Making Tax Digital – Is your business ready for HMRC’s next big shake-up?

Making Tax Digital (MTD) is the Government’s initiative designed to streamline and digitise tax reporting in the UK. While the MTD scheme has been in force for the past few years, changes are approaching, particularly for sole traders, self-employed individuals, and landlords. Below, we outline clearly what MTD is, who it affects, the upcoming changes, […]

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Could voluntary auditing save you money?

Recent changes to how mandatory auditing is conducted may have caused you to breathe a sigh of relief. Where once companies with a £10.2 million turnover and/or assets worth more than £5.1 million  required an audit, now only companies with a turnover of £15 million and/or assets worth more than £7.5 million will require an […]

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Spring Budget 2025

Spring Statement 2025

Chancellor Rachel Reeves today delivered her Spring Statement, outlining the Labour Government’s economic priorities and reaffirming a commitment to fiscal discipline and long-term investment. Billed as the start of a “decade of national renewal,” the Statement acknowledged global uncertainty but marked a clear shift towards stability and responsibility at home. While less headline-grabbing than last [...] Read more

Insights from the KCCI Business Leaders Networking and Awards event

Partner Sarah Squires recently attended the KCCI Business Leaders Networking and Awards event at the America Square Conference Centre, where she had the opportunity to connect with international business leaders and explore developments in technology and AI. She shares her experience below. The KCCI Business Leaders Networking and Awards event at the America Square Conference […]

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Post-Budget tax planning strategies for HNWIs in 2025

Tax planning for high-net-worth individuals (HNWIs) in 2025 requires sharper focus as thresholds tighten and new changes take effect after announcements in the Budget. Staying ahead of these developments will help you maximise allowances, minimise exposure, and protect your wealth. Here are some key areas to consider. Capital Gains Tax allowances are lower than ever […]

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What can you expect this year from the Budget’s non-dom tax overhaul?

Chancellor Rachel Reeves announced substantial changes to the taxation rules surrounding non-UK domiciled individuals (non-doms) in October’s Budget. These changes will have a big impact on how foreign income, gains, and assets are treated. With the abolition of the remittance basis and new rules for Inheritance Tax (IHT), offshore trusts, and Capital Gains Tax (CGT), […]

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How can salary sacrifice schemes help reduce your employers NI costs and benefit your employees

Following the recent Budget announcement, from April 2025, Employer NI contributions are increasing by 1.2 per cent and the Lower Earnings Threshold is being lowered from £9,100 to £5,000. Although the Employers Allowance is increasing from £5,000 to £10,500, the increase in cost could still be substantial to businesses. Businesses will therefore be looking at […]

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