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Bank lending to UK businesses has dropped to the lowest level in 30 years

Bank lending to UK businesses has dropped to the lowest level in 30 years

4 June 2026

Weak economic growth and tighter regulations on lenders are to blame for the largest drop in bank lending to UK businesses in 30 years, according…

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HMRC raise mileage rates and allowances

HMRC raise mileage rates and allowances

4 June 2026

Chancellor Rachel Reeves announced an increase in HMRC’s approved mileage rates for cars and vans from April 2026 for the first time since 2011 in…

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Classic cars, jewellery and handbags – How high luxury is accounted for in Inheritance Tax

Classic cars, jewellery and handbags – How high luxury is accounted for in Inheritance Tax

4 June 2026

Inheritance Tax (IHT) is paid on all items of your estate after you pass away if you exceed certain thresholds. Whilst many people focus on…

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Government summer savings spree adds complexity to VAT for hospitality and tourism

Government summer savings spree adds complexity to VAT for hospitality and tourism

4 June 2026

When Rachel Reeves announced a temporary cut in VAT from 20 per cent to five per cent for family attractions and children’s dining over the…

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Salary sacrifice cap and the squeezed middle

Salary sacrifice cap and the squeezed middle

4 June 2026

The £2,000 cap on National Insurance (NI) free salary sacrifice pension contributions was sold as a tax on high earners but, if you look closer,…

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The hidden savings tax trap and why changes to ISAs make it harder to put money away

The hidden savings tax trap and why changes to ISAs make it harder to put money away

4 June 2026

Do you know what your Personal Savings Allowance is? While most taxpayers in the UK will know the thresholds for Income Tax, a worrying few…

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