Total Income Tax and NI income hits new high
HM Treasury has taken £77.2 billion in Income Tax and National Insurance (NI) since April 2024 – signalling the effect of the freeze in the Personal Allowance and Income Tax…
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Invoice fraud becoming a significant problem
Invoice fraud, affecting one in three companies, involves deceptive practices that trick businesses into making payments to fraudulent accounts. As fraudsters’ techniques become more sophisticated, businesses must understand their tactics…
Taxes on the rise: A certainty, not a possibility
The new UK Government has been formed. Despite the Labour Party’s campaign and pledges around keeping tax rises to a minimum, expert opinion suggests that future rises are inevitable. The…
Inside the private equity boom
Private equity investment has been a significant force in the financial world for some time. However, the nature of private equity has changed considerably in the last few years and…
Labour’s election win – Understanding its impact on your finances
As the sun rose on Friday morning, Labour began its celebration of a significant victory, claiming a majority that fell short of its last landslide success in 1997. With a…
Pillar Two begins to take hold…
By Rashmi Pandya, Macalvins’ COO Unless your business is making €750 million (£634 million) or more per year, you’re unlikely to have heard of Pillar Two. At the moment, it’s…