Why Management Skills Matter More Than Ever for Business Owners Many people start a business because they are good at what they do. A great designer sets up on their own. A skilled electrician goes self-employed. A consultant turns expertise into income. What often comes later is realising that running a business and doing the…
Getting Ready for Making Tax Digital With just 10 weeks or so to go until the new tax year, many businesses are preparing for the changes that Making Tax Digital (MTD) will bring. From April, sole traders and landlords with an income of over £50,000 will need to submit quarterly updates to HMRC. It is…
Starting 2026 with a Clear Plan for Your Business and Yourself The start of a new year is a natural moment to take stock of your business. You probably have ambitions for your business, but you also want it to help you reach your personal goals. Many business owners take out to periodically set priorities for…
Delays to implementation of Leasehold & Freehold Reform Act 2024 The Leasehold & Freehold Reform Act 2024 (LAFRA) received Royal Assent just before the 2024 general election and was welcomed by leasehold homeowners because it promised to make it easier and cheaper to extend a lease or buy a freehold. LAFRA measures have not been…
Budget 2025: What Businesses Can Take from the OBR’s Verdict on Growth The latest Budget was packed with policy announcements, but according to the Office for Budget Responsibility (OBR), these policies will not really change the UK’s growth outlook over the next five years. Compared with the forecast it prepared in March 2025, the OBR…
Dividend Tax Rates Rising in April 2026: What Does It Mean for Profit Extraction? The recent Budget confirmed that dividend tax rates will increase from April 2026. The ordinary and upper rates of dividend tax will both rise by 2%. For many small and medium-sized companies, dividends are central to how owners pay themselves. With…
Budget 2025: key measures for property landlords Budget 2025 was presented to Parliament on 26 November 2025. Several tax measures were announced that will affect property landlords. Income tax on dividend income The income tax rates for dividend income will increase from 6 April 2026: The basic rate will increase from 8.75% to 10.75%. The…
Autumn Budget 2025: What Does It Mean for Your Business? After weeks of speculation about what Budget 2025 would contain, the Chancellor was unexpectedly upstaged when the Office for Budget Responsibility (OBR) accidentally published their report revealing key policy measures ahead of the official announcement. Although the report was quickly withdrawn, the information had already…