AIA transitional limit extended
The Annual Investment Allowance (AIA) is a capital allowance that enables you to claim an immediate deduction against your profits for qualifying capital expenditure up to the available limit. The…
Budget highlights
The Chancellor presented his Autumn Budget and Spending Review on 27 October 2021. Some of the highlights are discussed below. Income tax rates and thresholds The rates and thresholds applying…
British Business Bank provided £80.5 billion of COVID-19 support
COVID-19 emergency finance schemes offered £80.5 billion of finance to almost 1.7 million businesses through the British Business Bank (BBB) during the last financial year. This support, which is not…
Government announces plans to make requesting flexible working a day one right
UK workers could get more choice over when and where they work under new proposals to make the right to request flexible working a day one entitlement. The government will…