The Government has confirmed further changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) following the November Budget. These updates will be included in the Finance Bill next month and will affect Inheritance Tax planning for farmers and...
If you've been under the impression that Inheritance Tax (IHT) changes are a distant concern, it's time to reconsider. Recent reforms are set to significantly impact business owners and farmers, particularly those with businesses or farms with values exceeding £1...
We were proud to take part in HLB Communities Day once again this year! This is a global initiative which brings together HLB's member firms and allows them to give back to their community. This year, our colleagues across Sheffield, Doncaster and Northampton...
Small businesses across the UK have seen energy standing charges increase very sharply over the past few months with some reporting increasing of over 1000%. Furthermore, 62% of small businesses have said that the ever increasing cost of utilities continues to one of...
To cut complexity and burdens from legislative reporting requirements, the thresholds for company sizes in the UK are being increased by 50%. Following the Spring Budget, it has been announced by the Prime Minister Rishi Sunak that the company size thresholds will be...
In the dynamic landscape of small business management, effective financial management is the key to sustained success. Accounting plays a pivotal role in this process, and thanks to the development of technology, accounting software has become a powerful tool for...
Chancellor Jeremy Hunt will deliver his 2024 Spring Budget on Wednesday 6 March 2024. What time is the Budget? The Budget is expected to take place at about 12:30 pm, straight after PMQs. The first part of the statement typically begins with a review of the...
Autumn Statement 2023 On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were...
On 16th May, the IASB published guidance regarding the effects of climate related matters on financial statements prepared in accordance with the IFRS for SMEs financial statements. Full guidance can be found here. The guidance contains examples of areas where...
The government is currently consulting on various options to simplify non-financial reporting rules indicating consideration of the appropriateness of the current company thresholds. The Department for Business and Trade (DBT) and Financial Reporting Council (FRC) are...
There have been UK skills shortages for some time, particularly across the manufacturing and engineering sectors. However, since the pandemic, these skills shortages have spread into other sectors, including hospitality and professional services. In this article, we...
Creative businesses across the East Midlands are able to apply for free funding to help them accelerate business growth, create jobs and prepare for investment. The East Midlands Creative Consortium (EMC2) has begun accepting applications from high-potential creative...