A Break Down of the 2023 Spring Budget: Key Highlights and Implications The Chancellor of the Exchequer, Jeremy Hunt, has announced a range of new measures in his Spring ‘growth’ Budget. One of the biggest shake ups was the increase in the tax-free allowance for pension contributions rising from £40,000 to £60,000 and abolishing the … Read more
A Comprehensive Guide to Company Pension Schemes: What You Need to Know If you’re a UK company and you employ staff (or even just pay yourself a salary), you may have to offer a workplace pension scheme, also known as a company pension scheme. This is a legal obligation as a UK employer. You may … Read more
Is a Company Car Right for You? A Director’s Guide Read on before buying a company car Did you know that just over half of all newly registered vehicles in the UK are owned by a company? Surely that means that they’re raking in a huge tax benefit, right? Have you got your eye on … Read more
Navigating UK Personal Taxes: What You Need to Know About 6 Common Taxes Introduction to taxes Tax; even the word seems… well, taxing. The bane of people’s existence and yet a lifeline for many. It can fill someone with rage or make them feel that they are contributing to something greater. However, I’m not here … Read more
Ultimate Checklist For Starting A Business Starting a business in the UK can be a complex process, but with careful planning and organisation, you can minimise the risks and maximise your chances of success.Here’s a checklist to get you started: Company Structure One of the first things you should figure out when starting a business … Read more
Top Tips for Preparing for the Tax Year-End The tax year end is looming once again and although for some it may feel like you have only just got your tax return out of the way in time for the 31st January deadline, it is a good time to review your income for the year … Read more
Making Sense of UK Taxation for Businesses: An Overview Introduction to taxes Tax; even the word seems… well, taxing. The bane of people’s existence and yet a lifeline for many. It can fill someone with rage or make them feel they are contributing to something greater. However, I’m not here to tell you my opinion, … Read more
The Importance of Knowing Your UK Trading Status: What You Need to Know So what is a trading status? Okay, so you’ve done the hard part. You’ve had the idea, proven the concept and taken the first few steps and are ready to launch your business. But now what? Jacksons Accountants in Mansfield and Sheffield … Read more