BLOG
Make 2025 the Year You Start Your Business
A New Year brings new opportunities, and for many, it’s the perfect time to act on the dream of starting their own business. If launching a business is on your list of New Year’s resolutions, you’re not alone—2025 could be the year that changes everything for you.
At Exchange, we’re here to guide you every step of the way, ensuring that your new venture is built on a solid foundation. From developing your business plan to managing your finances and taxes, our Start-Up Business Package is tailored to make your entrepreneurial journey as smooth and stress-free as possible.
Tax-Saving Methods for Businesses as Christmas Approaches
As the festive season approaches, businesses often face an increase in spending on staff celebrations, gifting, and other year-end expenses. However, there are several tax-saving opportunities available to businesses, especially in the run-up to Christmas. From staff parties to gifting, businesses in Northern Ireland can benefit from tax relief and deductions that can help reduce the financial impact of seasonal spending.
How Higher Minimum Wage Rates and Budget Changes Will Affect Small Businesses and Take-Home Pay
The Autumn Budget 2024 has introduced several measures aimed at improving wages and employee welfare, including significant increases to the National Minimum Wage (NMW) and changes to National Insurance contributions. While these measures aim to benefit employees and improve disposable income, they also bring new challenges for employers—particularly small businesses. Here’s a breakdown of how these changes will impact both employers and employees, and some strategies to manage these transitions effectively.
Implications of Pension Changes in the 2024 Budget: What You Need to Know
The 2024 Autumn Budget introduced significant changes to pension rules, marking a shift in how inherited pension pots are taxed. These changes could have substantial implications for retirees, pension savers, and those engaged in estate planning. Here’s what you need to know about the new measures and how they could affect your long-term financial plans.
How the Budget Supports Sustainable Business: Green Incentives and Environmental Funding
The Autumn Budget unveiled several measures aimed at promoting sustainability and addressing the climate crisis. With an emphasis on renewable energy, environmental funding, and green incentives, the budget signals significant opportunities for businesses aiming to align with sustainability goals.
How Changes to Agricultural Relief Will Impact Farmers and Landowners
In the recent Autumn Budget, Chancellor Rachel Reeves announced significant changes to inheritance tax (IHT) relief for agricultural property. This has raised concerns in the agricultural community, particularly among farmers, landowners, and rural estate planners. The key change is the introduction of a £1 million exemption cap on agricultural property relief (APR), which will come into effect from April 2026.
Understanding Dividend Tax Changes: What Shareholders and Investors Need to Know
The recent Autumn Budget delivered by Chancellor Rachel Reeves includes some notable changes to the taxation of dividends, impacting both shareholders and investors alike. As the government seeks to raise funds for public services and economic support measures, dividend taxation has become one of the key areas of focus.
Stamp Duty Changes and the Impact on First-Time Buyers and Property Investors
The recent Autumn Budget delivered by Chancellor Rachel Reeves introduced several key changes to Stamp Duty, the tax paid when purchasing property above certain value thresholds in the UK. These changes have the potential to significantly impact both first-time homebuyers and property investors.
In-Depth Analysis: Changes to Inheritance Tax in Rachel Reeves’s Autumn Budget
Chancellor Rachel Reeves’s first Autumn Budget brought a range of changes to UK tax policy, with a particular emphasis on reshaping inheritance tax (IHT) rules. The revised IHT regulations reflect the government’s commitment to raise funds for public services and invest in the economy, but they could also have significant implications for many individuals and businesses. This article delves into the key changes to inheritance tax announced in the budget, the rationale behind these adjustments, and what they could mean for estates, individuals, and business owners.
Chancellor Rachel Reeves’s Autumn Budget: Key Takeaways for Young Professionals and Business Owners
Chancellor Rachel Reeves recently unveiled her first budget, packed with a series of measures aimed at raising over £40 billion to bolster public services and support investment. While the spotlight is on business-related tax increases, these measures will indirectly impact young professionals, limited companies, and SMEs. Here’s a breakdown of the key points and how they might affect you.
Understanding National Insurance Changes from the Autumn Budget
In Chancellor Rachel Reeves’ recent Autumn Budget, significant changes to National Insurance were announced, poised to have a considerable impact on employers and the broader economic landscape.
Your Guide to the Autumn Budget 2024
Here are some of the main announcements from the UK Autumn Budget.
The Autumn Budget 2024: What You Need to Know and How It Could Affect You
As the UK gears up for the Autumn Budget, scheduled for Wednesday, 30th October 2024, the financial world is buzzing with speculation about the potential changes and how they might impact individuals and businesses alike.
Everything You Need to Know About Claiming Pension Tax Relief
As tax season rolls around, it’s essential to ensure your finances are in order to avoid unnecessary stress and take advantage of every opportunity to save. Our expert tax team at Exchange Accountants has put together their top tips to help you streamline your tax return and maximise your savings.
Top Tips from Our Tax Team
As tax season rolls around, it’s essential to ensure your finances are in order to avoid unnecessary stress and take advantage of every opportunity to save. Our expert tax team at Exchange Accountants has put together their top tips to help you streamline your tax return and maximise your savings.