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...
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...
Double cab pick-up trucks will be treated as company cars for the purpose of benefit-in-kind (BIK) tax and capital allowances from April 2025. Currently, double cab pick-ups that can carry more than 1 tonne are typically classified as commercial vehicles. This has...
The ABCs of VAT for small business Value Added Tax (VAT) is a significant part of the UK tax system. If you run a VAT-registered business, you’re required to charge this tax on most goods and services, which you must then report and pay to HMRC. Basically, you are...
Autumn Budget roundup A Budget full of tricks rather than treats – Here’s our Autumn Budget roundup Rachel Reeves announced a range of fiscal adjustments in the Autumn Budget. Focusing on employer contributions and personal tax thresholds to sustain...
