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Reckless tax statements: How could an honest mistake become criminal?


In June 2026, the Government published a document to gather views on the introduction of a criminal offence for making ...

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Gifting out of income – The overlooked way to reduce Inheritance Tax


For many people, giving financial support to family members is an important part of their financial planning. Whether it is ...

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Inflation increases to a four-month high – How will businesses be impacted?


The rate of inflation has hit 2.9 per cent in July 2026, up from 2.6 per cent in June, according ...

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Sequencing short-term finance effectively is vital for avoiding the interest trap


For many businesses, short-term finance can provide an essential lifeline when cash flow becomes tight. Whether a business needs support ...

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How MTD is proving to be challenging for farm contractors and farmers?


[vc_row][vc_column][vc_column_text css=""]The first Making Tax Digital (MTD) deadline fell on 7 August, meaning sole traders with a farming related business ...

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Agricultural Property Relief and the risk of a forced asset sale


[vc_row][vc_column][vc_column_text css=""]Agricultural Property Relief (APR) has historically allowed farmers to pass businesses between generations whilst avoiding tax. The new APR ...

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Farming income surges to £8.4 billion, but uncertainty remains


[vc_row][vc_column][vc_column_text css=""]Defra has confirmed that the Total Income from Farming (TIFF) in the UK reached £8.4 billion, driven by higher ...

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2026 Sustainable Farming Incentive


[vc_row][vc_column][vc_column_text css=""]The next phase of the Sustainable Farming Incentive (SFI) reopened in June for small farms and those without an ...

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Is this another summer of uncertainty and what can your business do to break the mould?


By Craig Reid, Partner The new Chancellor has barely had enough time to orient himself to the layout of Number ...

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