Notwithstanding any further announcements from Downing Street over the coming weekend, prime minister, Liz Truss, has this afternoon announced the reversal of a key policy to freeze Corporation Tax. During a short press briefing, the PM reversed the government’s plans to freeze Corporation Tax at 19%, meaning
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Today’s “mini budget” was anything but; so much so that it should have been billed the “not so mini” budget. The newly appointed chancellor, Kwasi Kwarteng, stood up at 9:30am and announced a host of measures, some of which we were expecting but there were far more
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Earlier today, the government revealed brand new plans to help businesses cope with the energy crisis. From 1st October to 31st March 2023, there will be a cap of 21.1p per kWh applied to electricity, and 7.5p per kWh applied to gas. This is compared to wholesale
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Written by Ged Cosgrove, group managing partner We join our great nation in mourning the sad loss of Her Majesty The Queen. Over her 70-year reign, Queen Elizabeth II has been such a beloved and ubiquitous figure, having navigated all that is ‘great’ about Great Britain and
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There were more than 800,000 new businesses launched in 2021. Many of these will be the brainwaves of people stepping into the world of business for the very first time, as what was once just a hobby has started to generate income. When this happens, it comes
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Written by Ged Cosgrove, group managing partner It was originally suggested that we wouldn’t feel the true impact of the pandemic and Brexit on the economy for years to come. Since then, we’ve had to contend with the conflict in Ukraine and the knock-on effect this is
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On 20 July 2022 – dubbed Legislation Day or ‘L-Day’ – the Government issued draft legislation for the Finance Bill 2022/23, which includes reforms to the research and development (R&D) tax relief schemes. So, what might these changes mean for you? What is R&D tax relief? R&D
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You may have heard of cryptocurrencies like Bitcoin and Ethereum, or seen PayPal supporting ‘crypto’ payments, and thought they sound like another language. As cryptocurrency creeps into the mainstream, we’ve pulled together a beginner’s guide to help you understand cryptocurrency and what you need to know from
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According to the most recent valuation, the UK gaming industry is worth around £7.16billion (2021) and, for the most popular gaming influencers on streaming platforms, such as Twitch, YouTube and Facebook, it can lead to a lucrative income. For many of the top gamers – some of
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Influencer culture is now a wide ranging and lucrative business. With digital platforms like Instagram, Facebook, TikTok and YouTube launching hobbyists into unexpected careers, the booming sector has disrupted how brands market to their customers, and successful influencers are reaping the rewards. As the influencer marketing sector
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Yesterday, chancellor Jeremy Hunt's Autumn Statement set out to boost the British economy.
The changes include a 2% reduction in employees’ National Insurance, an upward adjustment in the state pension, and a freeze on Alcohol Duty. 🍺
Hundreds of thousands of UK workers have benefitted from a 10% pay rise courtesy of the Real Living Wage scheme.
The rise sees worker earnings jump from £10.90 p/h to £12 p/h, whilst those in London saw a rise from £11.95 p/h to £13.15 p/h.
Superb news for aspiring homeowners 🏡
The government is considering extending the mortgage guarantee scheme, helping first-time buyers with just a 5% deposit. The Chancellor is expected to reveal more during this month's #AutumnStatement.
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