News

During the Spring Budget 2023 the Government announced the removal of the Lifetime Allowance (LTA) and in the 2023/2024 tax year we have seen the LTA Tax Charge being abolished.

4 October is ‘improve your office’ day. A day dedicated to the small changes that individuals can make to their office space to improve it.

We are living in a world where it is not unusual for both individuals and groups to actively look for ways to reduce our impact on the environment. For example, ‘Just Stop Oil’ has carried out a series of high-profile protests, including recently disrupting play at Wimbledon and Lords.

Community groups and local charities across Norfolk, Suffolk and East Cambridgeshire are being given the chance to share in a cash windfall, after a firm of chartered accountants and financial planners opened its community fund up for its annual grants round.

The long-delayed HMRC reforms which will see sole traders, partnerships and LLPs assessed for tax on a ‘tax year basis’ are finally due to come into effect in April 2024 – but those practices whose current accounting year-end does not coincide with the tax year need to start thinking about how they are going to cope with the change sooner rather than later.

Cloud accounting has revolutionised the way companies manage their finances and work with their customers and advisers.

The Charity Commission’s document aimed at charity trustees which gives guidance on investing charity money has been significantly updated.

A new study is aiming to identify the issues charities in the region face in attracting trustees – and existing trustees are being urged to take part in the research to help the sector tackle a growing issue.