A recent survey by Capital on Tap revealed that 79 per cent of small business owners do not have an exit plan. The survey highlighted a mix of reasons behind the lack of preparation for an exit. Emotional attachment was … Continue reading →

With just six months to go before the first round of Making Tax Digital (MTD) for Income Tax gets rolled out, many sole traders are still not ready. A survey carried out by IRIS earlier this year found that 45 … Continue reading →

After months of uncertainty, Companies House has set the identity-verification deadline as 18 November 2025. From that date, all new company directors and People with Significant Control (PSCs) must verify their identity. Existing directors and PSCs will then have 12 … Continue reading →

HM Revenue and Customs (HMRC) has confirmed it uses AI to scan social media posts as part of criminal investigations into suspected tax and benefits fraud. That means, if you are posting content that could be viewed as advocating for, … Continue reading →

The Treasury is reportedly revisiting Inheritance Tax (IHT) as ministers hunt for extra revenue. While the Chancellor considers several options, IHT reforms remain a likely avenue, and now may be a good time to restructure your assets to avoid a … Continue reading →