August 2024

August 2024

Please find below our monthly newsletter with all the latest updates and?financial news that matters most to your business, family and personal interests. If you have any questions please do get in touch.


HMRC Launches VAT Registration Estimator for Businesses

HMRC has introduced a new digital tool designed to help businesses estimate the potential impact of VAT registration. ? Read more


Chancellor Announces Budget Date Amid Financial Warnings

The date of the next Budget has been announced, along with a warning about government finances. Read more


What to expect from the new Renters’ Rights Bill

The government has announced details of the Renters’ Rights Bill. This legislation will reform the private rented sector in England. Read more


20% VAT on Private School Fees

In her first comprehensive tax announcement?as Chancellor, Rachel Reeves confirmed that from the 1st January 2025, private school fees will be subject to 20% VAT. Read more


The 60% Tax Trap Explained

The number of taxpayers affected by the 60% tax trap has surged by nearly 25% over the past year. More than 500,000 people are now affected by higher tax rates. Read more


SMH in the community

SMH in the Community - August Round Up

We are delighted to share that the recent SMH Charity Golf Day in aid of Motor Neurone Disease Association (MNDA) was a resounding success, raising £12,018! ?

Read more


Testimonial


How can we help your business?

With many clients across the region, in all types of industries and sectors – can we help your business? If you are aware of any of our clients who would benefit from your services, or you would benefit from theirs then please contact us to see if we can make an introduction.?


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If you would like any further information about any of our articles, or any other financial matter please drop us?a?line on 0114 266 4432, email?[email protected]?or contact your local office. Visit our website for further information

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