August 20, 2024

Autumn Budget 2024: Key tax policy updates and implications

During the Parliamentary speech on July 29th, Chancellor Rachel Reeves announced that the Autumn Budget will be delivered on October 30, 2024, marking the first Budget under the new Labour […]
August 8, 2024

Audits explained: understanding the process and its importance

In the dynamic business landscape, financial audits play a critical role in ensuring compliance, transparency, and operational efficiency. However, despite their importance, there’s often a misconception about the true purpose […]
July 25, 2024

Audits and Assurance: proposed increases to company size thresholds to take effect this October

At Verallo, we are dedicated to keeping you informed about critical updates in audit and assurance regulations that may impact your business. With the United Kingdom no longer bound by […]
July 18, 2024

Anticipated tax changes under the Labour government: what you need to know

In the recent Election, Labour secured victory with a pledge not to raise taxes on “working people.” However, with their manifesto outlining their fiscal plan to increase tax revenue by […]
June 12, 2024

Understanding Employee Ownership Trusts: A Path to Sustainable Business Success

Employee Ownership Trusts (EOTs) have been in existence for many years and have gained significant traction as an innovative business model that empowers employees, fosters a collaborative working environment, and […]
May 30, 2024

Audit thresholds and criteria checklist

Almost ready for your first audit? In the UK, businesses must undergo an audit if they meet certain criteria. Generally, companies are required to have their accounts audited if they […]
May 30, 2024

Enterprise Management Incentive Schemes: Taking a look into the tax benefits

Looking for a tax efficient way to attract and retain top talent? A share scheme option scheme could be ideal. As a business you can offer your employees the opportunity […]
May 3, 2024

10 steps to maximising the value of a business on exit

Global economic uncertainty due to war conflict and future elections may have delayed the exit plans of baby-boomer business owners, however, for many, their need to exit has not gone […]
April 25, 2024

Family Investment Companies: The tax benefits

Family Investment Companies (or “FICs”) have become the preferred vehicle for structuring wealth and passing assets onto future generations tax efficiently, increasing in popularity in recent years as a result […]