Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
29 October 2018
The big headline in the Chancellor’s Budget from a personal tax perspective is the increase in the personal allowance and basic rate threshold to a combined figure of £50,000 from 6 April 2019 – a year earlier than originally planned.
Mike Whitacre
Tax Partner, Frazier & Deeter
22 October 2018
Considering expanding into the USA? Here are some things to considerWith a large marketplace, strong economic growth, a significantly reduced corporate tax rate and indexes indicating record business optimism, there are many reasons to consider entering the USA market. And for UK-based businesses, the uncertainty of Brexit brings an additional reason to consider the USA.
18 October 2018
New HMRC guidance clarifies R&D tax relief for software developmentSoftware development has probably been the most challenging area for companies and R&D advisers alike for clearly and consistently identifying what is eligible R&D tax relief. Misunderstandings over the boundaries mean some companies have not claimed all the relief they were entitled to, whilst others have over-claimed.
09 October 2018
Three steps to improving your profitabilityWhen it comes to improving profitability, it’s important to recognise that your profit and loss statement reflects past performance. Its value is to provide a baseline from which you can track progress as you take action. Here are a few tips on how to generate sustainable profit improvement.
08 October 2018
Market Commentary September 2018The first week of September saw the FTSE 100 slip to a five month low of 7,383 as the pound fell amid concerns over Brexit. The index recovered from this low to close the month at 7,510.20. This recovery from the low largely driven by rising oil prices.
In economic news, GDP grew 0.6% in the second quarter following on from the hottest summer in a number of years. This stronger than expected figure keeps the UK economy on track to deliver growth of 1.3% for 2018.
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