News - Holeys

03-09-2024

Repeal of furnished holiday lettings tax regime – Last chance for capital allowance claims

The furnished holiday lettings (FHL) tax regime is set to be scrapped from April 2025, with draft legislation already on the table. If you own a holiday

03-09-2024

Reminder – The deadline to register for Self-Assessment is approaching

When you're self-employed, keeping track of essential dates and deadlines can be challenging. One crucial date to remember is 5 October 2024, which is the deadline to

01-08-2024

King’s Speech – What did he say? Why does it matter to you?

King Charles delivered his speech to Parliament last month following the election, setting out the priorities of the new Labour Government for the months ahead. The speech

01-08-2024

The Budget is coming – It is time to prepare

The first Budget of the new Labour Government has been announced to take place on 30 October 2024. Ahead of the budget, Chancellor Rachel Reeves has announced

01-08-2024

Audit rules are changing – Get ready

In a bid to ease the regulatory burden on businesses, new thresholds for classifying company sizes have been announced. This change, introduced by the previous Government, could

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