Blog - Holeys

28-11-2024

How the latest HMRC advisory fuel rates impact your business travel costs

The HM Revenue & Customs (HMRC) advisory fuel rates, updated quarterly, play an important role in how businesses manage employee reimbursements for company car travel. With the

27-11-2024

How to stay secure ahead of the Self-Assessment deadline

As the 31 January Self-Assessment tax return deadline approaches, HM Revenue and Customs (HMRC) has issued a stark warning about an increase in scams. Fraudsters are targeting

21-11-2024

Succession or sale? The case for selling your business before the 2026 Inheritance Tax changes

The Autumn Budget brought clarity to many areas of tax planning, but for family-run businesses, one announcement could prove particularly challenging. From April 2026, businesses worth over

20-11-2024

Are you prepared for the payroll challenges of hiring seasonal workers?

With Christmas just over a month away, many businesses are finalising their plans for seasonal recruitment or are already welcoming temporary staff on board. While these extra

14-11-2024

A landlord’s guide to HMRC’s Let Property Campaign

The Let Property Campaign is an initiative designed by HM Revenue & Customs (HMRC) designed for landlords who may have undeclared income from letting out residential property,

13-11-2024

Steps for employers to remain compliant with National Minimum Wage increases

In the recent Budget, Chancellor Rachel Reeves announced that National Minimum Wage (NMW) rates would increase as of April 2025. This increase will bring fresh challenges for

07-11-2024

Double cab pickups to be taxed as company cars as Government confirms U-turn

In a detail that may have been missed underneath the headlines, the recent Budget introduced a change for businesses that use double cab pickups as part of

06-11-2024

How to ease the pressure within your business this Stress Awareness Day

Today marks UK Stress Awareness Day and a good time to reflect on how stress affects your business – and what you can do about it. Running

29-10-2024

Why regular financial forecasting is so important

If you want to secure the long-term success of your business, we highly recommend doing some financial forecasting. Whether you are managing growth, anticipating seasonal fluctuations, or

23-10-2024

MTD for ITSA – When will you have to report and what you need to know

You may already be familiar with Making Tax Digital (MTD), but the extension to Income Tax Self Assessment (ITSA) is something many self-employed individuals and landlords need

22-10-2024

The impact of extending the Income Tax threshold freeze

A recent report from the Financial Times has indicated that Chancellor Rachel Reeves may extend the freeze on Income Tax thresholds. This will likely be announced in