News and Events - Page 8

On the 1 January 2024 the Department for Business and Trade (DBT) issued guidance on the changes that are…

At the end of 2023, investors expected the US and UK central banks to reduce interest rates by 1.50 -1.75 percentage points in 2024.1 A fortnight after the spring equinox, those expectations have reduced to only 0.25 - 0.75 percentage points2 and some are now questioning whether we will see any rate cuts at all.

Our latest newsletter offers advice on the Basis Period Reform, useful Tax Planning guidance and the changes to the Cash Basis. We also bid farewell to two of our longest standing Partners and round up events, community and staff news.

As we look forward to Spring and the lighter, brighter days ahead, we round up what has been a busy few months as we came to the end of 2023 and welcomed the New Year. Our support of local causes, initiatives and hosting of our own events has been as busy as ever…

Rural Seminars – We held two successful rural seminars in late Autumn 2023, one in Haddington, East Lothian…

We are pleased to announce that Richard Kirkham has become a Director of Three Counties Ltd and GWA Asset Management
Ltd on 6 February 2024.

This year sees the departure of two of our longest standing and most well respected Partners, Alan Patterson, and Ewan Millar. Ewan and Alan retire on 31 March this year, with Alan remaining as a consultant until 31 July.

The cash basis is a simpler way of preparing accounts, which takes account only of cash received and cash paid out. Unlike the traditional accruals basis there is no need to match income and expenses to the period to which they relate, or take account of debtors and creditors

Basis Period Reform:
Will it affect your business?

Wednesday 5 April 2024 sees the end of the current Tax Year. Following the Chancellor's continued plans to freeze and in some case reduce Tax-free allowances, it's more important than ever to make the most of some timely Tax planning.

Further to our recent article on the National Minimum Wage (NMW) increases on 7 March 2024 – read…

STOCKS BEGIN TO MOTOR -
In June 2023 we asked whether a new bull market had begun. Nine months later, we have our answer. The MSCI World index moved to new all-time highs in February. The US and Japanese stock markets have led the way, while others are yet to catch up - including the UK’s.