On the 30th of October 2024, Chancellor Rachel Reeves introduced measures to increase Employer National Insurance Contributions (NICs) as part of the Autumn Budget. This increase, combined with additional employment-related costs, has significant implications for...
Download your Autumn Budget Summary Report here Yesterday, Chancellor Rachel Reeves announced £40bn of tax rises. Some of these increases will significantly affect employment costs for SMEs from April 2025. Download our Autumn Budget Summary Report for a full round-up...
The Statutory Residence Test (SRT) is a set of rules that determine whether an individual is considered a resident in the UK for tax purposes. Introduced in April 2013, it provides clear guidelines based on an individual’s connections to the UK and the amount of time...
Self-assessment can seem daunting, especially for high-net-worth individuals with complex income streams. With so many misconceptions circulating, it’s important to separate fact from fiction to avoid unnecessary stress, missed deadlines, and potential penalties. In...
Alphabet shares can be an attractive option for SMEs looking to tailor their ownership structure to meet diverse shareholder needs. They allow companies to tailor dividends to the financial and personal circumstances of each shareholder, potentially optimising tax...
At Harold Sharp, we understand the importance of offering valuable benefits to your employees while maintaining tax efficiency. We know that even small, sundry benefits can significantly enhance employee satisfaction and loyalty (we looked at this in some detail in...