On 22nd November 2023, Mr Hunt presented the Autumn Statement 2023 alongside the Office for Budget Responsibility's (OBR) economic and fiscal outlook. The DSA Prospect team delves into the details of Chancellor Jeremy Hunt's recent Autumn Statement.

Transitioning your business from a start-up to scale-up can be an exciting journey filled with new prospects and opportunities. However, it's important to acknowledge that the path to growth is accompanied by a unique set of challenges that entrepreneurs must overcome.

Are you looking to boost your tax relief while supporting SMEs? The government-approved Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are designed to do just that - but how does it work?

For small and medium-sized enterprises (SMEs), acquiring the necessary capital for expansion can be the make-or-break factor when it comes to their success. Fortunately, the EIS and SEIS schemes offer a financial lifeline for businesses looking to scale-up.

Research and Development (R&D) is a vital component for businesses looking to stay competitive and innovative. It serves a two-fold purpose for organisations. Firstly, it enables them to create something unique that has market potential. Secondly, it may give them an edge over their competitors.

On 15 March 2023 Chancellor Jeremy Hunt released the Spring Budget, his second fiscal statement - this time largely influenced by moving the UK economy into a stage of growth through business investments and increasing the workforce.

In April 2021, the government introduced the 'super-deduction', one of their biggest tax incentives for businesses which focussed on stimulating investment and boosting the UK economy. Fast forward two years and we're now preparing to say farewell - but there's still time to benefit from this tax relief!

We are thrilled to announce that DSA Prospect has been named a Xero Platinum Partner status! At DSA Prospect, we have always been committed to providing our clients with the best possible accounting and financial services - this achievement is a testament to that commitment!