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 […]

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 […]

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 […]

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 […]

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 […]

Students who started their undergraduate and advanced learner loan courses on or after 1 August 2023 will fall into the new Plan 5 payment plan bracket. From April 2026, students who fit in the Plan 5 criteria will begin repaying their student loan, which is why it’s important you understand the new plan and how […]

In April 2025, the UK’s ‘non-domicile regime’ was replaced with a new set of rules centred around an individual’s tax residency, taking in factors like an individual’s links to both the UK and other countries and trust structures they are connected to. What was introduced? A new four-year Foreign Income and Gains (FIG) regime has […]

HMRC has confirmed it is changing the way it will handle tax on bank and building society interests. What has HMRC changed? Since October 2025, HMRC has been sending out Simple Assessment letters to individuals who may owe tax on interest incurred from banks and building societies between April 2024 and April 2025. The letters […]