The hidden savings tax trap and why changes to ISAs make it harder to put money away
Do you know what your Personal Savings Allowance is? While most taxpayers in the UK will know the thresholds for Income Tax, a worrying few know the w…
Category Blog
Salary sacrifice cap and the squeezed middle
The £2,000 cap on National Insurance (NI) free salary sacrifice pension contributions was sold as a tax on high earners but, if you look closer, the …
Government summer savings spree adds complexity to VAT for hospitality and tourism
When Rachel Reeves announced a temporary cut in VAT from 20 per cent to five per cent for family attractions and children’s dining over the summ…
Classic cars, jewellery and handbags – How high luxury is accounted for in Inheritance Tax
Inheritance Tax (IHT) is paid on all items of your estate after you pass away if you exceed certain thresholds. Whilst many people focus on their savi…
Bank lending to UK businesses has dropped to the lowest level in 30 years
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 to n…
April 2026 CIS changes: What construction businesses need to know
Over a month has passed since the changes to the Construction Industry Scheme (CIS) came into effect on 6 April 2026. The reforms around CIS retur…
The Renters’ Rights Act is here: What the reforms mean for landlords
The private rental sector is seeing some of the biggest legislative changes in decades as the first phase of the Renters’ Rights Act came into force…
Company tax returns and accounts have gone digital
HMRC and Companies House have confirmed that from 1 April, all businesses must use compliant, commercial software to file their company’s tax return…
Capital allowances – New rules for a new tax year
Capital allowances continue to provide an effective method for businesses to reduce their tax bills, by providing incentives for investment in eligibl…
Government abolishes work-from-home relief
Directors and employees claiming work-from-home tax relief will no longer be able to claim it from the start of the new tax year – 6 April 2026. Why…