what we think
Our blog
Inheritance Tax Essentials for 2025/26
Inheritance tax (IHT) in the United Kingdom applies to the transfer of wealth after death. It can affect property, savings, investments, and other assets. Although it applies to a smaller portion of estates, those crossing certain value limits may face a 40% tax charge on amounts above available allowances. Thresholds have been frozen for several years, so rising asset prices can bring more families into scope.
Making the Most of UK Government Grants for SMEs
Small and medium-sized enterprises (SMEs) are the backbone of the economy, comprising 99.9% of all businesses and employing a significant portion of the workforce. To support the growth and sustainability of these enterprises, the government offers a variety of grants tailored to diverse business needs. Understanding and accessing these grants can provide vital financial support, enabling SMEs to innovate, expand, and thrive.
Tax-Efficient Giving
Tax-efficient gift-giving is an essential aspect of estate planning that can significantly reduce your inheritance tax (IHT) liabilities while benefiting your loved ones. By carefully planning and utilising the available allowances and exemptions, you can ensure that more of your wealth passes on to your family and less is lost to taxes. At our practice, we believe that understanding the rules around gift-giving is key to making informed decisions. In this guide, we’ll walk you through the essentials of tax-efficient gift-giving for the 2024/25 tax year. This blog explores all you need to know.
Understanding R&D Tax Credits
Research and development (R&D) tax credits are a crucial incentive designed to encourage businesses to innovate and invest in new technologies, processes and products. Yet, despite their significance, many businesses either aren’t aware of their potential benefits or aren’t fully utilising them.In this blog, we explore what R&D tax credits are, who can claim them, and how businesses can maximise their potential.
What to Expect from a Statutory Audit
Insights to Prevent Unexpected Surprises A statutory audit may sound alarming, but...
What can we do for you?