“There’s no shortage of remarkable ideas, what’s missing is the will to execute them.” Seth Godin
6 June 2022
Currently, there is a single rate of corporation tax of 19%. However, from April 2023, the main rate of corporation tax will increase to 25%. Companies with profits not exceeding £50,000 will continue to use the small profits rate of 19%. This change will have a significant impact on the decision to incorporate going forward
Every week we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely as everyone’s circumstances are particular to them.
What drives you? Where does your motor get its power? There are libraries of books written about everything from goal setting to motivation. No point adding to them. But, many years ago I distilled what it was that drove me. I think it dates right back to childhood when I always liked that feeling of