Getting on the property ladder has become increasingly harder for young people in the UK, and contributions from parents and other family members have become much more common to help first-time buyers with a house purchase. The “Bank of Mum and Dad” as it is often referred to, is gifting money to help young people
The Charity Commission for England and Wales have published their guide for Charity Annual Returns being prepared for years ending in 2023, and there are a few changes which we summarise below. You may be aware that the Charity Commission launched a consultation during 2022 on changing the questions in the Charity Annual Return. Following
Below is a link to our 2023/24 tax rates card, which summarises many of the rates and allowances fundamental to our business and personal lives. Our tax card contains information on income tax rates. It also includes information on property and inheritance taxes as well as business, employment and capital gains taxes. You can view
The new tax year is set to bring a number of changes that will have an impact on UK businesses, so it is important to begin preparing for these changes. However, with just a few days left in March, there are also a few things that Limited Company Directors can do now to save tax.
Blue Spire are delighted to be hosting an Employment Law Seminar, presented by Kate Haskins and Caroline Daniel of Kin People Consulting Ltd. This workshop will provide you with an overview of the essential legal duties and responsibilities of employers, the many circumstances where situations may have costly and time-consuming results and how to avoid
Chancellor Jeremy Hunt delivered his 2023 Spring Budget speech yesterday, outlining a range of financial measures. Mr Hunt outlined a £27 billion transformation of capital allowances; a £500 million package for research and development (R&D)-intensive businesses; and reforms to childcare. The Chancellor also announced the abolition of the pensions lifetime allowance and increased the pensions
Chancellor Jeremy Hunt has today unveiled the contents of his Spring Budget Statement in the House of Commons. Our full detailed version will be posted on our website shortly but here is a summary of the key measures that were announced. Employment Taxation Energy Businesses Keep an eye on our website for a full and
For our next Client Feature, we spoke to Sophie Reed, founder and owner of South Coast Home Care, who are an award-winning independent care provider based in Chichester, providing high-quality care and companionship which ranges from hourly care to full-time, live-in care. Sophie is extremely passionate about delivering high-quality care at exceptional standards, and is
To celebrate International Women’s Day 2023, we asked some of our team what they think their biggest achievements are both in their professional and personal lives. In this exercise, we found it quite hard to take a step back and recognise our accomplishments, but we felt International Women’s Day was the perfect time to do
As a small business owner, careful and strategic tax planning is crucial for reducing your end-of-year tax bill. There many types of tax relief, expenses claims, allowances, and ways to minimise corporate taxes to make sure that you don’t pay any more tax than you need to. With this in mind, we have pulled together
In November last year, Chancellor, Jeremy Hunt made some key announcements during his delivery of the Autumn Statement that could affect how much tax you pay from April 2023. The new tax year is set to bring a number of changes that will impact businesses, so it is important to begin preparing for these changes.
From 1 April, 2023, new rules will come into effect for Corporation Tax, and the rate that companies pay will depend on the level of their profits. The corporation tax rate currently is 19%, irrespective of a company’s profit. However, from 1st April 2023 onwards, the rate of Corporation Tax that you will pay, will depend
Our friendly team are ready to help you and answer any questions you may have. Just use the form below and get in touch.
