Latest Business News
Working capital loans: A sign of the times or a useful support mechanism?
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
Pensions and tax: Ongoing reform and its impact on tax-efficient saving
The Autumn Budget confirmed that pensions and tax-efficient saving are entering a period of sustained and important change. Reforms to salary sacrifice, ISAs and the growing focus on unspent pensions all make it harder to build and pass on wealth
Failure to prevent fraud – Are you at risk of this new offence and how can better accounting and audits help?
As the Government continues to put preventative fraud measures in place, it is essential that companies and Limited Liability Partnerships (LLPs) understand any changes that impact them. In September, a new regulation was introduced as part of the Economic Crime
Employee Ownership Trusts: Are they still the right step for your business?
Employee Ownership Trusts (EOTs) have become one of the UK’s fastest-growing business succession models, and for good reason. Since their introduction in 2014, the Employee Ownership Association and WREOC have reported a 1,640 per cent increase in EOT-owned businesses in
Autumn Budget 2025
The Government faced a difficult job going into the Autumn Budget, as they navigate a growing national deficit, a seemingly never-ending cost-of-living crisis and political challenges.
IR35: Increase in financial thresholds for “small” client company
HMRC has confirmed that the upcoming increase in company size thresholds will apply to the off-payroll working rules. From 6 April 2026, more end-client companies will qualify as “small” and fall outside of the scope of the IR35 Off-Payroll Working
Family businesses most exposed to 2026 IHT reforms
In the October 2024 Budget, the Government confirmed reforms to Inheritance Tax (IHT) that will take effect from April 2026. The changes will restrict the availability of Business Property Relief (BPR), which helps reduce the tax liabilities of family-owned businesses.
Could the Autumn Budget hold big changes to the taxation of partnerships?
With the November Budget just weeks away, one rumour appears to be gaining more traction than others. Media reports suggest that the Chancellor, Rachel Reeves, may introduce a new National Insurance charge on partnerships in her Budget announcement. What is
Bank and building society interest – What needs to be reported under Self Assessment?
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
The UK’s residency rules explained – Six months on from the change
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