On 26 November 2025, Chancellor Rachel Reeves presented her second Budget to Parliament. After the tax-raising budget of 2024, it had been hoped by the government that widely applicable tax increases would not be required again in 2025. However, with…
When a landlord buys a new property to let out, they may need to undertake some work prior to the first let, particularly if the property is tired or in need of updating. The extent to which relief will be…
Legislation has been published in draft for inclusion in the Finance Bill which will bring unused pension pots within the charge to inheritance tax from 6 April 2027. In light of this change, pension savers may be considering withdrawing pension…
We are an Authorised Corporate Service Provider From 18 November 2026, Companies House will introduce mandatory Identity Verification (IDV) under the Economic Crime and Corporate Transparency Act. This is designed to improve transparency, reduce fraud, and strengthen trust in company…
How will your business be affected? The Valuation Office Agency (VOA) is encouraging businesses to sign up for a business rates valuation account so they can find out their new commercial property valuation. Every three years the VOA updates the…
Employers have a duty to enrol eligible staff in a pension scheme. Staff are eligible if they are aged between 22 and state pension age and earn more than £192 per week (£833 per month). Where an employer takes on…
The tax exemption for trivial benefits is a useful one as it allows employers to provide certain low-cost benefits to employees without an associated tax or National Insurance liability, such as Christmas or birthday gifts. However, not all benefits qualify,…
Personal and family companies often make loans to directors. However, there can be tax and National Insurance implications of doing so. Where the loan remains outstanding nine months and one day after the end of the accounting period in which…
Our Trusted Partner Adrian Berwick of AB HR Solutions has shared this article on the Employments Right Bill phaesd reform and roadmap. The Government has released its roadmap for proposed Employment law changes and with Royal Assent expected in September 2025, there…
Cars are a special case when it comes to capital allowances. While capital allowances may be claimed on cars used in a business, partners and sole traders have the option of using the simplified expenses system instead. Where the cash…
