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Press Release

 

Glazers Chartered Accountants looks to the future with promotion of new Partner

Long-established North London firm, Glazers Chartered Accountants, is excited to begin the new tax year with the promotion of Ben Allen to Partner.

 

Read Our Tax Updates Below

 

SMEs to benefit from Chancellor’s change to the Research & Development tax credits schemes

Chancellor Jeremy Hunt announced a partial reversal to the SME Research & Development (R&D) tax credit cuts...

Chancellor abolishes Lifetime Allowance pensions shake-up

The abolition of the pensions Lifetime Allowance, (LTA) which was announced in the Spring Budget, releases people to save as much as they like into their schemes.

How does Full Expensing work?

Chancellor Jeremy Hunt has announced a partial replacement for the Super Deduction that allows companies to write off 100 per cent of the cost of investment in one go. The Full Expensing scheme was announced in the March Budget.

Government announces shakeup in the payment of Benefits in Kind

The Government has announced a shake-up in how Benefits in Kind (BIK) are paid. The move will allow tax agents to run payroll BIK on behalf of clients for the first time.

How do changes in Corporation Tax affect my business?

Changes to the amount of Corporation Tax (CT) businesses pay came into effect on 1 April. From that date, the main rate of CT rose from 19 per cent to 25 per cent for the most...

Crypto transactions to become part of Self-Assessment under new regulations

The Government has announced there will be greater scrutiny on the reporting of all crypto transactions, including for cryptocurrencies and non-fungible tokens (NFTs).

 

Read Our Business Update Below

 

Be prepared for business rate changes as rateable value update takes effect

The Valuation Office Agency (VOA) has updated the rateable values of all businesses, and other non-domestic, properties in England and Wales from 1 April 2023.

 

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