News and Insights

Latest News

  • 25
  • May
The UK is Set to Plummet 16 Places in the Global CT League Table

The UK Government’s decision to put up Corporation Tax from 19% to 25%, taking effect from next April, will cause the country to fall 16 places on the global ‘league table’ for corporate tax, fr…

  • 20
  • May
Fisheries and Seafood Scheme Relaunched

Marine Management Organisation Relaunch the Fisheries and Seafood Scheme The Marine Management Organisation (MMO) has relaunched the Fisheries and Seafood Scheme to safeguard the long-term sustainabil…

  • 16
  • May
How did business groups respond to the Queen’s Speech?

  With the latest State Opening of Parliament taking place amid considerable economic uncertainly brought on by such factors as escalating inflation, cost-of-living pressures, and the continuing …

  • 16
  • May
Only about half of UK SMEs ‘are actually profitable’

  With the last year or so having seen the widespread removal of coronavirus restrictions, many small-to-medium-sized enterprises (SMEs) in the UK might have reasonably hoped that 2022 would be a…

  • 9
  • May
Big high-street names and independent retailers both “open to the possibility” of an Online Sales Tax

Independent shops have written to the UK’s Chancellor of the Exchequer, Rishi Sunak, expressing their openness to the notion of an Online Sales Tax (OST), as a potential solution for funding a major…

  • 3
  • May
Rapid drop in UK retail sales as consumers worry about escalating energy costs

While the cost-of-living crisis has long been far from an abstract concept for many people – the impacts being very much felt in their living standards – we are now starting to see many of those i…

  • 3
  • May
Business figures react to Government decision to not impose further post-Brexit import checks

Key observers from across UK business have given a largely positive reception to the Government’s announcement that it will not put in place additional checks on goods arriving in the UK from the Eu…

  • 22
  • Apr
More than a third of SMEs in the UK unsure how they will be impacted by Making Tax Digital

Over a third of the UK’s small-to-medium-sized enterprises (SMEs) are unsure how the UK Government’s Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) plan will affect them, as HM R…

  • 14
  • Apr
Changes to National Insurance Contributions – How Does it Affect Company Directors?

The changes in National Insurance Contributions (NIC) that came into force in April 2022 impact directors and employees. The increase in NIC affects employers and employees in different ways, but how …

  • 13
  • Apr
UK labour market ‘grew at fastest rate since before the pandemic’ in March

While many questions continue to be asked about what effects the cost-of-living crisis and the war in Ukraine will likely have on the economy and jobs situation in the UK, there was at least good news…

  • 12
  • Apr
The Best Dividends and Salary Combinations for 2022/23

The tax rates and allowances for the new tax year have already been published, and the National Insurance contributions have been shrouded in controversy. Which leaves us questioning, what is the best…

  • 7
  • Apr
Small-business tax cut ‘worth up to £1,000’ takes effect – but a ‘perfect storm’ puts many firms in peril

You probably won’t need an accountant in Devon or Somerset from our own team at TS Partners to tell you that these are pressured times for ‘UK plc’ – indeed, your firm is likely to have had pl…

  • 6
  • Apr
‘Four in 10’ UK Small Businesses Intending to Recruit New Staff During 2022

With each passing day, it seems that more evidence is filtering through of rising business optimism in the UK. One such indicator of this is an article from Business Leader, citing a private equity ho…

  • 4
  • Apr
Manufacturers in South West England ‘lead the UK for job creation in 2022’

The findings of a new quarterly survey, as reported by the BusinessLive website, have revealed that the manufacturing sector in the South West has enjoyed a strong start to 2022, and is even leading t…

  • 23
  • Mar
Has the UK Government taken the right approach with its new tax on plastic packaging?

A preoccupation of many a company working alongside a chartered tax adviser in South West England at the moment, is the UK’s new plastic packaging tax, or PPT. The new tax takes effect from 1st Apri…

  • 8
  • Mar
UK Government publishes early-stage consultation on possible Online Sales Tax

On 25th February, HM Treasury confirmed that the UK Government had set out an early-stage consultation in relation to the potential implementation of an Online Sales Tax (OST), considering reasons bot…

  • 4
  • Mar
Game Developers are Hopeful for 2022 – New TIGA Research

Research conducted by The Independent Game Developers’ Association (TIGA) in December 2021 shows that almost three-quarters of UK games companies are expecting to see the industry grow in 2022.…

  • 2
  • Mar
Maximise Your R&D Credit Claim – Plan Ahead!

