Home News Business News

Business News

Lessons from Labour's Reprimand on Info Requests

As a business owner or manager, it's important to respond promptly to information requests, especially when it comes to Subject Access Requests (SARs).

Read More

Evaluating a business idea: A guide for aspiring entrepreneurs

Economic growth creates new market opportunities, making it an ideal time for entrepreneurs to develop and launch innovative business ideas.

Read More

HMRC advisory fuel rates for company car users from 1 September 2024

HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 September 2024.

Read More

Rural Businesses Set for Major Broadband Boost

Rural business owners across Britain are on the cusp of a significant digital transformation, thanks to a landmark deal between the UK Government and Openreach

Read More

Homebuyers Paid £1.2 Billion in Stamp Duty in July

According to official figures from HMRC, homebuyers in the UK paid an astonishing £1.2 billion in stamp duty in July 2024

Read More

Updated interest rates and repayment thresholds for student loans announced

The latest annual update to Student Loan interest rates was made last week by the Department for Education.

Read More

Do you want to supercharge your growth?

Small Business Britain has opened registrations for its September instalment of the Small and Mighty Enterprise Programme.

Read More

Pitfalls to avoid in making a strategic plan

For businesses, having a strategic plan in place is vital for the long-term success and sustainability of the business.

Read More

Chancellor refuses to rule out increase to capital gains tax

The Chancellor has ruled out raising VAT, income tax rates or National Insurance rates, but this has added speculation on whether other taxes will be increased.

Read More

Abolishment of Furnished holiday lettings tax regime confirmed

HM Revenue and Customs (HMRC) have published draft legislation and a policy paper outlining the proposal for the abolition of the furnished holiday lettings (FHL) tax regime

Read More

VAT on Amazon Fees from 1 August 2024

From 1 August 2024, selling fees charged by Amazon to UK vendors will be subject to VAT at 20%.

Read More

Changes to non-domiciled tax status to go ahead

The previous government included plans to end non-domiciled tax status at the Spring Budget and replace it with a 4-year foreign income and gains (FIG) regime

Read More

Bank of England reduces base rate to 5%

As anticipated, the Bank of England reduced their base interest rate on August 1 from 5.25% to 5%.

Read More

HMRC conducting Business Asset Disposal Relief checks

The Institute of Chartered Accountants in England and Wales (ICAEW) have reported that HM Revenue and Customs (HMRC) are contacting taxpayers they believe may have overclaimed Business Asset Disposal Relief.

Read More

VAT on school fees from January 2025

As the Chancellor was speaking in the House of Commons the Treasury published draft legislation on VAT for private school fees with forestalling measures from October

Read More

Business group lists five 'key priorities' for removing trade barriers

The Federation of Small Businesses (FSB) has outlined five 'key priorities' for removing barriers to exporting for small and medium-sized enterprises (SMEs).

Read More

Making HMRC pay for poor service

In recent months and years the decline in service standard from HMRC has been notable, but did you know that it is possible to complain about HMRC and even receive compensation?

Read More

Changes to HMRC Helpline Services for Construction Industry Scheme

HMRC helplines will no longer deal with requests for payment deduction statements (PDS) for the Construction Industry Scheme

Read More

Chancellor’s Speech: What are the Tax and Compliance Implications?

The new Chancellor of the Exchequer, Rachel Reeves, has delivered her first speech as Chancell oroutlining her plans for revitalising the UK economy

Read More

Growth Guarantee Scheme now open for applications

The successor to the Recovery Loan Scheme, the Growth Guarantee Scheme, has now been launched by British Business Bank.

Read More

How can we help you?

Brearley & Co Accountants are pleased to offer a free, no obligation, initial consultation with one of our experts who will be happy to discuss your business needs and how we can help you.

Contact