Month: October 2026
IHT pension reforms now only half a year away
We are now just over six months away from the long-anticipated reforms to Inheritance Tax (IHT), which will see unspent pensions included within a person’s estate from April 2027. First announced all the way back in the 2024 Autumn Budget,
Demystifying the changes to Benefits in Kind from 2027
Reforms to the Benefits in Kind (BIK) system have continued to change in recent years, as the Government prepares to roll out mandatory payrolling. From April 2027, businesses will be required to payroll BIK, but this will now be a
How is the mansion tax distorting the housing market?
The so-called mansion tax is already beginning to have an impact on the UK housing market, despite the surcharge not being due to come into effect until April 2028. Under the new tax, formally known as the High Value Council
Medium-sized companies may qualify for audit exemption
The Department for Business, Innovation, Science and Trade (DBIST) initiated a ‘modernising corporate reporting’ consultation on 7 September 2026, which closes on 30 November 2026. Under the proposed overhauls, many medium-sized companies may be exempt from mandatory audits. This consultation
Borrowing amongst SMEs is on the rise – preparing your business for finance
According to UK Finance, gross lending to SMEs from the main high street banks reached £5.35 billion in the second quarter of 2026, the highest quarterly level recorded since the pandemic. Real estate and professional service firms drove much of
Are your finances at risk of cyber-attack? Planning for the worst
According to the latest Hiscox Cyber Readiness Report, almost two in five small businesses in the UK suffered a successful cyber-attack in the last year, with each attack costing an average of £26,650. Globally, cyber incidents cause around 32 hours