There was undoubtedly some good news for business owners, although few specific tax incentives for business owners to invest. Jonathan Hickman (BDO) reports.
It has been another tough year for business owners and good news stories have been few and far between – but last week was rather better.
With inflation on the march for the first time in many years and energy costs a major concern for all SMEs perhaps the most important news last week came out on Thursday with the announcement of the Energy Bill relief scheme that will run from 1 October to 31 March 2023 and which limits businesses’ energy price increases under any contract entered into after 1 April 2022.
Then on Friday in his ‘mini-Budget’ the new chancellor confirmed many of the tax cuts that his boss had promised during the Conservative leadership campaign – and a few more...
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There was undoubtedly some good news for business owners, although few specific tax incentives for business owners to invest. Jonathan Hickman (BDO) reports.
It has been another tough year for business owners and good news stories have been few and far between – but last week was rather better.
With inflation on the march for the first time in many years and energy costs a major concern for all SMEs perhaps the most important news last week came out on Thursday with the announcement of the Energy Bill relief scheme that will run from 1 October to 31 March 2023 and which limits businesses’ energy price increases under any contract entered into after 1 April 2022.
Then on Friday in his ‘mini-Budget’ the new chancellor confirmed many of the tax cuts that his boss had promised during the Conservative leadership campaign – and a few more...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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