Trading or not? Why income nature matters for BADR
Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, offers business owners a reduced Capital Gains Tax (CGT) rate on disposals of shares or…
Continue reading
Who is left holding the bill for the 2025 Spending Review?
Announced on 11 June 2025, the Spending Review is set to increase day-to-day spending from £517.5 billion in 2025/26 to £583.9 billion in 2028/29 and investment…
With Tax Freedom Day now in mid-June, are business owners paying more than their fair share?
For many business owners, the phrase Tax Freedom Day may sound abstract, but it is a concept that is becoming increasingly relevant.
Maximising trading losses with Corporation Tax relief
Managing trading losses effectively can transform periods of difficulty into strategic opportunities, yet many businesses remain unclear about how to achieve the greatest benefit from…
Directors and the minimum wage – The compliance risks you may be overlooking
Since 1 April 2025, new National Minimum Wage (NMW) and National Living Wage (NLW) rates have applied across the UK, bringing substantial increases that affect…
Is your business ready to go viral? The financial risks (and rewards) of sudden success
The annual search for the UK’s most amusingly named small business is back, with entries flooding in for Simply Business’s £2,500 prize.