sole trader or start a limited company.
When it comes to creating a new brand, considering your finances is a vital part of the planning stage as you need to ensure you have the budget for all your goals.
If you run a business in a tourist hotspot, you need to get prepared for the summer.