Blog - Holeys

31-07-2025

HMRC launch trial stopping Corporation Tax reminder letters: How will this affect my business?

HM Revenue and Customs (HMRC) has launched an initial trial that will end the sending of Corporation Tax reminder letters. Launched earlier this month, the trial is

30-07-2025

How much thought do you give to the local area when running a business?

Most of us have heard the frightening statistics that half of new businesses fail within three years of opening. For existing businesses, ongoing market concerns can result

24-07-2025

A new online service for over 35 million UK taxpayers to control their tax affairs, but why the change?

HM Revenue and Customs (HMRC) have begun to roll out its ambitious Transformation Roadmap and the first announcement from this, is a brand-new system for workers to

23-07-2025

Government borrowing at record high – how will your business be affected?

Anyone even tangentially involved in UK economics will have noticed that the future is not looking bright. It is all but certain now that there will be

17-07-2025

Why is Wealth Tax a hot topic of discussion?

As the Autumn Budget approaches, there is plenty of noise surrounding Rachel Reeves’ plans for current tax rates, whether there will be increases, freeze extensions and the

16-07-2025

Saving your money and the planet – How businesses can handle environmental taxes

In addition to rising operating costs and economic uncertainty, many businesses are finding themselves at risk of losing out due to environmental taxes. Some of these are

10-07-2025

Are you on HMRC’s radar? The rising cost of money laundering compliance breaches

HM Revenue & Customs (HMRC) recently published its latest round of penalties for businesses breaching money laundering regulations, and the numbers should make any business owner sit

09-07-2025

Are tax rises on the horizon? What recent activity at The Treasury means for you and your business

While the 2025 Spending Review focused on long-term investment rather than introducing new taxes, the scale of spending suggests that future tax rises are likely. Where have

09-07-2025

Green levies on UK businesses to be cut

The UK Government has confirmed that it will reduce green levies for energy-intensive industries. These cuts aim to drive growth in key sectors, such as manufacturing and

09-07-2025

Cash flow constraints – 57 per cent of businesses warn of rising costs

57 per cent of small to medium-sized enterprises (SMEs) have warned of rising costs over the next quarter, according to Intuit QuickBooks’ latest Small Business Insights survey.

09-07-2025

Child Benefit repayments changing for thousands this summer

The way families make Child Benefit repayments to HM Revenue & Customs (HMRC) is changing. From the summer, many families will have the option to report their

09-07-2025

Are your systems ready for MTD? Five things to check as the clock ticks down

HM Revenue and Customs (HMRC) is working to enhance compliance and improve efficiency with tax filings by implementing Making Tax Digital (MTD) for Income Tax. However, taxpayers