Claiming for an R&D Tax Credit can be a long and complicated process. However, planning ahead can make the whole process much easier. We’ve all been guilty of it, we rush into a new project …

Latest News

  • 25
  • May
The UK is Set to Plummet 16 Places in the Global CT League Table

The UK Government’s decision to put up Corporation Tax from 19% to 25%, taking effect from next April, will cause the country to fall 16 places on the global ‘league table’ for corporate tax, fr…

  • 20
  • May
Fisheries and Seafood Scheme Relaunched

Marine Management Organisation Relaunch the Fisheries and Seafood Scheme The Marine Management Organisation (MMO) has relaunched the Fisheries and Seafood Scheme to safeguard the long-term sustainabil…

  • 16
  • May
How did business groups respond to the Queen’s Speech?

  With the latest State Opening of Parliament taking place amid considerable economic uncertainly brought on by such factors as escalating inflation, cost-of-living pressures, and the continuing …

  • 16
  • May
Only about half of UK SMEs ‘are actually profitable’

  With the last year or so having seen the widespread removal of coronavirus restrictions, many small-to-medium-sized enterprises (SMEs) in the UK might have reasonably hoped that 2022 would be a…

  • 9
  • May
Big high-street names and independent retailers both “open to the possibility” of an Online Sales Tax

Independent shops have written to the UK’s Chancellor of the Exchequer, Rishi Sunak, expressing their openness to the notion of an Online Sales Tax (OST), as a potential solution for funding a major…

  • 3
  • May
Rapid drop in UK retail sales as consumers worry about escalating energy costs

While the cost-of-living crisis has long been far from an abstract concept for many people – the impacts being very much felt in their living standards – we are now starting to see many of those i…

  • 3
  • May
Business figures react to Government decision to not impose further post-Brexit import checks

Key observers from across UK business have given a largely positive reception to the Government’s announcement that it will not put in place additional checks on goods arriving in the UK from the Eu…

  • 22
  • Apr
More than a third of SMEs in the UK unsure how they will be impacted by Making Tax Digital

Over a third of the UK’s small-to-medium-sized enterprises (SMEs) are unsure how the UK Government’s Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) plan will affect them, as HM R…

  • 14
  • Apr
Changes to National Insurance Contributions – How Does it Affect Company Directors?

The changes in National Insurance Contributions (NIC) that came into force in April 2022 impact directors and employees. The increase in NIC affects employers and employees in different ways, but how …

  • 13
  • Apr
UK labour market ‘grew at fastest rate since before the pandemic’ in March

While many questions continue to be asked about what effects the cost-of-living crisis and the war in Ukraine will likely have on the economy and jobs situation in the UK, there was at least good news…

  • 12
  • Apr
The Best Dividends and Salary Combinations for 2022/23

The tax rates and allowances for the new tax year have already been published, and the National Insurance contributions have been shrouded in controversy. Which leaves us questioning, what is the best…

  • 7
  • Apr
Small-business tax cut ‘worth up to £1,000’ takes effect – but a ‘perfect storm’ puts many firms in peril

You probably won’t need an accountant in Devon or Somerset from our own team at TS Partners to tell you that these are pressured times for ‘UK plc’ – indeed, your firm is likely to have had pl…

  • 6
  • Apr
‘Four in 10’ UK Small Businesses Intending to Recruit New Staff During 2022

With each passing day, it seems that more evidence is filtering through of rising business optimism in the UK. One such indicator of this is an article from Business Leader, citing a private equity ho…

  • 4
  • Apr
Manufacturers in South West England ‘lead the UK for job creation in 2022’

The findings of a new quarterly survey, as reported by the BusinessLive website, have revealed that the manufacturing sector in the South West has enjoyed a strong start to 2022, and is even leading t…

  • 23
  • Mar
Has the UK Government taken the right approach with its new tax on plastic packaging?

A preoccupation of many a company working alongside a chartered tax adviser in South West England at the moment, is the UK’s new plastic packaging tax, or PPT. The new tax takes effect from 1st Apri…

  • 8
  • Mar
UK Government publishes early-stage consultation on possible Online Sales Tax

On 25th February, HM Treasury confirmed that the UK Government had set out an early-stage consultation in relation to the potential implementation of an Online Sales Tax (OST), considering reasons bot…

  • 4
  • Mar
Game Developers are Hopeful for 2022 – New TIGA Research

Research conducted by The Independent Game Developers’ Association (TIGA) in December 2021 shows that almost three-quarters of UK games companies are expecting to see the industry grow in 2022.…

  • 2
  • Mar
Maximise Your R&D Credit Claim – Plan Ahead!

Claiming for an R&D Tax Credit can be a long and complicated process. However, planning ahead can make the whole process much easier. We’ve all been guilty of it, we rush into a new project …