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ATED Factsheet
What is an ATED Return? Annual Tax on Enveloped Dwellings (‘’ATED’’) is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000. It was introduced as part of a package of measures aimed at making it less attractive to...
Furloughed Employees
In what is already a challenging time for business owners, a lot of conflicting information is circulating. We are trying to keep you all as informed as we can but, we ourselves, are still waiting for final confirmation from HMRC on some aspects of the application...
Coronavirus & The Impact On Business
Impact on Businesses As can be expected we have had a number of queries from clients in regards to their options following any downturn in trade or temporary halt in operations due to the Coronavirus outbreak. We understand it has become a testing time for business...
Rishi Sunak Announces His First Budget
On the 11th March 2020, Chancellor Rishi Sunak delivered his first Budget to the House of Commons, announcing the government’s tax and spending plans for the year ahead. Headed by a £30 million investment to reduce the impact of the Coronavirus, further initiatives...
2020 Accountancy Trends To Look Out For
The year new always promises much in the way of change and transformation, and 2020 is set to be no different. 2019 may have seen the rise of cloud-based solutions and mobile accountants, but 2020 bring a whole new digital revolution to the fore, and see artificial...
Accounting Today Hosts A Virtual Roundtable
Accounting Today convened a virtual roundtable of experts and practitioners to share their thoughts on where the future of auditing is headed, amidst the recent rise of technology. Speaking to Mike Yates (Partner-in-charge, Auditing Competency Center, Crowe), Cathy...
Spring Statement 2019
Amidst all the Brexit debates, the Chancellor Philip Hammond presented his second Spring Statement on Wednesday 13 March 2019. In his speech the Chancellor provided an update on the economy and responded to the Office for Budget Responsibility forecasts. In addition...
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Student loan repayments for new borrowers to start at £25,000
The level at which students begin to pay back their loans will be lowered from £27,295 to £25,000 for new borrowers. From September 2023, the interest rate on student loans will also be set to RPI+0%. Additionally, the length of time that students have to pay their...
UK economic growth to halve this year, warns BCC
UK economic growth is expected to halve this year amid soaring inflation, major tax rises, and global shocks including Russia's invasion of Ukraine, warns the British Chambers of Commerce (BCC). The BCC has downgraded its expectations for UK GDP growth in 2022 to 3.6%...
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