Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
18 November 2020
Welcome extension of the £1 million Annual Investment Allowances limitThe Government has announced that the planned reduction of the Annual Investment Allowance (AIA) from the temporary rate of £1 million to £200,000 on 1 January 2021 has been postponed. The temporary rate of £1 million will now be extended until 31 December 2021.
12 November 2020
An extraordinary two weeks for the world was reflected in unpredictable investment marketsThe US election has dominated headlines over the last fortnight - knocked off the top spot only by the good news that a Coronavirus vaccine may soon be on its way. The resulting impact on investment markets has been tumultuous to say the least, with fluctuations seeming set to continue for the foreseeable.
10 November 2020
A new breed of farming entrepreneursHalloween-themed pumpkin picking. Glamping holidays. Wine tasting tours. All fun ways to spend a weekend; but did you know they’re also an increasingly important part of the long-term sustainability of Scotland’s farming sector?
09 November 2020
Selling your business: will we see higher Capital Gains Tax in 2021?Whilst the COVID-19 pandemic has led to significant uncertainty for many businesses, the Chancellor has already indicated that he will be looking to implement measures to reduce the deficit. With no Autumn budget this year it is anticipated that the budget next year (date yet to be determined, but Spring 2021 is a likelihood) will bring about measures from the Treasury which will look to address the significant levels of public borrowing.
05 November 2020
Self-Employment Income Support Scheme grant extension and increased supportFollowing on from the weekend’s announcements that the Job Retention Scheme would be extended, today the Chancellor announced increased support for the self-employed. Like it’s counterpart for the employed, the previous proposals set out just under a month ago have now been significantly amplified to handle the continual impact that COVID is having on the economy.
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