Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
16 October 2024
Autumn UK Budget Predictions 2024 - Corporate TaxOn 30 October, the UK will see its first female Chancellor of the Exchequer, Rachel Reeves, deliver the new Labour Government’s first Budget in over 14 years. John McAuslin, Tax Partner, looks ahead to what may be potentially announced around Corporation Tax and what this means for your business.
14 October 2024
Planned introduction of Scottish Building Safety LevyOn 19 April 2024, the Scottish Government announced that it had secured powers to introduce a Scottish Building Safety Levy (“SBSL”), to assist in raising the funding required to remedy unsafe cladding.
10 September 2024
Sunset clause extended: a new dawn for EIS and VCT schemesThere has been ongoing uncertainty over the life span of Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) relief, as the date within the “sunset clause” has been approaching. As of 3 September 2024, this extension has now come into force, which should be seen as fantastic news for the EIS ecosystem. Stephen Oates, Tax Director, explains further.
27 August 2024
Employment Related Securities - Penalty NoticesAn Employment Related Security (‘ERS’) is a security (e.g. shares, share options) which is acquired as a result of an individual’s (or a connected person’s) prospective, current or previous employment or position as an office holder (company secretary or director).
30 July 2024
Autumn budget day confirmed and latest tax changes announcedOver recent months in the run up to the general election it has, in tax terms, been ‘all quiet on the Western Front’. Monday’s announcement that the UK budget will be on 30 October and the release of draft tax legislation for Finance Bill 2024-25 changed all of that and what is clear is Labour are following through on pre-election pledges.
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