Insights
The number of insolvency-related activities in the North West has reached its lowest level for 12 months, according to new research from R3, the UK’s insolvency and restructuring trade body.
2024’s insolvencies have been driven by another year of high costs and a series of political, economic and geopolitical events which have taken a toll on businesses in England and Wales.
In November 2024, corporate and personal insolvencies in England and Wales increased compared to October, highlighting rising financial pressures.
Salary Exchange (also known as Salary Sacrifice and SMART pensions) is an arrangement employers may make available to employees. The employee agrees to reduce their earnings by an amount equal to their pension contributions. In exchange, the employer then agrees to pay the total pension contributions.
Significant reforms to inheritance tax (IHT) were revealed in the Autumn Budget, marking the most substantial changes in over 18 years. The last major update on 22 March 2006, focused on IHT rules for trusts. The most recent measures, however, have a broader impact.
Partner, Sue Hutchinson explores how robust governance drives trust, resilience, and ESG-focused success in the latest Lancashire Business View.
Events
Join us as we unpack the HLB survey of business leaders results, compare the UK's performance with global trends, and discuss what it all means for businesses like yours. where we will explore some of the important insights from the survey.
Blog
Distributing assets or cash strategically can reduce your estate’s Inheritance Tax (IHT) liability. Utilising gift allowances and exemptions, such as the annual exemption and wedding gifts, helps minimise your taxable estate. Proper planning ensures more wealth is passed to your beneficiaries rather than being taxed.
Videos
The evolution of mid-tier accountancy firms.
A few projects that you might find interesting
