The UK government has launched a call for evidence as part of its Tourism Recovery Plan, which seeks to explore the benefits and challenges posed by the rise in short-term and holiday letting in England. The Tourism Recovery plan is designed to help the tourism industry recover from the pandemic and move towards an innovative, […]
Government extends leaseholder protections to buy-to-let investors
The Government announced that it is extending leaseholder protections to buy-to-let investors to protect landlords with small portfolios from building safety costs. Buy-to-let landlords were originally excluded from the cladding relief funds, however, it has now been extended to leaseholders who own up to three properties. Landlords will also receive protection from safety costs on […]
More than 90 businesses created every hour
A new survey has revealed that 93 new businesses were created every hour across the UK in the first half of 2022. According to the data, despite economic headwinds, rising inflation and rocketing energy costs, the number jumped by 18 per cent year on year.
Property disposals and CGT: tips to reduce your liability
Understanding Capital Gains Tax (CGT), specifically, what your liability is, is essential when considering options for selling a buy-to-let property.
Hard pressed SMEs struggling with cashflow challenges
A huge majority of small businesses are ploughing more money into their business than they are taking out for a least one month of every year.
Planning is key for owner-managed businesses
Being your own boss is a dream for a lot of individuals, however, the reality of running your own business can be stressful.
Firms founded during the pandemic could add £20 billion to economy
British businesses formed during the pandemic could be a significant driving force for the UK economy.
Help to Grow: Digital Scheme receives a boost
More than a million businesses can now benefit from Help to Grow, as the eligibility criteria expands to cover businesses with at least one employee.
Tax year basis reform: Should I change my year-end?
In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023/24.