Budget 2024 Predictions: What Businesses Need to Know
As we approach the Budget 2024, businesses are bracing for potential tax changes that could impact their operations and finances. With Chancellor Rachel Reeves set to unveil a series of measures, it’s clear that the UK government is focused on addressing economic challenges and the much-debated £22bn fiscal gap. While the Chancellor has ruled out […]
Was Starmer’s Investment Summit a Success?
The key theme of Sir Keir Starmer’s International Investment Summit was “stability.” Addressing the UK’s political volatility of recent years, Starmer emphasized that his party’s majority would usher in a more predictable and stable economic environment, which is crucial for long-term investors. International business leaders, such as Anders Opedal, CEO of Norwegian energy giant Equinor, […]
Surge in Larger Homes for Sale Amid Capital Gains Tax Fears, According to Rightmove
As speculation grows about potential changes to the capital gains tax (CGT) in the UK’s October budget, there has been a notable surge in larger homes being put on the market, according to Rightmove, the UK’s leading property website. With an expected CGT hike looming, property owners—particularly those with more significant assets—are choosing to sell, […]
CGT: ‘Choosing to Leave UK’ Over Feared Capital Gains Raid
As speculation grows over potential increases in Capital Gains Tax in the upcoming autumn Budget, entrepreneurs and high earners are making critical financial decisions to safeguard their wealth. The Labour government’s potential tax reforms, particularly concerning CGT, have prompted many business owners and investors to expedite transactions or even consider leaving the UK entirely. The […]
The Labour Party’s New Deal for Working People: Implications for Employers
The professional accountants at BSO Fintax understand the intricacies and implications of policy changes on businesses. The Labour Party’s New Deal for Working People proposes significant reforms that aim to modernise the workplace, improve worker rights, and foster better industrial relations. Here’s a detailed analysis of how these changes might affect employers and businesses. Enhancing […]
Business Valuation: An Essential Guide by BSO-Fintax
There are various methods to calculate business valuation, each with its own strengths and weaknesses. Often, a combination of these methods is used to arrive at a more comprehensive and accurate valuation.
Understanding Umbrella Companies in the UK: A Comprehensive Guide
Are you a contractor or freelancer looking for a simplified and compliant way to handle payroll, taxes, and employment responsibilities? Umbrella companies in the UK might be the solution you need….
Why Hiring Local Accountants in Sunbury is Essential for Your Business
When it comes to managing the financial health of your business, having a reliable accountant is crucial. But did you know that choosing local accountants in Sunbury can provide you with even greater benefits?
Startup Funding under the new Labour Party Manifesto
While many attempt to obtain startup funding, the 2024 Labour manifesto lacks detailed policies specifically aimed at the UK startup sector.
UK Tax Changes for Non-Residents: How BSO-Fintax Can Help
A four-year FIG regime will be introduced for individuals who become UK tax residents after ten years of non-UK residence. UK Tax Changes for Non-Residents…