NEWS

We will keep you up to date with everything you need to know about your finances.

Phoebe Grace Phoebe Grace

Advisory Fuel Rates 2023

HMRC has published the latest advisory fuel rates (AFR) for company car users, which applies from the 1st December 2023. The rates for some petrol engines and all vehicles with diesel engines increased by 1p per mile. More details here.

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Phoebe Grace Phoebe Grace

Should you hire or outsource accounting? 

In this in-depth exploration, we'll dissect the pros and cons of each option, providing you with comprehensive insights to empower you in making an informed decision aligned with the unique goals of your business.

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Phoebe Grace Phoebe Grace

HMRC removes PAYE self-assessment threshold

HMRC has announced a major shift in tax procedures, exempting high earners with PAYE income exceeding £150,000 from self-assessment tax returns starting in the 2024/25 tax year. Read about the announcement here.

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Phoebe Grace Phoebe Grace

Overseas firms pledge to invest billions in the UK

In November, Prime Minister Rishi Sunak hosted a summit at Hampton Court to spotlight foreign firms' plans to invest £29.5 billion in the UK, signalling confidence in the economy. Find out more here.

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Phoebe Grace Phoebe Grace

Small business confidence improves in Q3 2023

Small business confidence in the UK improved slightly in Q3 2023, although challenges persist, according to the latest Small Business Index from the Federation of Small Businesses (FSB). Find out more here.

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Phoebe Grace Phoebe Grace

Tax and your work Christmas party

As 2023 draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient way that benefits both you and your employees? In this guide, we’ll help demystify the tax treatment of your end-of-year celebrations.

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Phoebe Grace Phoebe Grace

Self-Assessment

What to watch out for when navigating this important financial obligation. The UK self-assessment system has its quirks and nuances, and understanding how to stay compliant is crucial to a smooth and stress-free income tax process. Find out more here as we do a deep dive into the Self-Assessment.

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Phoebe Grace Phoebe Grace

Autumn Statement: BUSINESS CHANGES

The Autumn Statement was released on the 22nd of Novemeber 2023, in this article we detail the changes brought in that will effect business.

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Phoebe Grace Phoebe Grace

Autumn Statement: PERSONAL CHANGES

The Autumn Statement was released on the 22nd of Novemeber 2023, in this article we detail the new changes that will effect individuals and our personal finances.

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Phoebe Grace Phoebe Grace

Autumn Statement: ECONOMIC OUTLOOK

The Autumn Statement was released on the 22nd of Novemeber 2023, in this article we detail the economic outlook and implications for the UK.

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Phoebe Grace Phoebe Grace

Industry Backlash at HS2 U-turn

Leading business organisations have criticised the Government’s decision to scrap the northern leg of HS2, despite its promises to divert £36 billion into new transport in the Midlands and north of England.

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