Capital Gains Tax (CGT) increases by £179 million following Autumn Budget
December 2024 saw a dramatic increase in CGT, with a total of £335 million in tax receipts – a whopping […]
Unlocking the hidden benefits of regular management accounting
You’re probably familiar with the key advantages of management accounting—tracking financial performance, making informed decisions, and keeping your business on […]
How conducting an audit can improve your business sale
Selling your business is one of the most important decisions you will ever make. Whatever the reason for exiting – […]
Key Changes to Capital Gains Tax and Carried Interest – What You Need to Know
The Autumn 2024 Budget has introduced significant changes to Capital Gains Tax (CGT) and the taxation of carried interest, aiming […]
Business Asset Disposal Relief Changes and What They Mean for Business Owners
The Autumn 2024 Budget introduced several changes to Business Asset Disposal Relief (BADR), a vital tax relief for business owners […]
Understanding How the Autumn Budget Impacts Inheritance Tax for Farmers and Rural Businesses
The Autumn Budget introduced important changes to inheritance tax reliefs that directly affect farmers and rural business owners. These updates […]
Global Bookkeeping Week: Key Issues Impacting the Future of Bookkeeping – Insights from Katy Davies, Bookkeeper Manager at Thorne Widgery
The bookkeeping profession is experiencing rapid change driven by digital transformation, automation, and regulatory demands. In this blog piece, Katy […]
Late filing penalties waived for one month to give taxpayers more time to prepare 2020/21 tax return
Late filing and late payment penalties will be waived for one month to give taxpayers more time to prepare their […]