Blog - Holeys

02-09-2026

Crypto investors have paid £1.38 billion in tax: Do you know what you need to pay?

HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax. Now, for the first time, HMRC has

01-09-2026

Sequencing short-term finance effectively is vital for avoiding the interest trap

For many businesses, short-term finance can provide an essential lifeline when cash flow becomes tight. Whether a business needs support covering a gap between paying suppliers and

01-09-2026

Inflation increases to a four-month high – How will businesses be impacted?

The rate of inflation has hit 2.9 per cent in July 2026, up from 2.6 per cent in June, according to the latest data that has been

01-09-2026

Gifting out of income – The overlooked way to reduce Inheritance Tax

For many people, giving financial support to family members is an important part of their financial planning. Whether it is helping children with pension contributions or providing

01-09-2026

Reckless tax statements: How could an honest mistake become criminal?

In June 2026, the Government published a document to gather views on the introduction of a criminal offence for making reckless or untrue statements relating to tax.

01-09-2026

Apprenticeship funding has changed – What does this mean for your next hire?

New funding rules for apprenticeships have been introduced, impacting any apprenticeships starting after 1 August 2026. This could affect more employers than before as apprenticeships are becoming

01-09-2026

£4.4bn lost to the heat: Is your business ready for the next heatwave?

With temperatures breaking 30 degrees on multiple occasions in 2026, scorching heat is becoming the new normal. Consecutive heatwaves have wiped £4.4 billion from the UK economy,

27-08-2026

You don’t own the business, but do you still owe the tax? HMRC ‘failure to notify’ penalties following a share...

If you are a shareholder in a company you have little involvement in, you might not realise a share disposal can trigger Capital Gains Tax (CGT). Shares

26-08-2026

Pokémon cards and cryptocurrency: Understanding Capital Gains Tax when selling assets for a profit

Capital Gains Tax (CGT) receipts were up 17.6 per cent in July compared to July 2025, highlighting the growing importance of understanding the tax implications of asset

20-08-2026

Sole trader vs limited company for side hustles – Which is the most tax-efficient?

With many individuals starting a ‘side hustle’ to supplement their salary, setting up as a sole trader or limited company is the first big decision. Whether this

19-08-2026

HMRC is set to automatically sign up thousands of taxpayers to MTD after a slow uptake

The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning over £50,000 a year set to

13-08-2026

Why is keeping business and personal finances separate so important?

Where personal spending and business spending overlap, financial tracking can unnecessarily become a headache. A few transactions here and there might not seem like a huge deal