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Insights

Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.

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Alex Nicholson

Alex Nicholson

VAT and Indirect Tax Partner

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15 March 2023

  • VAT & Duty
  • Budget
Spring Budget 2023: Key announcements for VAT and Indirect Taxes

Alex Nicholson, Partner and Head of VAT & Indirect Taxes, gives an overview of the key announcements coming out of the Spring Budget 2023.

Scott McFarlane

Scott McFarlane

Employer Services Senior Manager

15 March 2023

  • Employer Services
  • Budget
Spring Budget 2023: Key items to note for employers

The Government has clearly laid out in the Budget that “Employment” is a key pillar as part of their of its long-term growth strategy.

Stephen Oates

Stephen Oates

Tax Partner and Head of Entrepreneurial Taxes

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15 March 2023

  • Corporate Tax
  • Budget
Spring Budget 2023: What it means for Entrepreneurial Taxes

The Spring Budget has arrived and the focus from the Chancellor and underlying message was one of growth. Following announcements in the Autumn Statement, the proposed changes to Company Share Option Plan (CSOP) and Seed Enterprise Investment Scheme (SEIS) will now be introduced into legislation in the Finance Bill 2023.

Mark Stewart

Mark Stewart

Edinburgh Office Head & Corporate Finance Partner

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15 March 2023

  • Energy, Infrastructure and Sustainability
  • Budget
Spring Budget 2023: the energy sector

Mark Stewart, our Head of Energy, Infrastructure and Sustainability gives an overview of the key energy measures, announced in the Spring Budget 2023, which impact our clients the most.

Aileen Scott

Aileen Scott

Tax Partner and Head of Corporate OMB

15 March 2023

  • Corporate Tax
  • Budget
Spring Budget 2023: Capital Allowance changes for businesses

One of the key changes announced today was the introduction of Full Expensing for qualifying capital expenditure. This measure is effective from 1 April 2023 to 31 March 2026 and provides a 100% deduction for unlimited capital expenditure on IT and plant & machinery. Its introduction coincides with the end of the Super Deduction which gave a 130% deduction for qualifying new capital spend.

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