Chancellor Rachel Reeves announced an increase in HMRC’s approved mileage rates for cars and vans from April 2026 for the first time since 2011 in… Read More »HMRC raise mileage rates and allowances

Weak economic growth and tighter regulations on lenders are to blame for the largest drop in bank lending to UK businesses in 30 years, according… Read More »Bank lending to UK businesses has dropped to the lowest level in 30 years

Fire safety update: New grade A fire alarm requirements for three‑storey HMOs Recent updates to UK fire safety regulations have introduced new obligations for landlords who… Read More »HMO Fire Alarms

Employers are facing growing uncertainty over the future of salary sacrifice pension schemes following the Government’s decision to introduce a £2,000 annual cap on National… Read More »Up to two fifths of employers may withdraw salary sacrifice pensions

Employers’ predictions seem to be coming true as National Insurance Contributions (NICs) have skyrocketed to £28 billion, exceeding the Government’s original forecast of £23.9 billion.… Read More »Employers are paying the price: National Insurance Contributions rise to £28 billion

Rising costs seem to be coming at UK businesses from all directions, resulting in many difficult financial decisions needing to be made. New research by… Read More »UK’s growing insolvency – Building greater resilience in your business

For sole traders, self-employed individuals and landlords with gross incomes exceeding £50,000 from self-employment or property, you are now mandated to abide by Making Tax… Read More »What you need to know about your first quarterly MTD report on 7 August 2026

If you have been one of the lucky ones to secure a pay rise this year, be mindful that the High‑Income Child Benefit Charge (HICBC)… Read More »Secured the raise – Keeping an eye on your eligibility for the High-Income Child Benefit Charge

There was a time when SMEs relied on their main bank for all of their finance options. Recent economic pressures are leading to more cash… Read More »Struggling with cash flow – Exploring the growing use of asset and invoice financing

HMRC and Companies House have confirmed that from 1 April, all businesses must use compliant, commercial software to file their company’s tax returns. As of… Read More »Company tax returns and accounts have gone digital