Budget 2016: Key Takeaways for Companies

Following on from this morning's summaries on the key talking points from Budget 2016 for individuals and contractors, below we’ve summarised the key talking points for companies from Chancellor of the Exchequer George Osborne’s eighth full Budget. Focusing on small and medium-sized businesses (SMEs), this is the final part in our article series on Budget 2016. To speak with us directly about…

Autumn Statement 2014: Key Points for Individuals and Small Business Owners

Today Chancellor of the Exchequer George Osborne delivered his annual Autumn Statement before members of parliament in the House of Commons; the last before next year’s General Election. In keeping with previous years the Chancellor’s Statement covered a wide range of topics. Below we’ve concentrated on key points from this year’s Autumn Statement that directly affect the financial situation…

Annual Investment Allowance Increased to £500,000

Announced as part of Budget 2014 back in March of this year, Chancellor of the Exchequer George Osborne has once again increased the Annual Investment Allowance (AIA) temporarily between 1 April 2014 (for corporation tax, 6 April 2014 for income tax) until 31 December 2015. In a bid designed to stimulate business investment across the economy by increasing the time businesses have to make…

Overview of SMP for Employers

Dealing with and understanding Statutory Maternity Leave and Statutory Maternity Pay (SMP) as a new employer or SME can be difficult, especially if you’ve never had to deal with this issue yourself as an employee at a previous company. Though we’ll be focusing on SMP in this post, it should be noted that all new mothers have a legal entitlement to take up to twenty-six weeks off around the…

Autumn Statement: Key Points for Individuals and SMEs

Earlier today George Osborne, Chancellor of the Exchequer, delivered his Autumn Statement to Parliament. Following are a summary of the key points affecting both SME business owners and individuals, taken from today's statement.Read more

A summary of GAAR and how it may impact you

There has been much written about the new GAAR legislation since it came into force in July 2013 and the majority of articles are extremely technical and very lengthy. I thought it would be helpful to provide a summary of GAAR and how this may impact you. The General Anti-Abuse Rule (GAAR), has been introduced in the UK as part of the governments endeavours to combat tax avoidance and evasion.…