NEWS & UPDATES

The UK tax authority HMRC has recently announced a significant increase in the approved mileage allowance rates. The rate for business travel in personal vehicles has jumped from 45p per mile to 55p per mile for the 2026/27 tax year onwards. This change brings substantial tax savings for employees, directors, and business owners who use their own vehicles for work-related journeys. Understanding this update can help you maximize your tax relief and reduce your overall costs.

On 26 November 2025, the Chancellor delivered the Autumn Budget 2025 — a wide-ranging fiscal statement that introduces tax, pension, property and investment changes. Understanding the implications is critical . The following summarises the main changes and what they mean in practice. Personal tax & national insurance thresholds remain frozen until 2031. The government will continue the freeze on thresholds until the end of the 2030–31 tax year. This means more people will mo

As the business world shifts, limited companies in the UK need to be ready for a major change. Starting in April 2026, HMRC will stop...

Claim Back on Business Mileage – Even in Your Personal Car! If you use your personal vehicle for business travel — like visiting...

We recently joined the Handpicked Accountants online directory as an approved North West accountant in Bromborough on the Wirral. As a...

Please see below some of the changes to the UK tax system, announced at the recent Autumn budget: INCREASES TO NATIONAL MINIMUM WAGE...

Are you contemplating changing accountants? The decision to switch financial advisors can be intimidating, but sometimes it's necessary...

As we step into a new financial era, the 2024 UK Spring Budget brings impactful changes for taxpayers across the country, reshaping the...

Tax season can be a stressful time for many, but understanding tax deductions can make a significant difference in your financial...

In today's fast-paced digital world, self-employed individuals and online accountants often find themselves immersed in the complex realm...