It has been reported that UK taxpayers have paid £153.7 billion in tax and National Insurance (NI) in May 2026.
The 53 per cent tax surge: How frozen thresholds are quietly costing you more


It has been reported that UK taxpayers have paid £153.7 billion in tax and National Insurance (NI) in May 2026.

2029 may seem like a while away. However, from that point, B2B and B2G transactions must be invoiced electronically and businesses must be prepared to adapt to this new requirement with minimal disruption.

The revised version of FRS 102 has now come into effect for accounting periods starting on or after 1 January 2026 and it will affect how your business prepares accounts under UK GAAP.

Staff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make and how to plan for them.

Effectively managing your budget is crucial for business success, especially in challenging economic times.

From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?

If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC) regarding whether you need to continue submitting a Self-Assessment tax return.

If you’ve invested in a property to let and furnished it, you will be liable to pay tax on the income you receive from letting the property out.

The Department for Science, Innovation and Technology (DSIT) has recently introduced a vital initiative targeted at small and medium-sized enterprises (SMEs) in the Professional Business Services sector.

Scaling your start-up is a crucial decision for business owners, as it can directly impact the business’s long-term success.