As we move towards the Autumn Budget, there is growing speculation about what tax changes may be on the horizon. With a new government in place and public finances under pressure, businesses and individuals alike are bracing for potential increases in tax rates, reductions in reliefs, or the tightening of existing allowances. While nothing is confirmed yet, it is wise to start thinking ahead.
We know this continues to be a challenging period for many of our clients. Rising costs, continued pressure on wages, and uncertainty around tax and employment regulations are making it harder than ever to plan with confidence. At the same time, compliance requirements are becoming more demanding – from Making Tax Digital to the ongoing changes in National Insurance and pension thresholds.
Now more than ever, it pays to stay informed and plan early. In this edition, we cover key tax and business issues affecting small businesses, useful reminders, and tips to help you stay ahead of deadlines. If you have any questions or concerns please do not hesitate to get in touch.