News

Latest news releases and FAQs

News and useful information on tax and business issues.
News

Autumn Statement Update For Scottish Businesses

On 17 November 2022, the government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The government sought a balanced path to support the economy and return to growth, partially through public spending

Read More »
Mini Budget
News

Mini Budget Update For Scottish Businesses

Update 21/11/22   Please note this post has not aged well…….. The Health and Care Levy is still scrapped and the AIA £1 million limit is still permanent. However the other measures are scrapped! See our next post on the Autumn Statement. Tax Changes For Businesses In Scotland Welcome to our Mini Budget update for

Read More »
Spring-statement-2022
HMRC

Spring Statement 2022 Summary

The Chancellor of the Exchequer, Rishi Sunak, presented his Spring Statement to Parliament yesterday, Wednesday 23 March 2022, and we provide a summary below. We will post more detailed analyses of the changes businesses need to make to take advantage of these changes as the details are published by HMRC. Understandably, the Chancellor opened his

Read More »
Corporation Tax
HMRC

Corporation Tax Changes 2023

Update! As of the 23rd September 2022 this update has been cancelled! Corporation Tax will remain at 19%. Background to the Corporation Tax Changes The 2021 Budgets The March and October 2021 UK budgets included a whole raft of changes to the UK corporation tax regime, some of which are already with us, and some

Read More »
cash flow
News

Cash Flow – Where Does The Money Go ?

Cash Flow Forecasting With ever-increasing supplier prices and inflation at a 30 year high, managing your business’s cash flow is an essential tool in maintaining resilience and being able to adopt flexible strategies for success. Fund flows are a reflection of all the cash that is flowing in and out of a business. Owners can

Read More »
Covi 19 Statutory Sick Pay
Covid19

Claim Back Sick Pay For Covid Absences

Covid 19 Statutory Sick Pay Rebate A reminder that our payroll team can help you reclaim statutory sick pay for employees who are off due to Covid-19. You can claim back up to 2 weeks of Statutory Sick Pay if: you have already paid your employee’s sick pay (use the Statutory Sick Pay calculator to work

Read More »