Students who started their undergraduate and advanced learner loan courses on or after 1 August 2023 will fall into the new Plan 5 payment plan bracket. From April 2026, students who fit in the Plan 5 criteria will begin repaying…
In April 2025, the UK’s ‘non-domicile regime’ was replaced with a new set of rules centred around an individual’s tax residency, taking in factors like an individual’s links to both the UK and other countries and trust structures they are…
HMRC has confirmed it is changing the way it will handle tax on bank and building society interests. What has HMRC changed? Since October 2025, HMRC has been sending out Simple Assessment letters to individuals who may owe tax on…
With the November Budget just weeks away, one rumour appears to be gaining more traction than others. Media reports suggest that the Chancellor, Rachel Reeves, may introduce a new National Insurance charge on partnerships in her Budget announcement. What is…
In the October 2024 Budget, the Government confirmed reforms to Inheritance Tax (IHT) that will take effect from April 2026. The changes will restrict the availability of Business Property Relief (BPR), which helps reduce the tax liabilities of family-owned businesses.…
HMRC has confirmed that the upcoming increase in company size thresholds will apply to the off-payroll working rules. From 6 April 2026, more end-client companies will qualify as “small” and fall outside of the scope of the IR35 Off-Payroll Working…
We are sprinting towards the end of the year and with 2025 soon drawing to a close, it’s a good time to reflect and analyse whether you are on target to achieve your business and financial goals this year.
Many businesses are feeling the pressure of recruitment challenges at the moment and it can sometimes feel like there are forces beyond your control dissuading the right applicants from applying for roles.
First announced in last year’s Autumn Budget, the changes to Inheritance Tax (IHT) are set to come into effect from April 2026.
With the Autumn Budget looming ominously on the horizon, Rachel Reeves seems keen to build some goodwill with businesses ahead of some likely tax hikes.