Our Insights
Verallo specialises in all areas of accountancy. Our expert team examines the latest news and developments that could impact your finances.
Download our Guide to the Autumn Statement 2024
We’ve distilled every update from the Budget - from tax policies to fiscal adjustments – into a comprehensive guide.
Plus, we’re giving you exclusive access to expert advice on how to prepare for the year ahead.
Download our Guide to Selling Your Business
Your business isn’t just your livelihood, it’s your passion, your legacy, and retirement fund. Whatever your business means to you, there may come a time to hand over the reins.
If you’re beginning to think about a sale, even in the distant future, we’re here for you.
Download a copy of our latest guide which takes you through 10 steps to ensure you get the return you deserve.
March 31, 2025
Late last year the UK government has announced significant changes to company size thresholds, which will take effect for financial years beginning on or after 6 April 2025. Updating audit […]
March 27, 2025
On 26th March 2025, Chancellor Rachel Reeves delivered the Spring Statement, updating the UK’s economic outlook and reaffirming fiscal policies introduced in the Autumn Budget. With ongoing global uncertainty and […]
March 20, 2025
Chancellor Rachel Reeves is set to deliver her inaugural Spring Statement on 26th March, accompanied by fresh economic forecasts from the Office for Budget Responsibility (OBR). While traditionally seen as […]
March 11, 2025
Transparency in company ownership is set to take a significant leap forward with planned measures under the Economic Crime and Corporate Transparency Act. While an implementation date has not yet […]
February 13, 2025
An update from Companies House is set to enhance the protection of personal information on its public register. These changes, introduced under the Economic Crime and Corporate Transparency Act, are […]
January 14, 2025
This year brings a host of personal tax changes that could impact individuals across the UK. From wage increases to pension adjustments and reforms to capital gains and inheritance tax, […]
December 11, 2024
In Labour’s first Budget in 14 years, Chancellor Rachel Reeves presented a series of measures designed to offer targeted support to struggling sectors, promote sustainable investment, and maintain fiscal security, […]
December 2, 2024
In an important step towards strengthening corporate governance and reducing fraud, Companies House is set to roll out a new identity verification process. This measure aims to prevent the misuse […]
November 28, 2024
On October 14th, Jonathan Reynolds, Secretary of State for Business and Trade, announced the UK’s ambitious ‘Invest 2035: The UK’s Modern Industrial Strategy’ through a newly published Green Paper. At […]
November 12, 2024
In the wake of the recent Budget announcements, many of the most impactful changes are receiving significant attention – but some measures that could influence businesses, investors, and individuals in […]
November 11, 2024
In the latest Autumn Statement, the UK government unveiled a range of fiscal updates that will impact businesses, investors, and individuals alike. Boxed in by Labour’s manifesto pledges not to […]
October 22, 2024
From 14th October 2024, PAYE claims for tax relief on employment expenses must now be submitted by post using form P87, accompanied by supporting evidence. This new process replaces online […]
September 26, 2024
Preparing for your first financial audit can be daunting, but with the right approach, it can be a straightforward process that adds significant value to your business. Whether you’re required […]
September 3, 2024
The Spring Budget 2024 brought a significant shift for landlords involved in Furnished Holiday Lettings (FHLs). The UK Government announced the abolition of the FHL tax regime, a move aimed […]
August 20, 2024
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
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
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
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
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
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 30, 2024
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 3, 2024
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 (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 […]
April 11, 2024
If, like me, you are one of the baby boomer generation you’re probably at the stage in your business career when you are beginning to think of the future and […]
March 18, 2024
We continue to find ourselves in a time of upheaval. From ongoing economic uncertainty to an impending general election. All the while operating costs rise, leaving many individuals and businesses […]
March 8, 2024
Figuring out the twists and turns of the newly announced spring budget is challenging. Filled with technical jargon and late term party promises, it can be hard to get a […]
February 28, 2024
Ongoing economic uncertainty, an impending general election, coupled with rising operating costs means many businesses are continuing to face challenging decisions in 2024. How can you effectively navigate this uncertainty? […]
February 22, 2024
No one wants to be caught out when the tax year ends in April. As if it wasn’t stressful enough, ticking boxes, making sure accounts are settled, and otherwise balancing […]
February 8, 2024
Cast your mind back to 2003. Not too distant a memory for the victims of the Halifax Bank of Scotland (HBOS) fraud. Corporate scandals such as this tend to drag […]
January 24, 2024
For many, freelancing, renting your spare room, or selling clothes via popular apps such as Vinted has been a nice little side earner. However, in a bid to reduce tax […]
November 29, 2023
To understand what interest rate increases mean for taxpayers we first have to understand how they are set. HM Revenue & Customs set interest rates during legislation and reflect the […]
November 23, 2023
As Jeremy Hunt stepped up to the dispatch box yesterday for his second Autumn Statement as Chancellor of the Exchequer, the nation’s attention was firmly fixed on potential tax cuts. […]
November 21, 2023
When we talk about personal tax relief, many people only know the basics. They know that tax relief means that less tax is paid if you’ve spent money in specific […]
September 13, 2023
Recent reports from the IFS have warned that the state pension age will hit 70 years old by 2050. This comes as a result of the shockwaves sent through the […]
August 31, 2023
In recent years a wealth of relatively low-cost subscription-based accountancy apps have sprung up leaving many businesses asking the question: do I actually need an accountant if I use a […]
May 25, 2023
You never know where life will take you. For many growing businesses, that’s well beyond the Thames Valley. So, if you’re building a construction business in Dubai, shipping from Shanghai […]
May 2, 2023
What takes 16 accountants 24 hours to complete and only has a 40% success rate? Happily, it’s nothing to do with our business advisory services! It’s something we do that’s […]
March 22, 2023
Your legacy isn’t just where you finish. It’s how you get there. And, whatever you envision your legacy to be, you’re building it today. Ups and Downs. Wins and Losses. […]
March 16, 2023
On 15 March 2023, Chancellor Jeremy Hunt presented his first Budget to Parliament and set out a plan to reduce inflation, grow the economy and get government debt falling all […]
February 26, 2022
There comes a point when all growing businesses will want an accountant at the top table, advising and challenging senior management in equal measure. If you’re not ready to commit […]
February 26, 2022
In some cases, mergers and acquisitions can be a shortcut to raise cash quickly and to help out with a tricky financial situation or fund short-term growth. In others, it […]
February 26, 2022
R&D tax relief in the UK is a government incentive to encourage innovation by limited companies. The main scheme is referred to as R&D tax credits and, on average, qualifying […]
May 31, 2021
Whatever your life stage, the Covid-19 pandemic has put into sharp focus the need for retirement planning and amongst the uncertainty the pensions market has been hit hard. With defined […]
May 5, 2021
Throughout the pandemic our dedicated team have been making it their business to keep up to date with the numerous complex incentives and support packages that have been implemented by […]
November 2, 2020
The ever changing and complex nature of UK taxation requires highly specialist knowledge and, with the increased focus by HMRC on tax revenue recovery, it has never been more important […]