News - Holeys

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

04-12-2025

Employee Ownership Trusts: Are they still the right step for your business?

Employee Ownership Trusts (EOTs) have become one of the UK’s fastest-growing business succession models, and for good reason. Since their introduction in 2014, the Employee Ownership Association

04-12-2025

Failure to prevent fraud – Are you at risk of this new offence and how can better accounting and audits...

As the Government continues to put preventative fraud measures in place, it is essential that companies and Limited Liability Partnerships (LLPs) understand any changes that impact them.

04-12-2025

Pensions and tax: Ongoing reform and its impact on tax-efficient saving

The Autumn Budget confirmed that pensions and tax-efficient saving are entering a period of sustained and important change. Reforms to salary sacrifice, ISAs and the growing focus

04-12-2025

Working capital loans: A sign of the times or a useful support mechanism?

A recent report by Purbeck revealed that more than a third of SME loans agreed in October supported day-to-day cash flow – the highest level since early

04-12-2025

Personal Tax freeze – The impact of fiscal drag

The Chancellor, Rachel Reeves, has confirmed her plans to extend the Income Tax threshold freeze. The original end date of 2028 has now moved to the 2030/31

04-12-2025

How to prepare for the Autumn Budget’s changes to APR and BPR

Last year’s Autumn Budget hit business owners hard with the announcements of changes to Agricultural Property Relief (APR) and Business Property Relief (BPR). The new Inheritance Tax

04-12-2025

Will your festive spirits be dampened by tax liabilities? How trivial benefits impact your business

The festive season is rapidly approaching and it is natural to want to treat your employees. Unfortunately, even small gifts can have implications for your tax and

26-11-2025

Autumn Budget 2025

The Government faced a difficult job going into the Autumn Budget, as they navigate a growing national deficit, a seemingly never-ending cost-of-living crisis and political challenges.