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By Adam Pattison

9th February 2023

Companies House reform will lead to significant changes for businesses

Companies could soon see changes to the way they file their accounts as part of incoming legislation to help tackle money laundering and other illicit activity.

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By Keith Johnston

9th February 2023

Basis Period Reform – what does it mean for my farm business

Farm businesses could face higher tax bills in 2025 as a result of changes being introduced by HMRC.

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By Helen Robinson

2nd February 2023

Energy Bills Discount Scheme provides further support for businesses

A new scheme to help businesses with their energy bills is set to be introduced.

On 9 January 2023, the Government confirmed the Energy Bills Discount Scheme (EBDS) will come into force from 1 April 2023 and will run through to 31 March 2024.

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By David Threlkeld

25th January 2023

Do I still have the correct structure for my business?

In light of recent tax changes, it might be worth considering whether a partnership or company is the most suitable way to operate your farm business.

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By Morag Miller

7th December 2022

New penalties for late VAT returns and payments

In the new year businesses and individuals who submit VAT returns late or miss their payment deadlines could be fined £200.

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By Armstrong Watson

22nd November 2022

Who is a Person with Significant Control (PSC) and what are their responsibilities?

Companies House has recently been writing to clients where they suspect that the PSC (Person with Significant Control) register is incorrect or has not been updated following changes in shareholders or ownership, as identified on the Companies confirmation statements.

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By Armstrong Watson

18th November 2022

Income Tax Basis Period Reforms

The Government announced a major reform to the way in which a business owner’s trading profits are allocated against the relevant tax year for income tax purposes – otherwise known as their ‘basis period.’

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By Armstrong Watson

17th November 2022

Autumn Statement 2022 - lacks incentives for business owners

Having recently written an article of the now infamous “mini budget” in which I talked about it being very much a budget favouring business, this Autumn Statement has, in stark contrast, reverted to one of increased costs and taxes for business.

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salary-sacrifice-benefits

By Helen Robinson

14th November 2022

Salary Sacrifice – Help employees make the most of take-home pay

With the ever-rising cost of living, how can employers help employees make the most of their net pay? A salary sacrifice scheme can do just that.

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mini-budget spelt using wooden blocks

By Armstrong Watson

28th September 2022

How will the Mini-budget 2022 measures affect your business?

The recent mini-budget was planned to be a “Budget for growth”, an opportunity for the new Prime Minister to launch the start of her premiership.  The Initial reaction from the markets has not been good, but how could the measures announced help businesses achieve their goals of growth?

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