Tis the Season to Be Prepared: Self-Assessment and Festive Cheer

As the dust settles after a radical and potentially life-changing Budget for some, we’ve had time to consider the impact of what has been announced and how it will affect our clients.? Business owners will face additional overheads with the rise in National Insurance Contributions and the above-inflationary increase in the national minimum wage in 2025. And, the proposed capping of Inheritance Tax reliefs – particularly for generational family businesses - poses a major challenge; read more on this topic in our blog here.??

‘Tis the season to be jolly!?

We’ve been creative, making festive wreaths, donning colourful Christmas attire and indulging in too much chocolate and mince pies. If you are considering a festive treat for your team, read our blog on tax-free benefits here.

Please note that we’ll be closing the office from 5pm on Monday 23 December and reopening on Thursday 2 January 2025.?

We are incredibly proud of the support we've provided to local charities and the money we raised for Caring Together throughout the year. Take a look at what we got up to in 2024 here.?Next year the team has chosen to support the Befriending Network, a charity that provides companionship to the over 60s.?

Here's wishing you a Merry Christmas and a Happy New Year,?

Katie and Lawrence.

Resources to help you and your business

If you have any questions please email us at [email protected]