Be prepared for changes to Capital Gains Tax thresholds
The exemption for paying Capital Gains Tax (CGT) is changing. The CGT annual exemption will fall from £12,300 to £6,000 from April 2023, before being cut in half again to…
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Maximising your pension payments for later life
Just relying on your state pension in later life could leave you suffering a threadbare retirement. The current State Pension stands at just £185.15 a week, as of December 2022….
Is it the right time to invest in gilts?
Given the pandemonium around the gilts market after the Mini-Budget in September, it would seem that investors would naturally shy away from Government bonds. But as the dust settles and…
Macalvins joins PrimeGlobal
We are delighted to announce that Macalvins has become a member of PrimeGlobal, an award-winning association of independent accounting and business advisory firms. PrimeGlobal includes more than 300 highly successful…
International business support for Hong Kong citizens settling in the UK
As more and more Hong Kong citizens settle in Britain, a survey found 42.5 per cent plan to start their own businesses here. Most (74.4 per cent) are in the…
How do VAT schemes work?
It is compulsory for businesses to register for VAT if your taxable turnover for the previous 12 months is over £85,000. There are several VAT schemes that aim to simplify…