Every year, criminals target charities, NGOs and not-for-profits for cybercrime and fraudulent activities as they exploit the current global crisis. Charity fraud can occur in many forms and come from internal and external sources, such as fundraising, banking, tax and Gift Aid, properties and investments or charity identities. Trustees must manage resources responsibly and take

The Government estimates that new obligations placed on employers under the Employment Rights Bill could result in substantial compliance costs – totalling around £5 billion. The Bill will introduce a ban on many zero-hour contracts and extend day one employment rights across several areas, such as protection from unfair dismissal and parental leave. For employers,

Recent research by Three Business indicates that tech-enabled SMEs could add an impressive £79 billion to the UK economy over the next year. Technology is clearly a key driver and enabler of growth for businesses. Despite this, their research also revealed a notable 42 per cent of SMEs worry that the complexities of adopting new

In Chancellor Rachel Reeves’ 2024 Autumn Budget, she announced over £40 billion of tax increases, as the Government attempts to fill a £22 billion gap in public finances. The headline measure was a rise in employer National Insurance Contributions (NICs), from 13.8 per cent (where applicable) to 15 per cent. The Chancellor also reduced the

Today the Chancellor Rachel Reeves announced an immediate change in the rate of Stamp Duty Land Tax (“SDLT”) on the purchase of additional residential properties. These measures will take effect for all transactions entered into on or after 31 October 2024. When does the higher rate apply? When an individual purchases an additional residential property

Capital allowances are a great way to reduce your tax liabilities by claiming deductions on certain property-related expenses. They allow you to offset the cost of capital expenditure – plant, machinery and certain fixtures – against your taxable profits, especially if you have invested in commercial properties or made major improvements. Who is eligible to