Read our latest Practice News as well as sector specific and accountancy updates from across the UK.
You may have seen in the recent Budget announcement the introduction of a new super-deduction tax relief. This new temporary tax relief of up to 130% applies on qualifying capital asset investments and will be in place from 1 April 2021 until 31 March 2023. The aim, according to the Chancellor, is to encourage investment […]
When the Chancellor, Rishi Sunak, delivered Budget 2021 yesterday and set out the UK Government’s plans for recovery, many of us probably felt we knew what to expect, thanks to the various leaks and announcements over the last few days. Acknowledging the pandemic had “fundamentally altered” people’s lives, he said he would do “whatever it […]
The Scottish Finance Secretary, Kate Forbes, outlined plans for Scottish spending and taxation in the 2021/2022 Scottish Budget on 28 January 2021. The key announcements were as follows: Tax rates Reflecting the Secretary’s description of this budget being a time for “stability, certainty and targeted support” there was little change to income tax rates and […]
We are delighted to announce that Greaves West & Ayre has been listed in the top 30 of Financial Advisers 2020 by FTAdviser. Released annually, the FTAdviser’s Top 100 list recognises the best financial advisory businesses working in the UK. The criteria for the top 100 ranking uses a rigorous methodology including growth rate, experience […]
Information as of 22 January 2021 During the first COVID-19 lockdown, HMRC allowed businesses to defer VAT liabilities due between the period of 20 March to 30 June 2020 until 31 March 2021. With that 31 March deadline moving ever closer, HMRC have announced that businesses who did defer VAT payments can now opt in […]