A Quick Guide to Employee Ownership Trusts (EOTs) Employee Ownership Trusts (EOTs) are an increasingly popular way for business owners to sell their company while protecting its long-term future. Introduced in the UK in its current form in 2014, an EOT enables...
On 21 May 2026, the Chancellor, Rachel Reeves MP, announced ‘Great British Summer Savings’, a package of measures aimed at cutting costs for families, particularly those with children. The following two measures are of particular importance to businesses: A 10p per...
Pool car – benefits Are you looking to purchase a car for your employees to use for business trips? You can capitalise on income tax and national insurance tax relief if you provide cars to your employees through a qualifying pool car arrangement. This will...
What sole traders and landlords must do before April 2026. Making Tax Digital for income tax (MTD IT) will become mandatory for many sole traders and landlords from 6 April 2026. It will change how you keep records and report income, and it will affect the way you...
Budget 2025 overview The 2025 Budget was delivered by The Chancellor, Rachel Reeves, on 26 November. The day had a tumultuous start due to the OBR’s accidental leak of the documents online hours before the Chancellor made her speech. The Government plans to raise...