The new year marks our move into the final months of the tax year; a time when many businesses face a familiar but increasingly challenging environment. Margins are tighter than they were a few years ago, thresholds remain frozen, borrowing costs are higher, and both...
After last year’s budget, which saw businesses foot the bill while individuals prospered,’ 2025’s update from the Chancellor was much anticipated. This year’s more balanced approach has once again focused on taxes, but those that affect individual and household income...
Over the past few years, HMRC has tightened the rules around R&D tax relief. With growing concern that too many claims are invalid, they’ve not only revised the reliefs available but also ramped up compliance checks. In this article, we take a closer look at what...
The change of government and advancement in technology has brought about significant changes over the last few years. And – as we’re probably all aware – there’s more still to come. With the aim of keeping you abreast of what these changes mean for you, the...
As part of HMRC’s push towards ‘Making Tax Digital’, important changes are coming for the reporting requirements of Benefits in Kind (BiKs) – and you absolutely need to take note. Following feedback from stakeholders, HMRC have recently announced that the original...
October last year marked the first Labour budget in over a decade – and as expected, it held a large number of changes that affected individuals and businesses in unequal measure. As a ‘halfway point’ designed to give the Chancellor an opportunity to outline progress...
