We are pleased to offer you a complimentary copy of our latest newsletter.
One year into the new government and the challenges don’t appear to be letting up. Faced with lacklustre growth, a jump in inflation and elevated borrowing, the outlook for the next Budget in the autumn is looking less than rosy with complex balancing decisions to be made.
The articles in this issue are:
- Pension schemes shake-up on the horizon The Pension Schemes Bill now making its way through Parliament will bring the biggest pension reforms since auto-enrolment and pension freedoms.
- Start-ups seed funding grows The amount that companies raised under the seed enterprise investment scheme (SEIS) increased by over 50% to £242 million for 2023/24, with the number of investors also increasing by nearly 2,000 to just over 10,000.
- Navigating VAT issues Your business could suffer because of the fraudulent actions of others.
- Winter fuel payments return Pensioners in England and Wales with taxable income of £35,000 or less will now keep the winter fuel payment of £200. Making some small changes may mean you avoid a clawback.
- Identity verification rolls out All company directors, LLP members and people with significant control will soon have to verify their identity with Companies House. You can now do so voluntarily if you want to prepare for the change.
We hope you enjoy reading the newsletter. Please get in touch if you need help or advice on any of the topics covered.