Welcome to our July newswire

Mergers and Acquisitions (M&A) are a core part of business growth and resilience. Done well, the acquiring business benefits from a new market and the other company gets access to additional resources and support. Government data has shown changes in the value of UK M&As, so it is necessary to understand how opportunities may manifest […]

You are likely aware of the upcoming inclusion of unspent pension pots for Inheritance Tax (IHT) calculations from 6 April 2027. This has sparked a wave of interest in finding alternative ways to save for the future. While it might seem necessary to reduce the amount contained in your pension pot, there are tax implications […]

With more than 2,400 businesses now operating through an Employee Ownership Trust (EOT) structure, this has become a mainstream option for business owners thinking about succession and exit. The tax benefits that helped drive that growth have recently changed, but EOTs remain a competitive succession route. For many owners, the financial case was never the […]

The Government has revised its plans for mandatory payrolling of Benefits in Kind (BiK), introducing a phased approach that splits the rollout across two years. The timetable has already shifted once, with the original April 2026 start date having been pushed back, so the new changes provide additional confusion for businesses. Employers now need to […]

After months of delays, the Government has finally confirmed how the Economic Crime and Corporate Transparency Act 2023 (EECTA) will change the way small businesses report their finances to Companies House. The new rules take effect from 1 April 2028 and will affect small companies and micro-entities across the UK. Profit and Loss (P&L) accounts […]

The first official deadline for Making Tax Digital (MTD) for Income Tax is 7 August 2026. By this point, if you are a sole trader or landlord earning over £50,000 a year, you must have registered and filed your first quarterly report to HMRC. What is MTD? HMRC introduced MTD in an attempt to modernise […]

In a shocking turn of events, Rachel Reeves has confirmed the ISA tax that the Treasury previously deemed ‘nonsense’. From April 2027, savers could face a 22 per cent tax on interest earned from uninvested cash held in a Stocks and Shares ISA. What changes are being made to ISAs? The Autumn Budget confirmed several […]