HMRC has published new advisory fuel rates for company car users which take effect from 1 September 2024. The rates have decreased by 1p per mile for most petrol and diesel cars. Petrol and diesel cars with an engine size over 2000c have seen a larger decrease of 2p...
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Reasons to file your self assessment tax return early
It may be tempting to put off preparing your self-assessment tax return until later in the year. However, there are many benefits of submitting your tax return early and keeping on top of your tax affairs. Peace of mind Christmas can be a very busy time of year so...
Sole trader vs self employed explained
Sole trader vs self employed Working for yourself can be an appealing prospect as it provides you the opportunity to be in control of your own working life. If you are considering working for yourself you will need to consider whether you want to be self-employed or a...
Overcoming the manufacturing skills gap
The manufacturing sector is at a crossroads. A very innovative industry with undertaking significant technical advancement but struggling with growth limiting skills shortages. This is a problem that needs to be addressed as the potential of the manufacturing industry...
UK manufacturers expect growth in second half of 2024
UK manufacturers are looking forward to a good second half of 2024 as orders and output are expected to rise. Despite the challenges of a skills shortage, the sector is upbeat about its prospects. According to a recent Make UK survey, the trade body for manufacturing,...
Hawsons advise on Spawforths move to Employee Ownership
Hawsons Corporate Finance had the pleasure of supporting Spawforths, a masterplanning and architectural consultancy based in Wakefield during their transition into employee ownership. The Wakefield-based company works on an array of development projects, spanning from...
VAT on schools fees from January 2025
Private school fees will no longer be exempt from VAT from 1 January 2025. Anti-forestalling provisions will be in place from 29 July until 30 October 2024. This means that any pre-paid fees paid for the first term of the school year will continue be exempt from VAT...
New advisory fuel rates for company cars
HMRC has published new advisory fuel rates for company car users which take effect from 1 September 2024. The rates have decreased by 1p per mile for most petrol and diesel cars. Petrol and diesel cars with an engine size over 2000c have seen a larger decrease of 2p...
Reasons to file your self assessment tax return early
It may be tempting to put off preparing your self-assessment tax return until later in the year. However, there are many benefits of submitting your tax return early and keeping on top of your tax affairs. Peace of mind Christmas can be a very busy time of year so...
Sole trader vs self employed explained
Sole trader vs self employed Working for yourself can be an appealing prospect as it provides you the opportunity to be in control of your own working life. If you are considering working for yourself you will need to consider whether you want to be self-employed or a...