News
A round up of our latest blogs, commentary or office news. Get in touch if you need more details on any of the topics covered.
Latest posts
Inheritance Tax and Business Property Relief
How will the changes to Business Property Relief affect your Inheritance Tax bill? If you hold shares in your trading company or an interest in a partnership or sole trader, from 6 April 2026 you are likely to pay 20% inheritance tax on the value of your holding or interest above £1m. Why? Because of the changes to Business Property Relief announced in the Autumn Budget.
Autumn Budget Report
Read our Autumn Budget Report here. The Budget measures aimed to raise over £40bn in taxes, by far the lions share coming from an increase in Employer’s National Insurance Contributions (ERNIC).
Payroll Guidance
An update on the latest payroll guidance, including Employment Allowance, the King’s Coronation, Holiday Pay, National Minimum Wage and statutory rate changes.
Spring Budget 2023 Summary Report
You can read our full report summarising the Spring Budget 2023 here.
Spring Budget 2023
The headlines from the Spring Budget 2023, including the replacement for the super-deduction, pension reforms and childcare reform.
Bates Weston Corporate Finance act in sale of Witham Valley Care Group to Choice Care Group
Bates Weston Corporate Finance act in sale of Lincolnshire based care operator to Choice Care Group
National Insurance Contributions Record
Check your National Insurance Contributions record before 5 April 2023
Year End Tax Planning Guide 2023
As the self-assessment tax filing deadline has passed, it’s now time to check your plans are tax efficient for the tax year ending 5 April 2023.
Energy Bills Discount Scheme
A summary of the Energy Bills Discount Scheme, the less generous replacement for the Energy Bill Relief Scheme from April 2023.
Increasing interest rates on overdue tax
The impact of rising interest rates on overdue tax charges, particularly costs associated with late payment of tax and paying Corporation Tax by instalments.
What is a holding company?
Craig Simpson, Tax Partner at Bates Weston, provides a brief guide to the holding company, including its purpose and how to put one in place.
Profit Extraction
What do the changing tax rates and allowances announced in the November 2022 Budget mean for profit extraction from your company?
Summary of Autumn Statement 2022
Summary report on the Autumn Statement delivered by the Chancellor 17 November 2022
Autumn Statement 17 Nov 2022
The headline tax rises the Chancellor announced in his Autumn Statement to Parliament on 17 Nov 2022