This week’s Budget ushered in a large number of tax reforms as Chancellor Rachel Reeves seeks to balance the Treasury’s books. Here experts from law firm Thrings look at some of the key changes. Inheritance Tax The inheritance tax (IHT) threshold freeze remains for a further two years to 2030. That means the first...
A Bath CleanTech spin-out business will be vying for investment of £1.5m at a high-profile event aimed at shaping the tech investment landscape. LabCycle will line up against 19 other firms at Investment Futures in London, which will also feature panel and roundtable discussions on a range of sector-related topics. The event is being staged...
The sweeping fiscal changes announced by Chancellor Rachel Reeves in her Budget will hit SMEs and business owners hard as the government seeks to plug a ‘£22bn black hole’ in the public purse. In one of the most hotly anticipated Autumn Budgets in recent years, the Chancellor announced the government’s plan to achieve its...
Each week Bath accountancy firm Pearson May teams up with Bath Business News to bring you the top national finance stories. this week we run the rule over Labour’s first Budget in nearly 15 years. Autumn Budget 2024: Business changes Employers face higher National Insurance contributions. Click here for more details. Autumn Budget 2024: Tax measures summary The Budget introduced...
Tax rises in the Budget aimed at companies could slow much-needed economic growth and undermine investment decisions, the region’s largest business organisation fears. Business West, the organisation behind Bath Chamber of Commerce, said it recognised that the Chancellor faced a tight fiscal position and had to make hard decisions. But it added that it was...
Chancellor Rachel Reeves started her Budget speech by saying the country voted for change on 4 July. As a result, the Labour government could now “fix the foundations”. The way to ensure growth was to “invest, invest, invest”, she added. In total, the Budget will raise taxes by £40bn. The key points from the Budget...
South West accountancy, tax and business advisory firm Milsted Langdon has promoted Martin Johnson to partner, recognising his dedication and extensive expertise having joined in 2007 as an apprentice. During his 17 years at the firm, which has an office in Bath, Martin, pictured, has worked in a range of roles, most recently as general practice...
People against Poverty (PaP) has just held its 2023-24 AGM and annual celebration for supporters at which it presented a bold strategy for growth for 2025. Despite being small charity, PaP supports 18 projects across six countries – the UK, Haiti, India, Malawi, Romania and Tanzania – and has helped thousands of people on...
Business confidence in the South West has improved and remains firmly in positive territory amid strong domestic sales growth, according to new research. Published less than a week before one of the most important Budgets for a generation, the quarterly survey of chartered accountants in the region paints a more upbeat picture than many...
Bath-headquartered specialist funder Time Finance has appointed Sion Street as a business development manager in its invoice finance team. In his new role Sion, pictured, will build his network of introducers across the South West and Wales by providing their business clients with the essential funding they need to thrive. He joins Time Finance,...
