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Labour’s first Budget in 14 years

Labour’s first Budget in 14 years
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When talking about the public finances the numbers sound big. And rest assured, that really is a very big number.   The government announced its aims were to tackle economic inactivity, and expand opportunities for small and medium sized businesses.  That there will be increased funding for science, and investment in carbon capture and storage. […]

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Senedd passes Bill to reform local tax system in Wales

Senedd passes Bill to reform local tax system in Wales
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The Local Government Finance (Wales) Bill establishes a series of changes to improve the tax systems. It will make them fairer and work better for the future needs of Wales, by ensuring local taxes reflect economic circumstances more regularly. For non-domestic rates (also known as business rates), the Bill will: increase how often the values of all […]

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Labour’s Big Ideas… Are They Actually Thinking?

Labour’s Big Ideas… Are They Actually Thinking?
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The Labour  Goverment’s plan to overhaul business rates by linking them to land value instead of the current rateable value has both potential benefits and challenges. Potential Benefits: Fairness: It could create a fairer system by ensuring that businesses with valuable land contribute more, potentially easing the burden on smaller businesses. Support for High Streets: […]

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2024 Election… is it time for change? Will the Election bring it?

2024 Election… is it time for change? Will the Election bring it?
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A General Election will take place on 4th July, and businesses continue to call focus to be on getting the UK economy working again.  But what might Election mean for businesses? The implications a that new Government could mean are: TAX Business Rates Labour has long talked of its planned “significant changes” to business rates […]

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