Thursday, May 2, 2024

Streets Chartered Accountants covers tax investigations, the cost of living crisis, the Budget and more in new news roundup

Streets Chartered Accountants covers tax investigations, the cost of living crisis, gets ready for the Budget and more in its new news roundup.

Peace of mind in 2023 when it comes to your tax affairs – we are concerned that you may not be currently protectedWith the 31st January self-assessment deadline for filing returns having just come and gone, tax matters are probably very much still on the minds of many. Perhaps less so is the potential impact that a tax enquiry or investigation might have on us as an individual or on our business. Whilst we all want to ensure our affairs are in the best order, there is a real risk that the Revenue can instigate an investigation or enquiry.

Webinar: The Budget 2023 – what will it mean for you?The Chancellor, Jeremy Hunt, will present his Spring Budget in the House of Commons on Wednesday 15th March 2023. Following the announcements, Streets will be holding a special webinar on Thursday 16th March, 11am till 12noon. Streets will provide details of the announcements along with guidance on what they may mean for businesses and individuals.

What are your customers doing differently in light of the cost-of-living crisis?

With the rate of inflation having seemingly or hopefully peaked at a 40 year high and with Prime Minster Rishi Sunak’s announcement that he seeks to half the rate of inflation by the end of the year, we might start to feel some sense of easing in the cost of living. However, against this backdrop many households and businesses are still feeling the financial impact of the pandemic. This is aside from the fact that salaries are not keeping pace with inflation.

Watch again: Payroll & HR Update 2023Last week Streets hosted its Annual Payroll & HR Update to keep you informed of the issues and changes affecting payroll management, the tax implications around staff employment and remuneration and also some broader HR matters that may concern employers now and in the year ahead. If you missed it and would like to catch up you can watch the recording by clicking the title above.

Podcast: connections and support at the heart of entrepreneurial successThis episode of The Streets Sessions features Charlotte Kirton-Cook and Reece Leggett from the University of Lincoln’s Research and Enterprise team, who talk about the University’s work in supporting and nurturing start-up businesses and entrepreneurial scale-ups. The podcast also explores the role of a new network, ‘Entrepreneurs Connect’, set up in conjunction with Streets to support entrepreneurs and share knowledge and experience.

Entries are now open for the Midlands Family Business Awards 2023!As accountants and tax advisers looking after family businesses, Streets are once again supporting these Awards and entries are now open! Streets are continuing to sponsor the People’s Choice Award which is a category that all finalists are automatically entered into and is decided by public vote! Good luck!

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