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Go back to Accounting & Business Advisory

Business Advisory Archives

New unfair dismissal rules for employers

From 1 January 2027, employees will gain protection against unfair dismissal after six months of employment rather than two years. At the same time, the existing cap on compensatory awards... read more →
  • September 8, 2026
  • SMH Accounting & Business Advisory

Electric company car tax: benefits and future changes

Company car numbers fell by 240,000 between 2015/16 and 2020/21, but have increased every year since. Much of this recovery has been driven by the favourable tax treatment available for... read more →
  • September 8, 2026
  • SMH Accounting & Business Advisory

Making Tax Digital update for sole traders and landlords

HMRC is set to start signing up sole traders and landlords who were required to join Making Tax Digital (MTD) in April 2026 but have not yet done so. Meanwhile,... read more →
  • September 8, 2026
  • SMH Accounting & Business Advisory

Why more people are paying tax on savings

The tax take in July was 17% higher than just two years ago, and the outlook for savers is becoming increasingly challenging. Around 1.7 million more savers are now expected... read more →
  • September 8, 2026
  • SMH Accounting & Business Advisory

What could be announced in the Autumn Budget 2026

The Autumn Budget has been confirmed for 28 October, with new Chancellor John Healey facing a number of familiar challenges as he prepares for his first Budget. At the end... read more →
  • September 8, 2026
  • SMH Accounting & Business Advisory, SMH Financial Services

Stablecoins to become exempt from capital gains tax from 2027

Eligible stablecoins are currently taxed in the same way as other cryptoassets, but this is due to change from April 2027, when they are expected to be treated more like... read more →
  • August 12, 2026
  • SMH Accounting & Business Advisory

Legal rights for cohabiting couples could be set to change

The law in England and Wales could be moving closer to treating married and unmarried couples in a similar way. “Over 3.5 million couples live together without getting married or... read more →
  • August 12, 2026
  • SMH Accounting & Business Advisory

New first time buyer ISA to replace Lifetime ISA

The government has recently shared further details about the new first time buyer individual savings account (FTB ISA), which is set to replace the lifetime ISA (LISA), although an introduction... read more →
  • August 12, 2026
  • SMH Accounting & Business Advisory

Latest tax gap sets another record: UK tax gap reaches record £59.2 billion

The tax gap reached a record £59.2 billion in 2024/25, with small businesses responsible for around 62% of the tax that went uncollected. The tax gap refers to the difference... read more →
  • August 12, 2026
  • SMH Accounting & Business Advisory

Business rates relief for pubs, clubs and live music venues

Public houses have faced much higher business rates bills since April 2026. To help offset these increases, the government introduced a 15% discount for the current year and has recently... read more →
  • August 12, 2026
  • SMH Accounting & Business Advisory
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