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We hope you find our posts interesting and informative.

£1 MILLION ANNUAL INVESTMENT ALLOWANCE STILL AVAILABLE

21 February 2022

Second hand plant and machinery does not qualify for the 130% super-deduction but would still qualify for the 100% Annual Investment Allowance (AIA). The amount of expenditure qualifying for 100%  tax relief was originally scheduled to revert to just £200,000…

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We’d love to hear from you and get your views on any of these blogs so please feel free to get in touch.

ADVISORY FUEL RATE FOR COMPANY CARS

20 December 2021

HMRC have again increased the advisory fuel rates that apply for the reimbursement of employees’ private fuel for their company cars. The new rates apply from 1 December 2021, but you can continue to use the previous rates for up…

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CHRISTMAS IS THE TIME FOR GIVING

17 December 2021

Many were expecting the chancellor to announce changes to inheritance tax (IHT) in his Autumn Budget, However, like capital gains tax (CGT), the rules have remained broadly the same as last year. That means that each tax year individuals may…

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CHRISTMAS GIFTS OF UP TO £50 PER EMPLOYEE IS ALSO TAX FREE

16 December 2021

Remember that certain gifts to staff at Christmas are also tax free if structured correctly. Employers are allowed to provide their directors and employees with certain “trivial” benefits in kind tax free. This exemption applies to small gifts worth no…

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INCREASING PRICES

6 December 2021

How can you raise your prices without losing too many customers? The current business environment is incredibly competitive but as we emerge from the pandemic, consumer demand is increasing and many sectors have seen labour and material costs rise. As…

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WHAT MAKES A GOOD BUSINESS LEADER

29 November 2021

There is no recipe for good leadership so how do you go about becoming a really great business leader? The best leaders in business are those that have attributes including vision, courage, integrity and focus combined with the ability to…

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Business News England

23 November 2021

Inflation: UK prices increase at fastest rate for almost ten years The cost of living has surged at its fastest pace in almost 10 years, with the Consumer Prices Index (CPI) reaching 4.2% in the year to October. It is…

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