A recent report by Purbeck revealed that more than a third of SME loans agreed in October supported day-to-day cash flow – the highest level since early 2025. The latest Barclays index shows that more than half of SMEs have paused spending due to weakened confidence. Insolvency is also on the rise, with more than […]
Read moreAuthor Archive: Midgley Snelling
Personal Tax freeze – The impact of fiscal drag
The Chancellor, Rachel Reeves, has confirmed her plans to extend the Income Tax threshold freeze. The original end date of 2028 has now moved to the 2030/31 tax year forcing many into higher tax bands as wages rise. What are the current thresholds? As it stands, the Income Tax rates are as follows: Up to […]
Read moreHow to prepare for the Autumn Budget’s changes to APR and BPR
Last year’s Autumn Budget hit business owners hard with the announcements of changes to Agricultural Property Relief (APR) and Business Property Relief (BPR). The new Inheritance Tax (IHT) rules, set to take effect from April 2026, could create substantial tax liabilities, especially where assets are handed down through generations. Farmers, business owners and AIM investors […]
Read moreWill your festive spirits be dampened by tax liabilities? How trivial benefits impact your business
The festive season is rapidly approaching and it is natural to want to treat your employees. Unfortunately, even small gifts can have implications for your tax and National Insurance Contributions (NICs), so you should understand the implications of any kind gestures. We are no Scrooge as we want to help you understand how to spread […]
Read moreHMRC announce MTD letters will be sent to self-assessment taxpayers
With Making Tax Digital (MTD) for Income Tax less than six months away, HM Revenue and Customs (HMRC) has confirmed that it will be sending out letters to ensure taxpayers are ready.
Read moreAutumn Budget measures tighten the squeeze on personal wealth, warns MGI Midgley Snelling LLP
MGI Midgley Snelling LLP, one of Weybridge’s top accountancy firms, is advising the British public to take a closer look at their plans for saving and investing following this year’s Autumn Budget announcements. After a surprise, early publication of the OBR report, Chancellor Rachel Reeves addressed Parliament and the public on 26 November to share […]
Read moreAutumn Budget 2025
The benefits of auditing your business
Many businesses are stuck viewing audits as simple compliance measures and may be missing out on the value they offer a business.
Read moreWhat financial steps can I complete to reduce the risk of Inheritance Tax?
Managing Inheritance Tax (IHT) liabilities is one of the bigger challenges many high-net-worth taxpayers face when looking to protect their interests and pass wealth to the next generation.
Read moreThe signs of digital wallet abuse you need to look out for
Digital wallet abuse is on the rise as criminal networks continue to exploit individuals and businesses for their own selfish gains. In 2024, over 2.5 million cases of remote purchase fraud were recorded, so it is important that you can spot signs of digital wallet fraud and put measures in place to protect yourself, your […]
Read more





















