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EOT Case Study – Lyndhurst Cooling & Heating Services
EOT Case Study – Lyndhurst Cooling & Heating Services

Hawsons Corporate Finance had the pleasure of supporting Lyndhurst Cooling & Heating Services Limited (“Lyndhurst” or “the Company”), a family run commercial cooling and heating solutions specialist, during its transition to Employee Ownership. Lyndhurst was...

Autumn Budget 2024 Summary
Autumn Budget 2024 Summary

Autumn Budget 2024 SummaryChancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. Billions in tax rises Ms Reeves said the Budget will raise £40 billion in...

Tax changes for furnished holiday lets (FHL’s)
Tax changes for furnished holiday lets (FHL’s)

If you own a furnished holiday property, you may wish to consider taking action before 5 April 2025. In the Spring Budget, it was announced that the Furnished Holiday Let Regime will be abolished and draft legislation has now been published, which has provided some...

Reasons to file your self assessment tax return early
Reasons to file your self assessment tax return early

It may be tempting to put off preparing your self-assessment tax return until later in the year. However, there are many benefits of submitting your tax return early and keeping on top of your tax affairs.    Peace of mind Christmas can be a very busy time of year so...

VAT on schools fees from January 2025
VAT on schools fees from January 2025

Private school fees will no longer be exempt from VAT from 1 January 2025. Anti-forestalling provisions will be in place from 29 July until 30 October 2024. This means that any pre-paid fees paid for the first term of the school year will continue be exempt from VAT...

Date announced for 2024 Autumn Budget
Date announced for 2024 Autumn Budget

Chancellor Rachel Reeves has announced that she will deliver her Autumn Budget on Wednesday 30th October. This will be Rachel Reeves’ first Budget as Chancellor. It should also provide an insight into what direction the new Labour government will take on tax policy....

Millions shifted into higher tax brackets
Millions shifted into higher tax brackets

As tax thresholds remain unchanged, the number of taxpayers paying the additional rate will exceed 1 million for the first time. Tax revenue and increasing burden This year, HMRC is projected to collect £63.2 billion in income tax, contributing to a total of £272.6...

Basic Cash Flow Management Tips
Basic Cash Flow Management Tips

This article serves as an introduction to the fundamentals of cash flow management. If you need any support regarding your cash flow management or anything else, then please do get in touch.   What is cash flow? Cash flow or cash flows is typically defined as the...

Drive business growth with management accounts
Drive business growth with management accounts

Looking to drive business growth? There are many types of business growth such as organic, strategic and mergers to name just a few. In this article, we explore how conducting regular management accounts can give business owners the financial information they need to...

What is inheritance tax?
What is inheritance tax?

What is inheritance tax? The government imposes inheritance tax on the estate of a deceased person before distributing the assets to their heirs. It calculates this tax based on the value of the person's estate (the assets they own individually) above a certain...