by Gary Woosey | Nov 15, 2022 | Tax
When it comes to running a business, you must keep up with the ever-changing industry you are a part of. It is important to be aware of any allowances you are missing out on, so that your company can reap the benefits. So, what support is on offer? Capital Allowances...
by Gary Woosey | Nov 8, 2022 | Tax
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset. You are not taxed on the amount of money you receive, but on the gain you make. For example, if you bought something for £10,000 and sold it for £20,000, you’ve made a gain...
by Gary Woosey | Nov 1, 2022 | Tax
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise. The Chartered Institute of Personnel and Development (CIPD) summer Labour Market Outlook for 2022 found that 15 per cent of...
by Gary Woosey | Oct 25, 2022 | Uncategorized
With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem. According to the Metropolitan Police, fraud can come from anywhere, including: Staff members Customers Suppliers Third parties,...
by Gary Woosey | Oct 18, 2022 | Tax
Recent plans to reintroduce tax-free shopping for international visitors in the UK have been scrapped. Last month, former Chancellor, Kwasi Kwarteng reintroduced tax-free shopping as part of his mini-Budget. However, the new Chancellor, Jeremy Hunt, repealed this...
