HM Revenue & Customs (HMRC) has initiated a correspondence campaign, sending letters to companies regarding their capital allowance claims, specifically the Annual Investment Allowance. These letters, while potentially raising concerns, shouldn’t necessarily spark alarm. Let’s delve into what these letters entail and how companies should respond. Understanding the Purpose […]
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Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. Here’s a response from our Tax Consultant Kerrianne Naylor Wood: “For the last few years, the pre-Budget bombast and boom has vastly […]
Selling your business can be the largest financial decision that many entrepreneurs make. For many, the process can be daunting and complicated. Here are a few key points to consider when preparing your business for sale: Reliance on key staff Often a business may be very reliant on the owner. If […]
A Director’s Loan Account (DLA) is a financial account that tracks transactions between a company and its directors (or shareholders) when money is either borrowed by the director from the company or lent by the director to the company. It is essentially an accounting record that helps to keep track […]
When starting any new business venture, one of the crucial decisions you’ll face is choosing the legal structure. The two most common options are operating as a sole trader or setting up a limited company. Each comes with its own advantages and disadvantages, and understanding these can help you make […]
Running a business involves a complex interplay of factors, including potential risks and uncertainties. In this dynamic landscape, business insurance emerges as a fundamental necessity, providing a safety net against unexpected disruptions. Let’s delve into the reasons that underscore the significance of business insurance in ensuring the long-term success and stability […]
We know that our dental clients like a party, as do we, but do you know the staff expenses tax implications of entertaining and Christmas bonuses? An annual Christmas party, or a meal and drinks out with your staff is enough to trigger a tax charge if the limits are […]
From us all at Robson Laidler, we are thrilled to announce that our B Corp Impact Report has received official sign-off from B Lab UK! We’d love to invite people to share our progress against the B Corp impact pillars during our first years of accreditation, and take a moment […]
The latest research from Robson Laidler in collaboration with the UK200Group provides a comprehensive snapshot of the UK business confidence landscape. The survey reveals that 35% of businesses maintain a positive outlook, a slight increase from the previous year’s 34%, but still lower than the 48% reported in 2021. […]
Do you want your neighbour and friends to know exactly how much you earn? Or your competitors, employees or customers know what your margins are? Well, if you are the owner of a small, limited company then new legislation, currently working its way through Parliament, will mean that information […]