Business - Page 7

1 November 2023

HMRC has released a new tool to assist with understanding what a tax code means, how it is made…

Overlap Relief – claim it or lose it. Preparing for the new tax year basis What is overlap profit? In the opening…

Are you eligible for Research and Development tax relief? If so, you’ll need to submit an additional information form. Since 8…

The first half of 2023 produced good returns from overseas stock markets, as most economies proved more resilient than expected, despite forecasts of a recession at the beginning of the year. As the second half of 2023 progresses, those gains are being given back as higher interest rates and rising oil prices are taking their toll once again.

Then you need to register with HMRC by 5 October or face penalties. Anyone who is self-employed is required to…

Most of August felt like a return to 2022, with the US Dollar Index strengthening considerably (+4%) and signaling a risk-off move which has seen stocks and bonds decline together. However, the final few trading days saw material gains as inflation, employment and savings data suggested the overheating US economy may be cooling down. Investors are keen to see the end of interest rate hikes and a return to stable financial conditions.

We are delighted to introduce GWA Asset Management Ltd (GWAAM), a wholly owned subsidiary of Greaves West & Ayre. GWAAM is the appointed investment manager of the MGTS Qualis fund range, which has been created in conjunction with the Authorised Corporate Director Margetts.

Following the Spring 2023 Budget, capital allowance rules are set to become more complex. The position is further complicated by the fact that the regimes for companies and unincorporated businesses differ, with some capital allowance claims only open to companies.

Have you ever wondered what happens to the tax you hand over to HMRC?

Our latest newsletter offers an update on the new childcare allowances, an update on Capital Allowances and the allowances that are available, plus how you can make the most of HMRC extending the National Insurance deadline to 2025. We've also got updates on what we have been supporting with the local area, who's new at GWA and much more.

Following the extension for mandatory short term holiday let licensing there is now less than two months to go…