Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
29 June 2022
Are you aware of the tax implications of diversifying your farming business?In recent years, many farmers have considered diversification to improve the viability of their farming businesses. However, some may be unaware that moving away from their traditional farming activity could potentially jeopardise valuable tax advantages that are uniquely available to farming businesses.
05 April 2022
How changing land use could affect your tax positionIn the rural sector, the need to combat climate change has given rise to the potential for land owners and managers to receive income from new sources such as payments for carbon capture. This is potentially good news, but there could be some concerns from a tax perspective.
24 March 2022
Rishi Sunak’s Spring Statement seeks to balance the books against a turbulent backdropThe Spring Statement 2022 was delivered against the backdrop of an escalating cost of living crisis prompted by soaring inflation rates, a surge in energy costs, and disruption to supply chains following Brexit and the pandemic. With households and businesses alike feeling the squeeze, the pressure was on Chancellor Rishi Sunak to balance the books whilst supporting those in need.
23 March 2022
Spring Statement 2022: Corporation TaxThe Spring Statement was anticipated to be light on changes to Corporation Tax and in this regard the Chancellor delivered.
23 March 2022
Spring Statement 2022: Construction and Property IncentivesThere was nothing to get too excited about in the Spring statement, however, there was mention of some positive changes being considered for Capital Allowances, which will be developed further prior to the Autumn Budget in time to replace the super-deduction which runs through to April 2023.
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