News - Holeys

07-07-2026

Mixed picture for UK mergers and acquisitions– Where do the opportunities lie?

Mergers and Acquisitions (M&A) are a core part of business growth and resilience. Done well, the acquiring business benefits from a new market and the other company

07-07-2026

Should I gift a lump sum from my pension to family? Understanding the Inheritance Tax implications

You are likely aware of the upcoming inclusion of unspent pension pots for Inheritance Tax (IHT) calculations from 6 April 2027. This has sparked a wave of

07-07-2026

Employee Ownership Trusts – What business owners need to know

With more than 2,400 businesses now operating through an Employee Ownership Trust (EOT) structure, this has become a mainstream option for business owners thinking about succession and

07-07-2026

Benefits in Kind reporting is changing…again

The Government has revised its plans for mandatory payrolling of Benefits in Kind (BiK), introducing a phased approach that splits the rollout across two years. The timetable

07-07-2026

Small businesses to face new Companies House account filing rules from April 2028

After months of delays, the Government has finally confirmed how the Economic Crime and Corporate Transparency Act 2023 (EECTA) will change the way small businesses report their

07-07-2026

Less than a month left until the MTD reporting deadline, are you ready?

The first official deadline for Making Tax Digital (MTD) for Income Tax is 7 August 2026. By this point, if you are a sole trader or landlord

07-07-2026

Treasury finally confirms a 22 per cent tax on cash interest on Stocks and Shares ISAs

In a shocking turn of events, Rachel Reeves has confirmed the ISA tax that the Treasury previously deemed ‘nonsense’. From April 2027, savers could face a 22

02-06-2026

The hidden savings tax trap and why changes to ISAs make it harder to put money away

Do you know what your Personal Savings Allowance is? While most taxpayers in the UK will know the thresholds for Income Tax, a worrying few know the

02-06-2026

Salary sacrifice cap and the squeezed middle

The £2,000 cap on National Insurance (NI) free salary sacrifice pension contributions was sold as a tax on high earners but, if you look closer, the opposite

02-06-2026

Government summer savings spree adds complexity to VAT for hospitality and tourism

When Rachel Reeves announced a temporary cut in VAT from 20 per cent to five per cent for family attractions and children's dining over the summer holidays,

02-06-2026

Classic cars, jewellery and handbags – How high luxury is accounted for in Inheritance Tax

Inheritance Tax (IHT) is paid on all items of your estate after you pass away if you exceed certain thresholds. Whilst many people focus on their savings,

02-06-2026

HMRC raise mileage rates and allowances

Chancellor Rachel Reeves announced an increase in HMRC's approved mileage rates for cars and vans from April 2026 for the first time since 2011 in a speech