One of the themes of the March Budget was encouraging business growth. The Office for Budget Responsibility (OBR) expects the UK’s economy will recover quickly once the remaining Covid-19 restrictions…

Whether you’re back in the office, working remotely or using a hybrid system, there is no better time to look at the processes that keep your business running smoothly. As…

If you’ve got a contract for a mobile phone, which you use mainly for work, you may want to put the cost through your company. What are the tax consequences?…

A friend has suggested you follow their lead and pay your other half through the business to reduce tax on its profits. While this can work, it won’t in all…

One of the questions that accountants are asked most frequently when one of our clients is buying a new car, is whether to buy or to lease. To “buy” means…

A super-deduction of 130% for plant and machinery (P&M) – when purchased new, between 1 April 2021 and 31 March 2023 – was announced in the 3 March Budget. Anything…

This year was always set to be about recovery, as the government seeks to repair the damage to the economy caused by the pandemic. Leading up to the Budget, there…

In his Budget, the Chancellor announced that the capital gains tax (CGT) annual exempt amount (AEA) will remain frozen at its current rate, up to and including the 2025/26 tax…