In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023 to 24 and consider whether it is worth changing your accounting period.
Author Archives: Robb & Co Chartered Accountants in Sutton Coldfield
Big city hospitality bounces back, but London slower to recover
The hospitality industry has seen a resurgence in the first six months of the year with the top 10 most populous cities outside London bouncing back strongly from the pandemic blues.
How can tourism businesses achieve Net Zero?
As the UK experiences unprecedented high temperatures, your tourism business may well be benefiting from increased sales. However, whilst ice creams are flying off the shelves a much bigger dilemma is presented…
New guidelines could help thousands of Britons cut their debt
Companies have been told by the Government’s Insolvency Service to consider the impact of rising prices and its effect on household incomes -meaning debts could be written off or repayments halved. Continue reading
Businesses must work harder to win the trust of the public
A new survey has shown the UK public’s attitude towards business has improved, but work still needs to be done.
Government review seeks to improve the holiday letting market
A review into the effect of short-term holiday lets has been launched by the Government to improve the holiday letting market for those living in popular tourism destinations.
Businesses can make big tax savings when disposing of assets
With business costs rising as inflation soars, we want to remind companies about the tax incentives that can save businesses thousands of pounds.
Pay boost for millions as National Insurance threshold rises
Further changes to National Insurance Contributions (NIC) kick in from July this year and will be a welcome boost for most taxpayers who suffered an increase in April.
Jubilee provides extra bounce as business revenues on the rise
A royal Platinum Jubilee bounce is helping drive UK business ahead, as 60 per cent of SMEs expect to see a lift in revenues this quarter.
Training schemes address labour and skills shortage in hospitality
The labour and skills shortages across the UK and within hospitality are well documented, but even if you don’t know your cruet from your Creuset, opportunities may be opening up.