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What does the Spring Budget mean for SME’s? Amidst the UK’s entry into a technical recession towards the end of 2023 and with a looming general election on the horizon, Chancellor Jeremy Hunt faced mounting pressure to unveil a Spring Budget that showcased both fiscal prudence and generosity.   Branding the fiscal statement as a […]

On 22nd November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’.  What will this mean for you and your business?  We highlight the key points below: Personal Tax Income tax – The government has stated that the basic rate will remain at 20%, the higher rate at 40% and the additional rate at 45%

More than 500 auto, equipment and asset finance professionals attended the largest asset finance awards to celebrate the many success stories in the industry, particularly during such volatile and challenging times. Focusing on People, Planet and Profit, this year’s Asset Finance Connect awards were designed to showcase the very best in our industry, acknowledging those

On Thursday 11 May 2023, the Bank of England announced a 0.25% increase in its base rate from 4.25% to 4.50%, a 15-year high.   While rising interest rates may seem like a deterrent to investing and purchasing new equipment and commercial vehicles on finance, there are still several benefits to consider:   Financing will

Exciting news! We are thrilled to announce that we have won the prestigious Business Moneyfacts Award category ‘Asset Finance Broker of The Year’   This award recognises the hard work and dedication of our entire team in providing exceptional financial services to businesses across the country.   The Business Moneyfacts Awards, which took place on

  Why pay more tax than you need to? Full expensing lets you claim back 100% of the cost of qualifying equipment all in one go. Saving up to 25p for every £1 you spend. During the 2023 Spring Budget, the Chancellor introduced a new tax relief measure called “full expensing”, which allows companies to

Snapshot of the Spring Budget 2023 Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall.  What will this mean to your business? Super Deduction Tax To support the economy in response to coronavirus,

STAR Asset Finance Group has forged a collaboration with The Law Society, to offer their financial services to Law Society members across the UK under their STAR Professions division. Group Commercial Director Paul Slapa said of the partnership “The STAR Asset Finance Group are delighted to be working with The Law Society to assist their

Today is officially ‘Blue Monday’ which is claimed to be the most depressing day of the year. For anyone in business watching the news each night, it may feel that this year we have even more reasons to feel blue than normal. However, it’s worth remembering that many businesses have survived, and in cases actually

Our new STAR Loan solution takes that one step further – allowing you to borrow up to £250,000, without providing security, at more affordable rates.   If you need to boost cashflow, to refurbish or to invest in equipment to turn your new ideas into reality, then this could be the answer for you.   It could also be