As all eyes watch the rate of inflation for the impact that it will have on a tumultuous economy, there is another reason to be concerned by the steady increase.
Category Archives: Blogs
Who is left holding the bill for the 2025 Spending Review?
Announced on 11 June 2025, the Spending Review is set to increase day-to-day spending from £517.5 billion in 2025/26 to £583.9 billion in 2028/29 and investment spending from £131.3 billion in 2025/26 to £151.9 billion in 2029/30.
Maximising trading losses with Corporation Tax relief
Managing trading losses effectively can transform periods of difficulty into strategic opportunities, yet many businesses remain unclear about how to achieve the greatest benefit from Corporation Tax relief.
Could the new IHT rules damage your business’s value on paper?
The Government’s decision to halve Business Property Relief (BPR) and Agricultural Property Relief (APR) from April 2026 is already changing how family businesses and farms operate.
Do you need to report that loan? The £10,000 rule and P11D implications
Many businesses routinely offer financial support to their directors or employees in the form of loans.
Understanding linked periods of sickness and how they affect payroll
When it comes to Statutory Sick Pay (SSP), most payroll teams are confident in calculating payments for a single period of absence.
When silence costs millions – Ignoring HMRC is a risk you cannot afford
Most directors do not expect to face personal tax bills in the millions.
Mandatory payrolling delayed to 2027 – Time to prepare, not to forget
The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned.
How trivial benefits can improve employee morale without increasing your tax bill
When businesses look to motivate their teams, the focus often lands on salary, bonuses or large-scale perks.
Fewer HICBC penalties – a sign of success, or a reminder to stay compliant?
Recent data from HM Revenue & Customs (HMRC) shows a dramatic fall in penalties issued under the High Income Child Benefit Charge (HICBC) – from over 13,500 in 2018/19 to just 46 in 2024/25.