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Hi-Tech Automation – 12 months into Employee Ownership

Employee Ownership is where the whole or part of a Company is owned by, or on behalf of, its employees. The government introduced some new and relatively generous tax reliefs for employee-owned companies in 2014 and since then Employee Ownership Trusts (“EOTs”) have...

UK company size thresholds to increase

To cut complexity and burdens from legislative reporting requirements, the thresholds for company sizes in the UK are being increased by 50%. Following the Spring Budget, it has been announced by the Prime Minister Rishi Sunak that the company size thresholds will be...

The tax year ends on 5th April each year, why is this?

Well you can blame the Romans, especially Julius Caesar and Europe. Back in 1582 the Pope Gregory X111 commanded the change from the Julian calendar as there was a problem.  It ran for 30 or 31 days for 11 months and it was only February that had 28 days (29 every 4...

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Hi-Tech Automation – 12 months into Employee Ownership

Employee Ownership is where the whole or part of a Company is owned by, or on behalf of, its employees. The government introduced some new and relatively generous tax reliefs for employee-owned companies in 2014 and since then Employee Ownership Trusts (“EOTs”) have...

UK company size thresholds to increase

To cut complexity and burdens from legislative reporting requirements, the thresholds for company sizes in the UK are being increased by 50%. Following the Spring Budget, it has been announced by the Prime Minister Rishi Sunak that the company size thresholds will be...

The tax year ends on 5th April each year, why is this?

Well you can blame the Romans, especially Julius Caesar and Europe. Back in 1582 the Pope Gregory X111 commanded the change from the Julian calendar as there was a problem.  It ran for 30 or 31 days for 11 months and it was only February that had 28 days (29 every 4...