Our resources. Your adventures.

Businesses impacted by change to the main financial reporting standard, FRS 102, should be alert to the potential for repercussions for their tax position as a result.

HMRC has recently partnered with British-based data analytics and AI leaders, Quantexa, in a £175 million deal. Quantexa works with public sector organisations globally on fraud, risk, compliance and data modernisation initiatives. The aim in this case is to support the modernisation of HMRC’s core data infrastructure, giving it a clearer, connected view of its […]

Even where headline income tax rates remain unchanged, your tax bill may not.

If you receive income from dividends, savings or rental property, it’s worth understanding what has already changed from 6 April 2026 and what is due to change from 6 April 2027. These changes affect three of the most common sources of personal income, so reviewing your position now could help you plan with greater confidence. […]

Changes to inheritance tax (IHT) mean pension wealth could soon form part of your estate in circumstances where many people previously expected it to remain outside the IHT calculation.

But for the hospitality businesses impacted, another set of rules to get right.

With the extension of Inheritance Tax (IHT) to most unused pension funds and pension death benefits from April 2027, IHT is very much in the public eye.

Fly-by-night ‘experts’ land wholesale beer business with tax bill of over £500,000.

HMRC is currently looking at claims to Business Asset Disposal Relief (BADR) made in the 2024/25 Self Assessment tax return.

The proposals stand to impact profit extraction, recording and financial management for many owner-managed businesses.

They say what you win on the swings, you lose on the roundabouts. It certainly seems to be true of the latest changes to the rules on tax relief for employees.

Businesses donating goods to charities may now benefit from new rules.