Tag Archives: finance

Opening up small company reporting

woman sat at desk with calculator filing business accounts

Companies House are working on detailed changes that will require small and micro sized companies to file information about their turnover and profits at Companies House. Once filed, this data will be available to anyone searching affected companies’ records at Companies House. At present, smaller companies can file abridged accounts that do not include a […]

Underlining planning options for Furnished Holiday Let owners

Holiday let apartment with sofa, bright colours and window

If you read our post of last week, Property Tax Changes, you will be aware that the Chancellor recently confirmed – as part of his Spring Budget – that the present tax advantages that owners of Furnished Holiday Let (FHL) property enjoy will be abolished from April 2025. While a deadline in a year’s time […]

Impact of the Spring Budget 2024

Impact of the Spring Budget 2024

We all knew that the Chancellor would have restricted options when considering the contents of his recent spring budget announcement on 6 March. But it seems he has the skills after all to “play tennis” with his arms tied behind his back… Would there be a combination of tax cuts and public expenditure cuts, or […]

Budget summary 6 March 2024

As expected, the Chancellor has found wriggle room in his fiscal rules that have allowed him to please his fellow Conservatives by reducing the impact of taxation. Not an unfamiliar tactic for a government in a general election year.   The impact of tax changes announced are summarised below.   Impact on personal finances   […]