Blog
Keep up to date with our latest Industry Insights
With so many changes happening in our day-to-day lives, it’s comforting to know you can turn to a valuable resource to keep you updated on all the things which may affect your business.
Are you a Rural Business thinking of diversifying into Solar Generation and Battery Storage?
With the ever-increasing push for green credentials, the UK renewable energy market is expanding, and many farmers are now facing the opportunity of diversifying or letting land for solar or battery storage.
bennettbrooks team attend the BESS annual scientific meeting
We have extensive experience supporting clients working within the NHS and private healthcare sectors including,
GP Partners
GP Locums
NHS Consultants
Medical Societies
Private Practices and Groups
Allied Healthcare professionals
Dentists
Care homes
Is Tax payable on compensation following pension transfer advice?
There is no general guidance for the taxation of compensation for mis-selling and the tax treatment of compensation payments is a complex area which has given rise to a substantial number of tax cases.
A recent change to Trust and Estates Tax
A welcome change was announced in the March budget that you may have missed. Trusts and Estates with income less than £500 will no longer have to pay income tax.
National Insurance: A reminder to check your record
National Insurance: An important reminder to check your record
If you are a Director/Shareholder of a Company taking salary and dividends there are some tax changes coming in April that you need to consider
If you are a Director/Shareholder of a company there are some important tax changes taking place this 5 April that you should be aware of when considering dividends v salary planning.
SEIS Investments – Changes announced in the recent Spring Budget could affect investors
Our Tax Director, Mary Tierney updates on how changes announced in the Autumn and confirmed in the Spring Budget could affect SEIS investors.
Corporation Tax: A reminder about the Annual Investment Allowance and the Structures and Buildings Allowance
Following the mini-Budget 2022, the Annual Investment Allowance (AIA) will remain at £1 million for the foreseeable future. It is always useful to review your capital expenditure prior to your company’s year end to see if there is benefit in accelerating the commitment to any expenditure.
Corporation Tax: How to benefit from Investment Zones
The mini-Budget 2022 announced the government will be working with 38 areas across the country to introduce Investment Zones. Similar zones may be introduced in Scotland, Wales and Northern Ireland but this is yet to be confirmed.
Corporate Tax: Super deduction coming to an end on 31 March 2023
From 1 April 2021 to 31 March 2023, a super deduction at 130% is available on most new plant and machinery expenditure that would ordinarily qualify for writing down allowances at the main rate of 18%.
Corporation Tax: Reminder about current rules for carrying back trading losses
There is a temporary extension to the carry back of trading losses from one year to three years, with the carry back being against later years first.
Corporate Tax: Associated company rules
The associated company rules in themselves are not new, but a reminder is helpful as, from 1 April 2023, the associated company rules will apply.
Harnessing your ambition
Let's begin our journey together – get in touch today to find out what we can do to make your business more profitable and achieve it's goals.
