Generous tax incentives for investing in higher risk enterprises
With the cost of living rising steeply and taxation at its highest level for decades, tax breaks are welcome, particularly for those looking to invest…
Continue readingWelcome to the Orchard Accountants blog. This is our hub of information where we will detail company developments as well as provide news and insight into the ever-changing world of finances and accounting. If you read something which strikes to your interest, and you’d like to learn more about a particular topic or service we provide, don’t hesitate to get in touch with us today.
Corporation Tax: could you be missing out on tax reliefs?
Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax.…
Continue readingEmployers given £1,000 saving thanks to rise in Employment Allowance
First announced by the Chancellor in the Spring Statement, changes to the employment allowances, worth up to £1,000 for eligible small businesses, came into effect…
Continue readingSteep price rise warning as hospitality businesses yet to receive Omicron funding
The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per…
Continue readingHMRC to launch new mandatory P87 expenses form
HM Revenue & Customs (HMRC) is to launch a new mandatory P87 form from 7 May to create a consistent standard for the P87s it…
Continue readingR&D Tax Credits – What is changing next year
Several important changes are happening to research and development (R&D) tax reliefs in April 2023, which could affect what income qualifies for R&D tax relief…
Continue readingLooking to start a new business? You aren’t alone
The majority of adults will have flirted with the idea of starting a business and becoming the next Branson or Musk. That idea would have…
Continue readingGetting to grips with the new National Insurance and Dividend Tax Rates
National Insurance and Dividend Tax rates have increased by 1.25 percentage points as of 6 April, as part of the new Health and Social Care…
Continue readingHow can you finance a new business?
Financing a new venture is a challenge, even harder in the current climate of high inflation, global uncertainty and the backdrop of war in Europe.…
Continue readingKeeping a lid on business expenses
It is always a challenge to keep costs down for businesses, particularly at a time of soaring inflation and steep rises in the cost of…
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