Tel: 07712 856364
Email: jon@proactive-accounting.com
The Chancellor has now finished her update on the changes to UK tax rules. As predicted, this is a devastating budget for some small businesses which are caught by the biggest tax rises. We’ve done our best to highlight the key changes here which we believe are likely to have the biggest impact on…
While we’re quite confident that none of our clients want to hear our political opinions, part of our job involves trying to prepare for upcoming changes to tax legislation and with Labour’s recent triumph at the UK general elections, it seems very likely that the newly formed government will bring in some new changes…
There are many industries and fields where a business can expect to go through their entire career with perhaps one or two HMRC tax investigations at most. Unfortunately, as those who have been in the market for a long time will know this is certainly not the case for business owners in the Takeaway industry.…
Clients who have discussed tax planning with us will be aware that we frequently advise that certain industries are at much higher risk of HMRC activity than others. The industry which is consistently investigated more than any other is the food and hospitality sector – especially takeaways or businesses selling a mix of hot and…
Budget time is upon us again. For a pre-election budget there was very little in the way of tax giveaways or movements to reduce the tax burden on UK businesses and taxpayers. Nonetheless, we have marked out some of the key points clients should be made aware of. Most changes are minor, but the…