The Autumn Budget 2026 is likely to be one of the most closely watched fiscal events for many years. With Andy Burnham widely expected to become Labour leader and Prime Minister before the Budget, businesses and taxpayers are naturally asking whether a change in leadership could result in a different economic agenda. Although it is […]
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Families claiming Child Benefit should be aware of the High Income Child Benefit Charge (HICBC), which can apply when one member of the household has a higher income. The charge applies where an individual has adjusted net income of more than £60,000 in a tax year and either they or their partner receives a Child […]
Research and Development (R&D) tax relief is designed to support companies that invest in innovation and seek to make advances in science or technology. The scheme offers businesses the ability to invest in new technologies and scientific development in exchange for generous tax reliefs. However, not every project will qualify, and businesses should carefully consider […]
At some point in the life of a business, additional funding may be needed to support growth, purchase equipment, recruit staff, invest in new premises or simply strengthen cash flow. While there are now many alternative finance providers, banks remain an important source of business funding for many organisations. Preparing thoroughly before approaching your bank […]
Many UK businesses focus their sales efforts entirely on the domestic market, yet exporting can offer significant opportunities for growth, diversification and increased profitability. Advances in technology, online marketplaces and international logistics have made it easier than ever for businesses of all sizes to reach customers overseas. For some businesses, expanding into international markets could […]
For many taxpayers, the second Self-Assessment payment on account for the 2025-26 tax year falls due on 31 July 2026. While the January payment often receives most attention, the July instalment can arrive surprisingly quickly, particularly for business owners, landlords and self-employed individuals who have experienced fluctuating income or increased costs during the year. Planning […]
Working capital is the difference between a business’s current assets, such as cash, stock and money owed by customers, and its current liabilities, such as supplier invoices, taxes and other short-term debts. In simple terms, it measures a business’s ability to meet its day-to-day financial obligations and continue operating smoothly.Why working capital mattersMany profitable businesses […]
While the government recently hit the pause button on those big Companies House changes until 2028, another massive digital shake-up is already here. As of April 2026, Making Tax Digital for Income Tax (MTD ITSA) is officially live for thousands of self-employed people and landlords across the UK. If your gross business or property income […]
What Smaller Businesses Need to Know The UK government has officially delayed major changes to small business and micro-entity accounts filing under the Economic Crime and Corporate Transparency Act 2023 (ECCTA) from April 2027 to April 2028. This delay grants small businesses exactly one full accounting year and nine months of breathing room. However, directors […]
Another rising cost for businesses Many business owners are continuing to face increasing financial pressure during 2026 and concerns over possible business rates increases are adding to the uncertainty. For retail businesses, hospitality operators, offices, workshops and many other commercial premises, business rates remain a significant fixed cost which can have a major impact on […]