Posts in: Business finance
News & Insights.
When Should You Incorporate Your Business?
As a sole trader or partnership, you may be wondering if now is the right time to incorporate your business…
The Shift Towards Experiential Spending: A New Consumer Trend
In recent years, there has been a noticeable shift in consumer behaviour, with more people opting to invest in experiences…
Key Provisions in a Company Will: Ensuring Business Continuity and Asset Distribution
What is a company will? A company will, also known as a business will, is a legal document that outlines…
Spring Budget 2023 – The key points relevant to you and your business
Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance…
130% Super deduction ends soon
Companies considering the acquisition of new plant and machinery need to be aware that the temporary ‘super-deduction’ of up to…
4% interest rates rise, but a predicted shallower recession
The Bank of England has raised borrowing costs for the tenth time in a row, but predicts that the anticipated…
Ministers to review late payments to small businesses
The business secretary Grant Schnapps has announced a government review into tackling late payments for small businesses, while also urging…
Beavis Morgan appoints Jonathan Cresswell as Director of Finance
Accountancy, tax, restructuring, wealth management and advisory firm, Beavis Morgan, is delighted to announce the appointment of Jonathan Cresswell as…
New year resolutions to save tax
PENSION PLANNING For most taxpayers the maximum pension contribution is £40,000 each tax year, although this depends on their earnings.…
Tax return errors and pitfalls
Recent data shows that some 100,000 people were penalised by HMRC last year for submitting inaccurate tax returns. As well…
Self-Assessment: don’t forget to declare COVID-19 payments
HMRC is reminding taxpayers that they must declare COVID-19 payments in their tax return for the 2021 to 2022 tax year.…
HMRC reduces advisory fuel rate for petrol company cars
HMRC has announced their suggested reimbursement rates for employees’ private mileage using their company car from 1 December 2022, which…
