Review property acquisition strategy Focus on primary properties: If you’re looking to expand your portfolio, consider investing in properties that will serve as residences for long […]
Evaluate the optimal timing of sale or closure Understand the new tax rates: With higher CGT rates, it’s essential to know the exact impact on your […]
Understand which corporation tax rate applies to you Review your profits: Corporation tax now varies by profit levels. For profits up to £50,000, the small profits […]
Review your budget and cash flow projections Update financial plans: Add the expected increase in business rates to your budget to avoid any surprises. Seeing the […]
Reassess your budget and cash flow Adjust forecasts: Include the higher NI contributions in your financial forecasts, factoring in both the increase in percentage, the lower […]
Adjust your budget and cash flow projections Update payroll projections: Calculate the wage increases across your team and incorporate this into your monthly and annual payroll […]
What is key person insurance? Also known as ‘keyman insurance’ or ‘keywoman insurance’, key person insurance is a form of life insurance which protects against the […]