From 1 January 2022, businesses that permanently move goods to Great Britain from other EU countries will need to be aware that full customs controls are being introduced.
Rising inflation continues to represent a challenge to savers, who must at the very least aim to beat it to prevent their money from losing value in real terms. So how can cash savers bridge the gap?
The Bank of England base rate has risen to 0.25% after being held at a record low since the start of the pandemic. But what does this mean for you and your business?
Despite widespread speculation on likely changes to Capital Gains Tax (CGT) and Inheritance Tax (IHT) the Chancellor refrained from any reform of these taxes in 2021. What does this mean for farm businesses?
Tax payers have paid £600m more in Inheritance Tax (IHT) than a year ago. The latest figures from HMRC show that between April and October this year, IHT receipts totalled £3.6bn compared with £3bn in the same period in 2020 – a rise of 20%.
So does this indicate that many families are not aware until it is too late?
In common with other sectors, the legal profession has had an ‘interesting’ time in the past 18 months and there is likely to be a great deal of flux still to come. It is with this in mind that we have recognised that a quarterly legal sector ‘pulse’ survey would help law firms with their strategic planning.
Earlier this year, DEFRA announced it was planning to introduce a lump sum retirement scheme for farmers in England, which was due to open for applications next spring. More detail on the scheme rules was to be published by Autumn 2021 but we are still waiting for anything further causing frustration for those considering retirement.