The 2026/27 economic outlook: slower growth, stubborn costs — and what it means for your business
Forecasters broadly agree: the UK will keep growing, but slowly, with inflation rising again and interest rates likely to go up before they come down. Here’s what that means for owner-managed businesses, landlords, care providers, charities and professional practices — and what to do before April 2027. Every autumn the forecasters publish their view of […]
Budget 2026: what it means for you and your business
The Chancellor’s Budget 2026 brings no increases to the headline rates of income tax, National Insurance, VAT or corporation tax. However, significant changes are coming for business owners planning an exit, landlords, savers and employers. Most of these changes will take effect from April 2027, giving businesses and individuals a valuable but limited window to […]
Business Asset Disposal Relief is now 18% — what it means if you’re selling
BADR has risen from 10% to 14% to 18% in two years. On a £1 million qualifying gain, that is £80,000 more tax than a seller would have paid in 2024/25. Here is what it changes.
Your family may no longer inherit the business tax-free
For decades, a qualifying trading business could pass to the next generation free of inheritance tax. That is no longer reliably true — and the tax now has to be funded from somewhere. For as long as most business owners have been in business, the position has been simple: build a qualifying trading company, and […]
Charity thresholds change on 30 September 2026 — many charities will leave audit behind
This is the most consequential change to charity reporting in a decade, it is unambiguously in charities’ favour, and a great many trustees do not yet know it is coming. If your charity’s financial period ends on or after 30 September 2026, the rules that determine whether you need an audit — and how much […]