Since the reversal of Liz Truss’s tax policy changes last month, new PM Rishi Sunak and Chancellor Jeremy Hunt have promised a new statement, concluding that now is the right time to proceed with a package of tax cuts. In today’s statement there was a focus on energy prices & [...]
As we steam ahead into the summer months it can be easy to focus on your business making money, rather than what your business needs to be doing in the background. One of those is to focus on tax, to ensure your money is working as hard as it possibly [...]
In this blog our MD, Daniel Mepham, shares his thoughts from the March 2022 Spring Statement. A much anticipated Spring Statement was delivered on March 23rd by Chancellor, Rishi Sunak against a backdrop of war in Ukraine, post pandemic super spending and an ever increasing rate of inflation. With that [...]
For the 2022/23 tax year, tax allowances and the rate bands have, for the most part other than dividends, have remained the same. In this blog we explore what that means in real terms, and how your Vantage Accountant can help you trade as tax efficiently as possible in the [...]
Electric cars are no longer a thing of the future! And whilst we’re not quite at the teleporting stage, having an electric car is certainly becoming the car of choice, especially with the planned ban on petrol and diesel cars from 2030 onwards. So what are your options when considering [...]
The season to be merry and bright is upon us, and who doesn’t love getting together to let your hair down and have some fun? But when it comes to partying during the festive period, are you allowed to claim your party expenses? The answer is ‘yes’, but there are [...]
The festive countdown has begun! And whether you’re ready or not the New Year is only a few weeks away. So what can you be doing now to get your small business ready to hit the ground running come January 1st? In this blog we explore the ways in which [...]
Autumn Budget 2021 The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. Main Budget proposals Tax measures include: a new temporary business rates relief in England for [...]
Here we go again, another lockdown! And whilst for many of us it’ll mean a change to our everyday life (yet one we’re all slowly getting used to), now is a good time to plan ahead to ensure your business can hit the ground running when things return to ‘normal’. [...]