All Numbers

01/06/2026

Running a business will always come with costs, from suppliers to general overheads, these can build up to significant amounts over the course of a year and chip away at...

27/05/2026

HMRC have launched a new advance checker for those wishing to make research and development (R&D) tax relief claims to obtain confirmation that planned activities are likely to qualify. HMRC...

26/05/2026

Uplift to mileage allowance
After much lobbying, the mileage allowance that employers can pay their employees for using their own vehicle for business journeys has been raised from 45p per mile to 55p per mile for the first 10,000 miles. This takes effect from 6 April 2026. It isn’t a significant increase but better than not doing it at all!

26/05/2026

Capitals allowances are a tax adjustment to the profit of a business and are taken off the profit before any tax is calculated.

Capitals allowances are a tax adjustment to the profit of a business and are taken off the profit before any tax is calculated. Capital allowances are formed of the costs...

13/05/2026

HMRC are aware of a current tax avoidance scheme where landlords are encouraged to use what is sometimes referred to as a “hybrid business model”.

HMRC are aware of a current tax avoidance scheme where landlords are encouraged to use what is sometimes referred to as a “hybrid business model”. This involves setting up a...

13/05/2026

The term cashflow gets banded around businesses all the time, but not everyone knows what a cashflow is let alone fully understand one. A cashflow is, at its heart, a...

13/05/2026

Motor Finance Compensation.
Currently in the media is the issue of mis-sold car finance. Although compensation payouts for those affected is a good thing overall it must be considered whether there are any tax implications on receipt of the money. Whether you are an individual or a company that is due a payout there will be tax issues to consider such as declaring the interest added to the compensation.

11/05/2026

Should I have my buy-to-lets in a company?
As more tax hikes have been aimed at landlords is it worth considering using a company for your buy-to-lets.
No surprise but it depends as there are many aspects to think about. However, if you are a basic rate or non-taxpayer and need the rental income to live on you are probably better off owing properties personally. If you don’t need to use the money to live on, are a higher rate taxpayer and have plans to pass the properties on to family then it may be more favourable to operate through a company.
This is a very simplistic view and each individuals circumstances should be considered before any final decisions are made.

05/05/2026

With the soaring temperatures and increase in extreme weather events, not just in the UK but on a global scale, is it time to do your part and try to...

27/04/2026

HMRC are moving forward with their new digital tax system, Making Tax...

There has been a lot of publication of the new changes to the tax system, mostly by HMRC. HMRC are moving forward with their new digital tax system, Making Tax...