The Lodestar Blog
Tax tips, business news, Lodestar expert insight
Autumn Budget 2024 Deeper Dive – Businesses
There was a huge amount of information within the budget documents so here are the main points for businesses. What hasn’t changed? The main rate of Corporation tax is still at 25% and appears to be capped for the duration of this parliament Full expensing on capital...
Autumn Budget 2024 Deeper Dive – Individuals
There was a huge amount of information within the budget documents so here are the main points for individuals. What hasn't changed Income tax rates and thresholds remain the same and continue to do so until 2028/29. The government have said that they will then rise...
Dext – New Features Alert!
Here at Lodestar, we know that time is your most valuable resource. Running a business means balancing multiple tasks everyday— and when it comes to accounting, it can often feel like you’re drowning in paperwork and receipts. When we look after your bookkeeping, you...
Double Cab Pickups – Car Or Van? It Depends…. (And It’s Changed!)
What is a Double cab pickup? It is a vehicle that has a front passenger cab with a second row of seats to fit around 4 passengers plus the driver. It has 4 separate doors, and an uncovered pickup area at the rear. These have been a popular purchase for businesses to...
Autumn Budget 2024 – A Record Breaker!
Today marked the first budget presented by a female chancellor of the exchequer and the biggest tax raising budget since 1993, raising £40bn. Here we summarise the key changes you need to know about: National Living Wage The rate will increase by 6.7% to £12.21 per...
Bookkeeping: A Balancing Act of Balls
Bookkeeping is often compared to juggling multiple balls in the air, each representing a different aspect of a business's financial health. It requires focus and a keen eye for detail to keep all the balls in motion and prevent them from dropping. Here are some of the...