Three costly payroll compliance risks every small business needs to be aware of
Evolving compliance requirements mean the goalposts for payroll compliance are regularly moving and the risk of financial penalties is increasing.
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Frozen tax thresholds are catching out pensioners – Here’s how to plan around them
A quiet but significant shift has taken place in how pensioners are taxed. In the 2021/22 tax year, only 494,000 pensioners paid income tax at 40 per cent or above.
£4.4bn lost to the heat: Is your business ready for the next heatwave?
With temperatures breaking 30 degrees on multiple occasions in 2026, scorching heat is becoming the new normal. Consecutive heatwaves have wiped £4.4 billion from the UK economy, according to research…
Apprenticeship funding has changed – What does this mean for your next hire?
New funding rules for apprenticeships have been introduced, impacting any apprenticeships starting after 1 August 2026. This could affect more employers than before as apprenticeships are becoming increasingly popular, with…
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 reckless or untrue statements relating to tax. The Institute of…
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 helping children with pension contributions or providing ongoing assistance, gifting…