Spring Budget 2023 Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. Driving business investment The...
Autumn Statement 2022 On 17 November 2022, the government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The...
Background In 2022, Hawsons Corporate Finance had the pleasure of supporting Specialised Movers Limited (“SML”), a well-established storage and removals company, based in Sheffield, during their transition to Employee Ownership. SML was not previously a client of...
A recent survey conducted by the CGA and Fourth’s Business Leaders has found that hospitality leaders are optimistic about the prospects 2022 has to offer. The poll shows that 65% of multi-site business leaders are confident about the next year for the market. This...
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
Introduction In the Chancellors Spring Statement he announced that the VAT rate for hospitality businesses would return to 20% as the temporary 12.5% rate ends. This decision has sparked outrage from the hospitality sector as they look to recover after the disturbance...
England Woodland Creation Offer With a shift in regime from the Basic Payment Scheme to one targeting agri-environmental objectives, more farmers are looking to forestry as a way to generate income. The England Woodland Creation Offer (EWCO) is a scheme available...
We have successfully settled another VAT case and reduced the tax liability from over £4M to zero, for one of our clients. Our client, calculating and submitting their own VAT returns, had neglected to keep proper export evidence. HMRC conducted a VAT visit and...
The environment and climate change has been a hot topic over the last few years. In 2021, more than ever before, environmental and socially responsible issues are at the forefront of the investment landscape. Whilst the practice of ESG Investing has been around since...
Staff at our three offices in Sheffield, Doncaster, and Northampton swapped their usual office attire for something more casual last Friday to fundraise for Children in Need 2021. The money raised will help support disadvantaged children and young people across the...
Introduction In the Government’s recent Business Rates Revaluation Consultation, UKHospitality along with the British Institute of Innkeepers called for a wide-ranging reform of the current system. The Government’s consultation has confirmed that business rates...
The government has confirmed that employers of all sizes in England can now apply for £3,000 in extra funding to help them take on new apprentices. The boost to the apprenticeship incentive scheme was confirmed by Chancellor Rishi Sunak in the Budget in March. The...