Business News

10 June 2026

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

10 June 2026

HMRC raise mileage rates and allowances

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 a

10 June 2026

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

10 June 2026

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 summer

10 June 2026

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

10 June 2026

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

19 May 2026

Struggling with cash flow – Exploring the growing use of asset and invoice financing

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 flow

19 May 2026

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

19 May 2026

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 to abide by Making Tax Digital

19 May 2026

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 by the

19 May 2026

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 Government’s original forecast of £23.9 billion. On

19 May 2026

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 £2,000 annual cap on National Insurance