Blog - Holeys

04-11-2025

Preparing for Plan 5: The newest student loan payment structure

Students who started their undergraduate and advanced learner loan courses on or after 1 August 2023 will fall into the new Plan 5 payment plan bracket. From

04-11-2025

The UK’s residency rules explained – Six months on from the change

In April 2025, the UK’s ‘non-domicile regime’ was replaced with a new set of rules centred around an individual’s tax residency, taking in factors like an individual’s

04-11-2025

Bank and building society interest – What needs to be reported under Self Assessment?

HMRC has confirmed it is changing the way it will handle tax on bank and building society interests. What has HMRC changed? Since October 2025, HMRC has

04-11-2025

Could the Autumn Budget hold big changes to the taxation of partnerships?

With the November Budget just weeks away, one rumour appears to be gaining more traction than others. Media reports suggest that the Chancellor, Rachel Reeves, may introduce

04-11-2025

Family businesses most exposed to 2026 IHT reforms

In the October 2024 Budget, the Government confirmed reforms to Inheritance Tax (IHT) that will take effect from April 2026. The changes will restrict the availability of

04-11-2025

IR35: Increase in financial thresholds for “small” client company

HMRC has confirmed that the upcoming increase in company size thresholds will apply to the off-payroll working rules. From 6 April 2026, more end-client companies will qualify

30-10-2025

Are you on target to meet your business and financial goals in 2025?

We are sprinting towards the end of the year and with 2025 soon drawing to a close, it’s a good time to reflect and analyse whether you

29-10-2025

Can your business keep pace with the perks of self-employment?

Many businesses are feeling the pressure of recruitment challenges at the moment and it can sometimes feel like there are forces beyond your control dissuading the right

23-10-2025

Is your business ready for changes to Business Property Relief?

First announced in last year’s Autumn Budget, the changes to Inheritance Tax (IHT) are set to come into effect from April 2026. One of the changes that

22-10-2025

The pitfalls and promises of the business blitz – Will your business struggle or succeed?

With the Autumn Budget looming ominously on the horizon, Rachel Reeves seems keen to build some goodwill with businesses ahead of some likely tax hikes. Part of

16-10-2025

Why HMRC’s exemption list shouldn’t stop you preparing for MTD for Income Tax

Making Tax Digital (MTD) for Income Tax is less than six months away and now is the ideal time for self-employed individuals, sole traders and landlords to

15-10-2025

It’s beginning to look a lot like Christmas – Is your business ready?

Step into any supermarket right now and you will find a cornucopia of festive treats assailing your senses as the shops proactively prepare for Christmas. You might