If you’ve recently filled up your car, you’ll know how quickly business travel costs mount up. Last week’s Budget announced increases to both mileage allowances and subsistence scale rates. These changes are welcome for everyone, as current rates have fallen behind rising food and fuel costs in recent years. What do the new rules mean […]
Category Archives: Tax Planning
Business Tips, Landlords, Tax Advice, Tax Planning, Tax Tips
Key Announcements in the Autumn Budget 2026
30
Oct
Oct
The Chancellor of the Exchequer, John Healey, presented us with his first Budget yesterday. It felt like a Budget of lots of small announcements, with nothing pointing to a major shift. In this blog, we look at the major announcements and the areas where you could be affected. Personal allowances and tax rates remain unchanged […]
Business Tips, Myers Clark News, Personal Tax, Tax Planning
Rumours are already gathering pace ahead of the Autumn Budget. Should you react?
05
Oct
Oct
The Autumn Budget is just a few weeks away on Wednesday 28 October. And, as always, the rumours have already started. Will Capital Gains Tax increase? Will there be more changes for business owners? Will the tax-free pension lump sum be attacked? Will the Government look to raise more money from wealth rather than income? […]
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 […]
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 […]
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 […]
Business Tips, Tax Advice, Tax Planning, Tax Tips
Thinking About Stepping Back One Day? Apple’s CEO Handover Has a Lesson for You
13
May
May
Last month, Apple announced that Tim Cook will step aside as Chief Executive on 1 September 2026, handing over the role to John Ternus, the company’s long‑standing head of hardware engineering. Cook isn’t stepping away completely; he’ll still remain involved as executive chairman, helping support the transition and ensure continuity. Apple described this change as […]
Corporation Tax, Tax Advice, Tax Planning, Tax Tips
Why Going Electric Through Your Company Just Makes Business Sense
15
Apr
Apr
Who isn’t currently keeping an eye on petrol and diesel prices almost every day? The answer is simple: those who drive electric vehicles (EVs). While fuel prices continue to rise and fluctuate due to global events, EV drivers enjoy a level of stability that traditional drivers can only wish for. This is only one reason […]
08
Apr
Apr
It’s completely normal to start thinking about tax planning towards the end of the tax year. This is typically when the urgency increases, deadlines loom, last-minute tips circulate, and there’s a rush to “do something before April 5.” We’ve all experienced this frenzied environment. However, it’s worth asking: shouldn’t we consider tax planning at the […]