Blog & News

Thinking of selling your business one day? Even if you’re not ready yet, if that’s something you have in mind at some time in the future, the businesses that get the best price are rarely the ones that go on the market overnight.

Before you can decide who gets what, you need to work out what you have. Let’s start with your estate planning – and a good place to start is to make a summary of your assets and liabilities. Once you’ve got a clear idea of this, you need to work out the annual income your assets generate.

Having an income from property is more and more common, whether you’ve kept a property you owned before moving in to share with a partner, an inheritance or a planned investment, it’s residual income and, therefore, most of it taxable!

For many business owners and employees travel is an essential part of their business function. This is an update on travel expenses!

Successful businesses don’t happen by accident. Growing profits is not happenstance, but the result of company owners with their fingers on the pulse of their businesses.

The first instalment is due at the end of January, along with any balance of tax due for that tax year – and is calculated based on your tax liability for that tax year. So in January 2026 you’ll pay the first instalment of the tax for the 2025/26 tax year – but it will be based on your tax liability in 2024/25.

Taking an employee on means your business is growing and you need support — that’s a good thing! But it’s important to have a clear picture of what employment actually costs, so you can plan ahead with confidence.

Trusts are a misunderstood beast, often viewed as magic structures which mean no tax implications at all, this is far from the case.

Managing your money is not new, the Richest Man in Babylon is a book featuring a series of short stories about how the citizens of Babylon acquired their wealth.  It was published 100 years ago – and Babylon itself existed thousands of years BC, becoming the largest city in the world up to 320 years BC.

An umbrella company is an intermediary entity that engages individuals, typically as employees, to provide services to clients. The most common example would be an employment agency providing temporary workers to third parties.

The Employment Rights Act 2025 is changing and it’s important to understand the changes, how they affect you and your employees, and ensure you comply to avoid ending up in an expensive tribunal.

The saying goes that the only certainties in life are death and taxes – and those two are inextricably linked. Inheritance tax (IHT) is evolving and, even if you’ve already got a sound financial plan in place, it could be worth reviewing it.