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 Latest News
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…
Up to two fifths of employers may withdraw salary sacrifice pensions
Employers are facing growing uncertainty over the future of salary sacrifice pension schemes following the Government’s decision to introduce a £2,…
Employers are paying the price: National Insurance Contributions rise to £28 billion
Employers’ predictions seem to be coming true as National Insurance Contributions (NICs) have skyrocketed to £28 billion, exceeding the Governmentâ…
UK’s growing insolvency – Building greater resilience in your business
Rising costs seem to be coming at UK businesses from all directions, resulting in many difficult financial decisions needing to be made. New research …
What you need to know about your first quarterly MTD report on 7 August 2026
For sole traders, self-employed individuals and landlords with gross incomes exceeding £50,000 from self-employment or property, you are now mandated…
Secured the raise – Keeping an eye on your eligibility for the High-Income Child Benefit Charge
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) does not crash t…