News

Government reviews access to face-to-face banking services

The government has announced a review into access to face-to-face banking services as concerns continue to grow over the impact ...
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Companies House publishes its business plan

Companies House has published its business plan for 2026-27, setting out its priorities for the coming year as it continues ...
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Tips to Reward and Retain Staff

Attracting and keeping top talent is harder than ever. With expectations rising and competition increasing, a strong benefits package helps ...
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When a Business Enters Administration: What Happens to Its Intellectual Property?

When a company enters administration, attention often turns to cashflow, physical assets and creditor recovery. Yet for many businesses, intellectual ...
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VAT – opting to tax property

The option to tax is a VAT election that allows businesses to treat supplies of most non-residential land and buildings ...
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Claiming to reduce payments on account

Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax liabilities. These are paid in ...
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IHT – gifts made with reservation of benefits

Most lifetime gifts are treated as potentially exempt transfers (PETs) for Inheritance Tax (IHT) purposes. In general, these gifts become ...
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A reminder of tax-free trivial benefits

Employers looking to provide staff with small gifts or seasonal tokens of appreciation should remember the rules for tax-free trivial ...
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Key person policies and tax relief

Many businesses take out “key person” insurance policies to protect against the financial impact of losing an important employee, director ...
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Government measures to ease rising fuel costs

The government has announced a package of measures intended to help motorists and businesses manage rising fuel costs following disruption ...
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Increase in approved mileage rates

The Chancellor of the Exchequer, Rachel Reeves updated Parliament on 21 May 2026 on the Government’s economic response to the ...
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New measures aimed at easing living costs

The Government has announced a new package of measures designed to help households manage rising living costs during the summer ...
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Tougher action on late payments

The Government has introduced a landmark new Bill aimed at tackling the growing problem of late payments to small businesses, ...
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Landlord tax and National Insurance considerations

When renting out property, landlords may have both Income Tax and National Insurance considerations to consider. However, rental income is ...
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VAT Cash Accounting

The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing VAT to be accounted for when customers ...
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Can you claim Business Asset Disposal Relief

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company, or an individual’s ...
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Verify your ID at Companies House

Identity verification requirements at Companies House became a legal requirement for directors and people with significant control (PSCs) from 18 ...
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Fiscal drag explained

The freezing of tax thresholds can result in a phenomenon commonly referred to as 'fiscal drag'. This occurs when tax ...
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