Recent Posts by Dev19

Budget summary 30 October 2024

The long awaited, much anticipated and dreaded first Budget of the new Labour government was delivered to Parliament today - 30 October 2024 - by the Chancellor, Rachel Reeves.We now know where the funds will come from to finance investment and growth, and the vaunted tax increases are no longer speculative, we have the detail.  The…
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100 days to the 2023-24 self-assessment filing deadline

HMRC have kindly reminded us - their online post of 23 October refers -  that there are approximately 100 days (to 31 January 2025) to prepare and file a 2023-24 self-assessment (SA) tax return.In their post they say:"More than 3.5 million taxpayers have already beaten the clock and submitted their returns. HMRC is reminding others that starting…
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Will the Budget increase employment costs?

Employers' NICThere is ongoing speculation about potential increases in employers' National Insurance Contributions (NICs). While the government is under pressure to raise additional revenue to address fiscal challenges, increasing employer NICs has been floated as one option, particularly as the government has pledged not to raise income tax, VAT, or employees' National Insurance for individuals.However,…
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Common sources of investment funding for SMEs

Small UK businesses have a variety of investment sources available, depending on their needs and stage of development. Here's a look at some of the most common options.Personal Savings Many entrepreneurs start by using their own savings or money from friends and family. While this approach avoids debt or giving up equity, it does come…
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