TAX
Understanding Enterprise Investment Scheme Relief (EIS)
Enterprise Investment Scheme (EIS) relief was introduced to encourage investment in smaller, private British businesses. To support this, several tax incentives are available,...
Late Payment Interest: What You Need to Know
The Government announced in the Budget that late payment interest charges will increase from 6th April 2025. Currently, HMRC applies an interest charge of 2.5% above the base...
Farming-focused strategies for agricultural IHT relief
Changes to Inheritance Tax (IHT) rules coming into effect in April 2026 could have significant implications for farming families. The government plans to cap the amount of...
Avoid Missing the Tax Return Deadline: Key Information You Need
As the 2023/24 tax return deadline of 31 January 2025 approaches, it’s crucial to act promptly to avoid penalties. Whether you’re filing a personal, partnership, or trust...
Key Tax Points from UK Budget 2024: Bite Size Summary
Our Tax Director, Tom Foster, provides a bite-sized summary of the key tax points from the UK Budget 2024. This latest budget introduces impactful tax changes that could...
Last-Minute Pre-Budget Tax Planning Tips from Tom Foster
With the upcoming budget looming, many people are wondering if changes to tax laws will impact their financial planning. In these uncertain times, it’s more important...
Potential Tax Changes in the Upcoming Autumn Budget
As the first Autumn Budget under Labour’s leadership draws closer, businesses across the UK are anticipating potential tax changes. While it’s too early to predict...
Autumn Budget Expectations 2024: Insights from Lewis Brownlee
With the 2024 Autumn Budget approaching, significant changes are expected to impact businesses. In our latest blog, Tax Director Tom Foster and Payroll Manager Stephen...
AI in Accountancy: Staying Ahead in a Rapidly Changing Industry
The advent of artificial intelligence is transforming accountancy. It’s transforming most industries if truth be told, offering new tools and efficiencies that were once...
IHT Planning and Gift with Reservation of Benefit
Have you been thinking about inheritance tax (IHT) lately? It’s surprising how often it rears its head. But, there are a couple of main anti-avoidance rules to be...
What does the Labour election result mean for tax planning?
I suspect the fact we now have a new Labour Prime Minister in Keir Starmer won’t come as a particular surprise to anyone.  Taxation was a subject that frequently cropped up...
Child Benefits – 2024 Changes and what they mean for you!
As experts in Tax, it is important for us to keep people abreast of changes in legislation. It’s also important to remind people of useful information at the appropriate...