Insights

PPT is due to come into effect from 1 April 2022 – are you ready? On 21 March 2022 the Government confirmed that the Plastic Packaging Tax Guidance now has […]

There could be many upcoming opportunities for manufacturers and transport & logistics businesses, as the UK’s new freeports begin to open up. Relocating to these special economic zones can be […]

On the 1st April 2022, the plastic packing tax is due to be introduced, this is one of a number of tax changes that could have a significant financial impact […]

After a tough few years, manufacturers are working their way along the road to recovery. Owner managers can take advantage of the perfect opportunity to strengthen their business’ performance and […]

Further to the below, HMRC have announced that the current customs arrangements for goods moving from Northern Ireland and the Republic of Ireland, to Great Britain, will be extended, for […]

One of the biggest changes we will see in payroll for 2022/23 are the National Minimum Wage (NMW) increases.  Chancellor Rishi Sunak said that the increase, “ensures we’re making work […]

The Annual Investment Allowance (AIA) gives businesses the opportunity to claim 100% capital allowances in the year of expenditure on qualifying capital assets. £1 million annual investment allowance extended to […]

Tax increases the Government may be devising in order to recover expenditure from dealing with the pandemic must be cautiously measured. This would aid in preventing further problems for manufacturers […]

There is no doubt that over the past 18 months, the COVID-19 pandemic and the Government’s restrictions and support packages have greatly impacted the manufacturing sector. The pandemic has brought […]

The Government’s recent decision to increase national insurance contributions (known as NIC) by 1.25 per cent from April 2022 has come at a difficult time for SMEs, many of which […]

What is R&D tax relief? A corporation tax relief introduced back in 2000 to incentivise innovative UK businesses to invest in R&D and create advances in science and technology. What […]

With the whirlwind of the last 18 months still at the front of everybody’s mind, the Government’s ever changing COVID-19 support packages and restrictions have been a direct influencer for […]

As they progress along the road to recovery, owner managers have the perfect opportunity to future-proof operating models and strengthen their business’ performance. Conducting a viability test, rather than reverting […]

Does business growth drive the evolution of its finance function, or vice-versa?  The evolution of a finance function from a basic compliance tool to an analytical machine (shaping decision-making and strategy) is key in driving the development, strength and resilience of a business.  Most organisations begin life with rudimentary finance processes and then build […]