Tax planning for high-net-worth individuals (HNWIs) in 2025 requires sharper focus as thresholds tighten and new changes take effect after announcements in the Budget. Staying ahead of these developments will help you maximise allowances, minimise exposure, and protect your wealth. Here are some key areas to consider. Capital Gains Tax allowances are lower than ever […]
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Chancellor Rachel Reeves announced substantial changes to the taxation rules surrounding non-UK domiciled individuals (non-doms) in October’s Budget. These changes will have a big impact on how foreign income, gains, and assets are treated. With the abolition of the remittance basis and new rules for Inheritance Tax (IHT), offshore trusts, and Capital Gains Tax (CGT), […]
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Following the recent Budget announcement, from April 2025, Employer NI contributions are increasing by 1.2 per cent and the Lower Earnings Threshold is being lowered from £9,100 to £5,000. Although the Employers Allowance is increasing from £5,000 to £10,500, the increase in cost could still be substantial to businesses. Businesses will therefore be looking at […]
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One of Weybridge’s leading firms of accountants MGI Midgley Snelling LLP is urging employers to prepare for the serious impact of the Chancellor’s Autumn Budget. Rising to address Parliament, Rachel Reeves recognised that the Government had a responsibility to “restore stability to our economy” in response to the “black hole” left by the Conservative Party. […]
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Recently, the MGI Midgley Snelling LLP team has been deliberating on the impact that the upcoming Budget will have on corporate tax. The core question remains: will businesses face an increase (or less likely, a decrease) in their tax rates in the near future?
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As the Autumn Budget approaches, many are wondering how potential changes could impact their personal finances.
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We are delighted to announce that we have been shortlisted in two categories for the prestigious Accounting Excellence Awards. We are finalists for Progressive Audit Firm of the Year and International Firm of the Year, one of only five firms shortlisted in each category. Well-regarded for our international approach, specialist advice and collaboration with global […]
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Expanding your business globally is an exciting adventure full of opportunities. Let’s face it, audit processes can get pretty complicated when you are dealing with international subsidiaries.
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In our previous blog, we explored the initial two stages of a business cycle: the launch and growth stages.
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