Chancellor Jeremy Hunt announced the Spring Budget on 15th March 2023 (the “Budget”). Some of the measures announced by the Chancellor are summarised below: UK ECONOMY: INFLATION: The rate of inflation is expected to fall to 2.9% by the end of 2023. It...
One of the many services we offer is accounting for the Construction Industry Scheme. So What is the Construction Industry Scheme? The scheme aims to minimise tax evasion within the construction industry in the United Kingdom. The scheme covers most construction work...
VAT penalties regime has changed, read on for more information… From 1 January 2023 , new VAT late submission and payment penalties apply which replaces the default surcharge for VAT. Under the new rules , late payment and filings of VAT will be treated...
This weeks blog is about “What a CFO can bring to your business”. I am often asked this question by many clients… It is often misunderstood that a CFO’s position is often found in large corporates but actually a part time CFO can bring a huge amount...
Here is the first of my many informative blogs, it is always useful to be more tax efficient and especially in the current economic climate it’s important save costs and therefore tax where possible. So what is an business expense (Limited Company point of...
This is the first of our many bi-weekly blogs! Our blogs will cover a variety of subjects that will give you helpful tips and guidance and with the aim of helping you understand the accounting side of your business. Firstly, a little about Cloud! We are an...
