Archive:December 2023

As a business owner or as a self-employed person, you may have costs from time to time
for training. It may be for yourself or for an employee. Some businesses may have found it hard to understand the current guidance on which training
costs are tax-deductible. So, you may be pleased to know further guidance is set to come in this area. HMRC has said it will be coming forward with
clarifications.
HMRC says the new guidance will help businesses to be “confident that updating existing skills or maintaining pace…

Many of you will have watched the Chancellor Jeremy Hunt delivering
his Autumn Statement a few weeks ago. You may have watched the whole speech or just seen clips on news programmes later in the day.
As always, many announcements were made and there was plenty to digest.
The actual statement is the bit most people are familiar with, but what happens next? What’s the process? Which announcements are set
to become reality and how soon?
Whenever a government announces new taxation in a Budget or Spring or Autumn Statement,…