If you're a business owner, you've probably heard the term "full expensing" but may not fully understand what it entails or its benefits. In this blog, we'll explore what full expensing is and how it can help reduce the tax burden on companies by providing tax relief on qualifying investments, ultimately offering both short and long-term benefits for UK businesses.
On 22nd November 2023, Mr Hunt presented the Autumn Statement 2023 alongside the Office for Budget Responsibility's (OBR) economic and fiscal outlook. The DSA Prospect team delves into the details of Chancellor Jeremy Hunt's recent Autumn Statement.
Starting a business requires careful planning, strategic decision-making, and most importantly, validation. Director Nick Longford discusses the significance of testing your business idea and gaining real-world insight before investing in a start-up.
Transitioning your business from a start-up to scale-up can be an exciting journey filled with new prospects and opportunities. However, it's important to acknowledge that the path to growth is accompanied by a unique set of challenges that entrepreneurs must overcome.
Are you looking to boost your tax relief while supporting SMEs? The government-approved Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are designed to do just that - but how does it work?
For small and medium-sized enterprises (SMEs), acquiring the necessary capital for expansion can be the make-or-break factor when it comes to their success. Fortunately, the EIS and SEIS schemes offer a financial lifeline for businesses looking to scale-up.
Family Investment Companies (FICs) have become an increasingly popular wealth management solution for families in the UK. By setting up a FIC, you can benefit from tax efficiencies, asset protection, and the ability to pass on your wealth to future generations.
The arrival of tax season always seems to catch us off guard, and if you're anything like most people, you may not have completed your tax return yet. However, this delay not only increases the risk of late penalties but also means that you may be missing out on potential opportunities to reduce your tax exposure.