Tax

Champion Round-Up | By Ged Cosgrove, group managing partner On 30th October, Labour’s new chancellor of the exchequer, Rachel Reeves, unveiled the party’s first Budget since 2010. In her much-anticipated speech, Ms. Reeves outlined sweeping changes to the tax regime and public spending. Promising substantial investment to

It’s the season of giving and, if you’re a business owner, it’s a season of teambuilding and customer appreciation, too. The festive season presents the ideal time for your business to take stock of the past year. You might be celebrating a recent team expansion or market

Rachel Reeves, the new Labour Government Chancellor of the Exchequer, presented the Party’s first Budget since 2010 – making history as the UK’s first female Chancellor. She expressed hope that her role will encourage further strides toward gender equity. Her Budget speech, which ran over 90 minutes,

In its first Budget since coming to power, and the first Labour Budget in more than 14 years, the new government has communicated its intent to address a “£22 billion black hole” with a raft of “painful” yet necessary changes to the tax regime. Dale Swift, senior

In this year’s Spring Budget, the government announced it would be scrapping the existing furnished holiday lettings (FHLs) tax regime. A new measure, which will introduce specific tax treatment and separate reporting requirements for furnished holiday lettings accommodation, will come into effect from April 2025. This is likely

In recent months, Airbnb has handed over data regarding user activity to HMRC, who, in turn, has begun contacting Airbnb hosts, requesting they file any undeclared earnings from the home-sharing site. Some reports assert that 19,000 Airbnb hosts have received letters from HMRC, alerting them that the

Today, chancellor Jeremy Hunt outlined his Autumn Statement and key decisions affecting the nation’s finances. Despite the Office for Budget Responsibility (OBR) downgrading UK economic growth forecasts for 2024 (1.8% down to 0.7%) and 2025 (2.5% down to 1.4%), Mr Hunt promised that his 110 measures announced