Who doesn’t like a complimentary drink? Whether it’s a glass of wine at a restaurant, a beer at a brewery tour, or a drink offered to a waiting customer, hospitality has become part of the customer experience for many businesses. But if you’re a VAT-registered business offering a drink to your customers free of charge, […]
Author Archives: Priya Raja-Motala
18
Aug
Aug
When you first start a business, the future feels full of possibility. Everyone is excited, the shareholders are aligned, you’re all working towards the same vision, and it’s easy to believe that things will always stay that way. That optimism is one of the best parts of building a business. But it’s also the reason […]
capital gains tax, HM Revenue & Customs, Landlords, Tax Planning
Could Capital Gains Tax Be the Next Tax Under Attack? What Business Owners, Investors and Landlords Need to Know
12
Aug
Aug
Rumours are already gathering pace ahead of the Autumn Budget, which is set to take place on 28th October. Could Capital Gains Tax (CGT) be the next tax under attack? At this stage, nobody outside the Treasury knows exactly what will happen. However, history tells us that when governments need to raise money, Capital Gains […]
05
Aug
Aug
Running a small business has never been easy, but in today’s economic climate it can often feel overwhelming. With rising costs, changing legislation, staffing challenges and economic uncertainty, business owners like yourselves are expected to make dozens if not hundreds of decisions every single day. Some decisions are major, such as whether to recruit, invest […]
Business Tips, Personal Tax, Tax Tips, VAT
We have a new government, which means getting ready for changes
22
Jul
Jul
On Monday 20 July 2026, the UK welcomed a new Prime Minister, Andy Burnham. In his first speech outside Number 10, he highlighted the need to do politics better and the need to make this moment a circuit breaker for Britain. What’s not to like about that statement? We are sure you can resonate with […]
15
Jul
Jul
For many property owners and business families, inheritance tax (IHT) planning sits on the “we’ll deal with it later” list. But what happens to the family wealth when you’re no longer here? When estates start growing beyond a few million pounds, leaving planning too late can result in a significant proportion of family wealth being […]
08
Jul
Jul
If you have just completed and filed form P11Ds, you will know this is an annual process that has been in place for more than 60 years. It is the form used to report taxable benefits and expenses provided to employees and directors that have not already been taxed through payroll. But now we will […]
Business Tips, HM Revenue & Customs, Tax Tips
Tax Update 2026: What Every UK Small Business Needs to Know about the direction of travel
01
Jul
Jul
Last week’s latest Tax Update 2026 (policy paper) signals one thing loud and clear: the UK tax system is becoming more complex, not less. From proposed changes to income tax payments and VAT, to tougher HMRC enforcement powers and new digital requirements, businesses will need to stay informed to avoid costly mistakes. While many of […]
HM Revenue & Customs, Tax Advice, Tax Planning, Tax Tips
HMRC Has a Chatbot Now… But Would You Trust It With Your Tax?
17
Jun
Jun
HM Revenue & Customs (HMRC) has recently launched a new artificial intelligence chatbot called GOV.UK Chat, aimed at answering taxpayers’ questions online. On the surface, this seems like a positive development: quicker answers, no waiting on hold, and readily available guidance. What’s there not to like? But would you trust it with your tax? The […]
Business Tips, Tax Advice, Tax Planning, Tax Tips
Paying Your Children Through Your Business: Smart Tax Planning or More Trouble Than It’s Worth?
10
Jun
Jun
Running a small business often involves juggling multiple responsibilities. One moment you’re serving clients, and the next you’re managing cash flow, handling administration, and trying to keep up with marketing. However, there may be someone in your household who excels at these tasks. Younger family members can be an asset for social media posts, general […]