More than a million pensioners now pay higher rate tax – Here’s what it means for you
New figures have confirmed what many retirees are starting to feel in their bank statements.
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Sequencing short-term finance effectively is vital for avoiding the interest trap
For many businesses, short-term finance can provide an essential lifeline when cash flow becomes tight. Whether a business needs support covering a gap between paying suppliers and receiving customer payments, or managing seasonal demand, the right type of finance can…
Inflation increases to a four-month high – How will businesses be impacted?
The rate of inflation has hit 2.9 per cent in July 2026, up from 2.6 per cent in June, according to the latest data that has been published by the Office for National Statistics (ONS). This is the first rise…
Gifting out of income – The overlooked way to reduce Inheritance Tax
For many people, giving financial support to family members is an important part of their financial planning. Whether it is helping children with pension contributions or providing ongoing assistance, gifting can play an important role in Inheritance Tax (IHT) planning.…
Reckless tax statements: How could an honest mistake become criminal?
In June 2026, the Government published a document to gather views on the introduction of a criminal offence for making reckless or untrue statements relating to tax. The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that…
Apprenticeship funding has changed – What does this mean for your next hire?
New funding rules for apprenticeships have been introduced, impacting any apprenticeships starting after 1 August 2026. This could affect more employers than before as apprenticeships are becoming increasingly popular, with 308,770 starts between August 2025 and April 2026, up 8.7…
£4.4bn lost to the heat: Is your business ready for the next heatwave?
With temperatures breaking 30 degrees on multiple occasions in 2026, scorching heat is becoming the new normal. Consecutive heatwaves have wiped £4.4 billion from the UK economy, according to research from think tank Verdant. Heatwaves are predicted to become more…
Invoice financing – Liberating cash tied up in late payments
SMEs in the UK have struggled with late payments for years and cash tied up in unpaid invoices can put pressure on your business’s ability to operate effectively. Invoice financing can release funds locked up in late payments, giving a…
I have received a HMRC enquiry letter – What do I do now?
HMRC enquiry letters are sent to individuals to notify them that HMRC has chosen to formally investigate their tax affairs. While some enquiries are carried out randomly, the majority are selected based on a risk assessment of a business. These checks should not be…
Companies House issues warning over scammers
Companies House has issued warnings to directors after a rise in scam emails following the organisation’s new identity verification processes. The scams are designed to create urgency and encourage directors to hand over personal information or click malicious links. While…