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… Read more
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…. Read more
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… Read more
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… Read more
Why you need management accounts to help your small business survive
Running a small business right now might feel like the odds are stacked against you and six in ten small… Read more
Companies House P&L are on freeze, but is your small business off the hook?
The Government has confirmed it is putting its requirement for small and micro companies to publicly file profit and loss… Read more
