by Gary Woosey | Oct 8, 2024 | Blog
The upcoming Budget could see a rise in Capital Gains tax (CGT) rates so that they align with Income Tax rates. This rumour has led to many business owners considering the sale of their business before they are subject to these higher rates. For those considering...
by Gary Woosey | Oct 1, 2024 | Blog
Optimism is on the rise among small and medium-sized enterprises (SMEs) for the third consecutive year. According to recent research from banking firm American Express, nearly seven in 10 business leaders are feeling confident about the future of their companies, a...
by Gary Woosey | Sep 24, 2024 | Blog
In our latest blog, we continue our look ahead to the 2024 Autumn Budget and how it could affect taxpayers. Today, we turn our attention to Inheritance Tax (IHT) and explore the potential changes that might arise from the Chancellor’s announcements. IHT receipts in...
by Gary Woosey | Sep 17, 2024 | Blog, SME, SMEs
The burden on small and medium-sized enterprises (SMEs) is already quite heavy due to the current economic climate, but it may worsen in the coming months, with potential changes to Capital Gains Tax (CGT) being considered in the October Budget. If CGT is aligned...
by Gary Woosey | Sep 9, 2024 | Blog
Making financial gifts during your lifetime is a thoughtful way to provide for your loved ones while also reducing your estate’s exposure to Inheritance Tax (IHT). One often overlooked but effective approach is using surplus income to make these gifts. Over time, this...
