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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 Brian Rudkin

20th November 2024

Could salary sacrifice be the answer to increased staff costs for employers?

One area that was not covered in the Budget was salary sacrifice. This remains a viable solution to employers in shaping the remuneration packages for staff in a way that helps to minimise National Insurance costs for the business, and in many cases, reduces the tax and/or National Insurance deductions suffered by employees on their pay and benefits.

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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 David Threlkeld

13th November 2024

Inheritance tax planning for farmers following Autumn Budget

Significant changes to Inheritance Tax (IHT) were announced in the Autumn Budget, however there are steps that can be taken in most cases to reduce or eliminate increased IHT liabilities.

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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 Steve Williams

8th November 2024

No budget cheer for the not-for-profit sector

The impact of the Autumn Budget on the not-for-profit sector was mixed at best. While there were announcements of public sector funding increases in specific areas, such as social care, children’s services, and SEND, these increases are broad and won’t be available to ‘bank’ for many in the third sector just yet.

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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 Justin Rourke

5th November 2024

Don’t panic! Unpacking the 2024 Autumn Budget

There are two clear headlines for financial planners and our clients from the Autumn Budget - unused pensions are to become subject to Inheritance Tax, while Capital Gains Tax rates have increased and the ISA allowance was ignored. 

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By Matthew Hutton

30th October 2024

Autumn Budget 2024: Impact on hospitality, leisure and tourism

The hospitality, retail and leisure sector has had a turbulent few years with increased costs and the post Covid boom cooling significantly in the past year; businesses would have been hoping from some good news from the Chancellor. 

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