Blog - Holeys

22-01-2026

Millions of UK workers are overpaying tax every year

A new Freedom of Information requested from HMRC, released to the public has found that 5.6 million in the UK paid more tax than they needed to

21-01-2026

What to do if you can’t pay your Self-Assessment tax bill on time?

The deadline for your Self-Assessment tax bill is just over a week away and you may find yourself under increasing pressure if you cannot pay it. While

15-01-2026

HMRC warns taxpayers about mid-year Capital Gains Tax changes

HMRC has issued a warning to taxpayers completing their Self Assessment tax returns that their online software cannot automatically make calculations to account for the mid-year increase

14-01-2026

The FRS 102 changes are now in effect: What should businesses do now?

The revised version of FRS 102 has now come into effect for accounting periods starting on or after 1 January 2026 and it will affect how your

08-01-2026

HMRC records festive tax return frenzy

According to the latest statistics from HMRC, more than 4,600 Self Assessment taxpayers completed and filed their tax return on Christmas Day. They were part of the

07-01-2026

The clock is ticking down to payrolling Benefits in Kind: What employers need to know

From April 2027, all UK employers will be required to payroll Benefits in Kind (BiKs) rather than reporting them through the traditional P11D process. While this may

07-01-2026

Cashflow crisis: Why SMEs continue to struggle

Recent research from the Chartered Institute of Credit Management (CICM) has revealed that 82 per cent of SMEs have faced cash flow difficulties. For many small businesses,

07-01-2026

Employment Rights Act 2025 is here – How employers can prepare their payroll

The Employment Rights Act 2025 has reached the end of its parliamentary debate and is set to bring significant changes to UK Employment Law. Employers are now

07-01-2026

MTD countdown underway – Landlords and sole traders have just months left to prepare

The Making Tax Digital (MTD) for Income Tax countdown is on and landlords and sole traders who are not prepared may face costly repercussions. From 6 April

07-01-2026

What are the upcoming changes to EIS and VCTs?

Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) are both set to experience changes from April 2026, as was revealed in the Autumn Budget. These schemes

07-01-2026

How will HMRC changing its system of fines affect you?

Following the Autumn Budget, it is increasingly clear that the Government is toughening its approach to tax compliance. This is a break with tradition, as penalties have

07-01-2026

What impact will the Agricultural Property Relief (APR) and Business Property Relief (BPR) U-turn have?

Given how recently the Autumn Budget was, most people had assumed that all of the big tax measures for the year had been issued. However, Rachel Reeves