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By Scott McIver

6th December 2024

Scottish Budget: Income tax band increases

Among the SNP’s Scottish Budget proposals for the coming tax year, Finance Secretary Shona Robison announced increases to the income tax starter rate and basic rate thresholds, however these small tax savings do very little to ease the pain of fiscal drag for many.

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By Karen Thomson

2nd December 2024

How much will your salary bill increase from April 2025? Download our free Forecasting Tool

Changes announced in the 2024 Autumn Budget will significantly impact employer wage bills from April 2025.

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By Matthew Hutton

27th November 2024

Preparing for April 2025 in the hospitality sector

Following the Chancellor’s recent budget, businesses in the hospitality sector will need to prepare as best they possibly can for the changes announced, many of which come into effect from April 2025.

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By David Jones

20th November 2024

How can businesses budget for increased NMW and National Insurance costs?

Changes announced in the Autumn Budget present a number of challenges to business owners, ones which cannot be ignored and require some careful consideration and planning.

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By Helen Robinson

19th November 2024

Staff Christmas party and employee Christmas gifts

It’s the season to celebrate and give to those we value. From a business perspective, what are the best ways to reward staff at this time of year?

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By Russell Thwaites

15th November 2024

Double U-turn on Double Cab Pick Ups

Slipped into the main Autumn Budget document was the announcement that Double Cab Pick-ups (DCPU) will be treated a cars from 6 April 2025.

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By Jonathan York

13th November 2024

Options to explore for farm businesses following Autumn Budget

While the Autumn Budget 2024 will have come as a seismic shock to many farming businesses, it’s important to take the time to properly digest the announcements, take the appropriate advice, and consider the alternatives.

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By David Jones

13th November 2024

6 tips to tackle rising costs in your family business

Even with the inflationary economic climate calming down, base interest rates remain relatively high and many businesses are experiencing rising costs. Cue the Budget 2024 and further costs pressures are set to come in 2025.

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By Dan Cozens

5th November 2024

Capital Gains Tax and Inheritance Tax on agricultural land and farms

Selling or transferring agricultural land and farms can have significant tax implications, particularly concerning Capital Gains Tax (CGT) and Inheritance Tax (IHT). Given the changes announced in the Autumn Budget 2024, it is important to consider the current rates and the implication of future increases.

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By Keith Johnston

2nd November 2024

Furnished holiday letting tax incentives to end in 2025

Holiday let owners are set to lose favourable tax reliefs from April 2025 meaning all property income (FHLs and residential properties) will be treated the same.

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