What can you claim as a capital allowance?
Capital allowances allow you to deduct some or all of the value of an item from your profits before you pay tax. Here’s what you need to know.
Accountants ensure tax doesn’t have to be taxing
Whitley Stimpson are urging thousands of people struggling with tax queries to seek professional advice.
Overview of Autumn Statement 2022
Just 34 days into his role as Chancellor of the Exchequer, Jeremy Hunt delivered his Autumn Statement on 17 November.
VAT changes
The VAT registration threshold has already been frozen at £85,000 since April 2017 and it will now be fixed at that level until April 2026.
Business rates
Properties subject to business rates will be revalued in 2023.
Investment incentives
Investment incentives to promote the establishment of new businesses and to encourage existing businesses to expand will go ahead.