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Spring Budget 2024 – Technology Sector Commentary

Menzies

Menzies LLP - A leading chartered accountancy firm. Investment and funding for tech companies The Chancellor has reversed the thresholds to qualify as a high-net-worth individual, reinstating the £100k income threshold (from £170k). Meet our Technology Sector specialists For more budget commentary click here.

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Technology: Spring Budget 2024 Predictions & Wishlist

Menzies

Menzies LLP - A leading chartered accountancy firm. With increased focus on scaling up and creating more employment opportunities a cut to employer’s NICs would go some way to encourage tech companies to take on new staff.

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Autumn Budget: Technology Wishlist & Predictions

Menzies

Menzies LLP - A leading chartered accountancy firm. Significant announcements are usually reserved for the autumn budget, however with various tax rates frozen until 2027/28 and tax cuts seemingly off the table, it is not clear if Chancellor Jeremy Hunt will have any big announcements in store for the tech sector this November.

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Friday Footnotes: Look What You Did, PwC; No Lakehouse This Year; India Wants Its Own Big 4 | 5.3.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Treasury has today released two consultation papers on the adequacy of current settings.

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How to master financial forecasting for tech companies

Menzies

Menzies LLP - A leading chartered accountancy firm. With technology’s fast-paced and rapidly evolving landscape, financial forecasting can prove challenging for many tech companies. To ensure the long-term stability of technology companies, rigorous financial forecasting is of the utmost importance.

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Understanding Tax Savings for UK Tech Firms

Menzies

Menzies LLP - A leading chartered accountancy firm. Understanding the differences between the available allowances is crucial for enhancing tax savings and bolstering cash flow, particularly in the early stages of a tech enterprise, where capital investments may be significant.

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Maximising efficiency and profitability: The essentials of eCommerce stock management

Menzies

Menzies LLP - A leading chartered accountancy firm. From leveraging cloud-based solutions to embracing advanced analytics, we explore how businesses can harness technology to maximise efficiency and profitability in their eCommerce operations.