Blog3rd Nov 2026
The government has now confirmed in the Autumn Budget 2026 that the Foreign Branch Exemption regime will become mandatory for most UK resident companies for accounting periods beginning on or after 1 January 2027. This follows the policy announcement earlier…
View moreBlog3rd Nov 2026
Earlier this year, we discussed the UK Government consultation to remove US LLC double taxation. The UK government has confirmed that it now intends to tackle the long-standing double taxation issues faced by UK-resident individuals investing through US Limited Liability…
By Lynn Gracie
View moreBlog30th Oct 2026
The Chancellor has confirmed plans to modernise the Income Tax Self Assessment Payments on Account regime from April 2029. The changes will affect self-employed individuals, landlords and others with income that is not taxed at source. Under the current system,…
View moreBlog30th Oct 2026
The Autumn Budget 2026 included a further increase in the rates of tax applying to savings and property income, continuing the government’s policy of narrowing the gap between the taxation of earned income and income generated from assets. From April…
By Jill Walker
View moreBlog29th Oct 2026
VAT did not dominate the Chancellor’s 2026 Budget announcements. However, a number of measures announced by the Government will have practical implications for businesses, charities, housing associations and public sector bodies over the coming years. Whilst many of the measures…
View moreBlog28th Oct 2026
The Chancellor, John Healey, delivered his first Budget, badged as a Budget to provide breathing space today whilst laying the foundations for the future. Whilst the Chancellor kept to the government’s commitment not to increase the headline rates of tax…
By Jill Walker
View moreBlog28th Oct 2026
The Chancellor, John Healey, delivered his first Budget, badged as a Budget to provide breathing space today whilst laying the foundations for the future. Whilst there were no changes to the headline rate of Corporation Tax, the Budget included changes…
View moreBlog27th Oct 2026
At the beginning of October, we asked our owner-managed business clients what they wanted to see from the Budget on 28 October, and their answers were clear and consistent. They want to see the cost of employing people to stop…
View moreBlog27th Oct 2026
As part of its ongoing programme to modernise compliance powers, HMRC has proposed a new statutory “Duty to Correct” for tax return errors, alongside a new power to issue Customer Correction Notices. If enacted, the changes would represent a significant…
View moreBlog16th Oct 2026
You may have noticed a drop in your operating costs under the new FRS 102 rules, making EBITDA look much better. However, in this article we’ll set out why this isn’t necessarily good news and explain how new FRS 102…
By Andy Stephen
View moreBlog16th Oct 2026
Manchester has been undergoing significant changes for a number of years, and it now seems like the rest of the UK is catching on, with Manchesterism firmly in the spotlight. Looking at the city’s business community, it’s full of exciting…
View moreBlog14th Oct 2026
The UK’s Carbon Border Adjustment Mechanism (CBAM) comes into force on 1 January 2027. It introduces a carbon-based charge on certain imported goods to ensure overseas producers face a similar carbon cost to UK manufacturers. For many businesses, UK CBAM…
View more