Government announce commitment to deliver a genuine living wage: What does that mean for businesses?

Aug 12, 2025

Next year’s National Living Wage and National Minimum Wage have been hot topics of discussion with experts warning they must go up to meet the Government’s goal for it to match two thirds of median earnings. The Government has reaffirmed its ...

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Blog, Business, SMEs, Tax

Over 100,000 jobs lost – The cost of rising National Insurance on employers

Jun 12, 2025

The release of the latest employment data should serve as a wake-up call for business owners. Over 100,000 jobs were lost in May, the worst figure in four years, with hospitality, tech and retail bearing the brunt. One of the biggest factors ...

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Blog, SMEs, Tax

Important updates to Making Tax Digital and late payment rates you might have missed in the Spring Statement

Mar 27, 2025

This week’s Spring Statement brought two announcements that will matter to anyone running their own business or earning income from property. Firstly, there will be tougher penalties for late tax payments under Making Tax Digital (MTD). Secondly, the MTD scheme itself is ...

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Blog, Business, SMEs

Furnished Holiday Lets – Where are we now?

Feb 20, 2025

With significant changes to the Furnished Holiday Let (FHL) regime coming into effect in April 2025, owners of holiday rental properties face crucial decisions about their tax position and business structure. What are the key upcoming changes to FHL? The favourable tax ...

Blog, Business, PAYE, SMEs

What are PAYE Settlement Agreements and how can they benefit employers?

Oct 02, 2024

PAYE Settlement Agreements (PSAs) are a convenient tool for employers, allowing them to cover the tax and National Insurance contributions (NICs) on specific benefits provided to employees. These agreements simplify settling tax liabilities on minor, irregular, or impractical expenses and benefits, ...

Blog, SMEs

Boosting confidence in tough times – How SMEs can adapt to financial challenges

Sep 17, 2024

The burden on small and medium-sized enterprises (SMEs) is already quite heavy due to the current economic climate, but it may worsen in the coming months, with potential changes to Capital Gains Tax (CGT) being considered in the October Budget. If ...

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Blog, SMEs

Keeping your SME stable during economic uncertainty

Jul 25, 2024

There have been a lot of political changes in recent months, but the outlook for small and medium-sized enterprises (SMEs) remains gloomy. According to recent research by Virgin StartUp, half of small business owners are worried their business might not survive ...

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Blog, SMEs

Why the National Wealth Fund is a game-changer for SMEs

Jul 15, 2024

The recent announcement by the new Labour Government to introduce a National Wealth Fund has sent ripples of excitement throughout the business community. With £7.3 billion in funding from the UK Infrastructure Bank, this initiative promises to be a significant boon ...

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SMEs, Tax

Potential tax increases and their impact on businesses

Jul 10, 2024

In recent reports, former Prime Minister Sir Tony Blair has forecasted potential tax increases that could have an impact on businesses across the UK. The Tony Blair Institute's chief economist predicts taxes may need to rise by 1.9 percentage points of ...

Will Labour’s agenda in the King’s Speech signal major tax changes for businesses in 2025?

Jul 09, 2024

Will Labour's agenda in the King's Speech signal major tax changes for businesses in 2025? As the opening of Parliament approaches on 17 July, businesses across the country are bracing for the King's Speech, which is expected to outline the Labour ...

SMEs