News - Holeys

01-08-2024

Worried about a new tax bill? A guide for pensioners

Recently, many pensioners received surprising news: a tax bill for the first time. This stems from HM Revenue & Customs (HMRC) decision to send letters to over

01-08-2024

How to keep your business afloat amid rising HMRC pressures

Recently, there has been a significant increase in company closures due to petitions from creditors, particularly HM Revenue & Customs (HMRC). In 2023, forced closures rose by

01-08-2024

SME late payments surge: How to mitigate the impact

The issue of late payments has become a growing concern for small businesses. Recent data from Xero Small Business Insights reveals that, on average, payments were made

05-07-2024

Labour’s election win – Understanding its impact on your finances

As the sun rose on Friday morning, Labour began its celebration of a significant victory, claiming a majority that fell short of its last landslide success in

02-07-2024

Inside the private equity boom

Private equity investment has been a significant force in the financial world for some time. However, the nature of private equity has changed considerably in the last

02-07-2024

Taxes on the rise: A certainty, not a possibility

By the time you read this, the next UK Government is likely to have been formed. Whatever the outcome achieved in the election and despite the various

02-07-2024

Management buyouts – An alternative approach to exit and succession

When developing your business exit and succession strategy, you must consider all possible avenues, including those which might not seem so obvious. A management buyout (MBO) is

02-07-2024

Invoice fraud becoming a significant problem

Invoice fraud, affecting one in three companies, involves deceptive practices that trick businesses into making payments to fraudulent accounts. As fraudsters' techniques become more sophisticated, businesses must

02-07-2024

Total Income Tax and NI income hits new high

HM Treasury has taken £77.2 billion in Income Tax and National Insurance (NI) since April 2024 – signalling the effect of the freeze in the Personal Allowance

02-07-2024

What the summer may mean for your business

Whether the hot weather lasts or not, summer is here to stay, bringing with it seasonal challenges and opportunities for business owners. You may think summer is

05-06-2024

Three great reasons to file your tax return early

We often find that clients begin to show signs of stress when the Self-Assessment tax return deadline approaches. This is just one of the reasons we recommend

05-06-2024

New advisory fuel rates for electric company cars

HM Revenue & Customs (HMRC) has recently announced new Advisory Fuel Rates (AFRs) that will take effect from 1 June 2024. These changes include a reduction in