For many businesses, short-term finance can provide an essential lifeline when cash flow becomes tight. Whether a business needs support covering a gap between paying suppliers and receiving customer payments, or managing seasonal demand, the right type of finance can keep a business moving during uncertain times. However, using short-term borrowing without a clear strategy […]
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The rate of inflation has hit 2.9 per cent in July 2026, up from 2.6 per cent in June, according to the latest data that has been published by the Office for National Statistics (ONS). This is the first rise in the national rate of inflation since March 2026, with the increase in the energy […]
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For many people, giving financial support to family members is an important part of their financial planning. Whether it is helping children with pension contributions or providing ongoing assistance, gifting can play an important role in Inheritance Tax (IHT) planning. The normal expenditure out of income exemption under Section 21 of the Inheritance Tax Act […]
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In June 2026, the Government published a document to gather views on the introduction of a criminal offence for making reckless or untrue statements relating to tax. The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that the proposal risks confusing taxpayers and discouraging voluntary disclosures. Instead, the ICAEW has advised HMRC […]
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New funding rules for apprenticeships have been introduced in England, impacting any apprenticeships starting after 1 August 2026. This could affect more employers than before as apprenticeships are becoming increasingly popular, with 308,770 starts between August 2025 and April 2026, up 8.7 per cent year-on-year. With results season over and September intakes finalised, employers weighing […]
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With temperatures breaking 30 degrees on multiple occasions in 2026, scorching heat is becoming the new normal. Consecutive heatwaves have wiped £4.4 billion from the UK economy, according to research from think tank Verdant. Heatwaves are predicted to become more common and more intense, likely costing UK employers further billions of pounds unless they are […]
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If you hold assets, income or gains overseas, you may at some point receive a letter from HMRC asking you to review your UK tax position. These are often referred to informally as “nudge letters” and they can be unsettling to receive. Here is what they mean and how to respond. In recent years, HMRC […]
Read morePeople are always looking for ways to pay less tax. Tax allowances are one of the most effective and legitimate ways to do it, helping to mitigate against a large tax bill. These allowances are built specifically to reduce the amount of VAT, Income Tax or National Insurance Contributions that you pay. Some are more […]
Read moreBusiness recovery is rarely a straight line. Most companies experiencing financial or operational challenges move through a series of stages before returning to sustainable growth. Recognising the warning signs early and taking decisive action at each stage can make the difference between recovery and failure. Underperformance The first stage tends to be underperformance. Businesses in […]
Read moreThe Supreme Court ruled against BlueCrest Capital Management in a long-running dispute with HMRC, leaving the firm facing tax and National Insurance determinations of nearly £200 million. The ruling follows a wider HMRC focus on how members of limited liability partnerships (LLPs) are classified for tax purposes, and comes as HMRC continues to scrutinise arrangements […]
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