Is your business ready to go viral? The financial risks (and rewards) of sudden success

The annual search for the UK’s most amusingly named small business is back, with entries flooding in for Simply Business’s £2,500 prize.

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Could the new IHT rules damage your business’s value on paper?

The Government’s decision to halve Business Property Relief (BPR) and Agricultural Property Relief (APR) from April 2026 is already changing how family businesses and farms operate.

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Class 2 NICs – The hidden issue affecting self-employed taxpayers

Recent changes to Class 2 National Insurance contributions (NICs) were meant to simplify things for self-employed taxpayers.

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Are rising tax arrears putting your business at risk?

Businesses in the UK are facing increasing financial strain, with new data from HM Revenue & Customs (HMRC) showing that tax arrears have hit £28 billion per month on average across the first quarter of 2025.

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Do you need to report that loan? The £10,000 rule and P11D implications

Many businesses routinely offer financial support to their directors or employees in the form of loans.

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HMRC or a scam – can you trust the letters you receive?

There are always going to be bad actors looking to scam reputable businesses out of money and data.

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The countdown to Making Tax Digital for Income Tax – Who is affected first?

With less than a year to go before Making Tax Digital for Income Tax (MTD for IT) becomes mandatory for sole traders and landlords earning over £50,000, it is important to start preparing.

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Understanding linked periods of sickness and how they affect payroll

When it comes to Statutory Sick Pay (SSP), most payroll teams are confident in calculating payments for a single period of absence.

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Investors’ Relief under pressure – Why HMRC is tightening its approach

HM Revenue & Customs (HMRC) is writing to taxpayers who claimed Investors’ Relief on their 2023/24 Income Tax Self-Assessment returns but may not meet the strict eligibility criteria.

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Are we underestimating the real impact of workplace pressure?

This week is Mental Health Awareness Week, and an important opportunity to reflect on how we manage wellbeing in the workplace.

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Get in touch

If you would like to find out more about how we can help you, please give us a call or send us an email.

Phone us
01642 632032

Email us
info@bainesjewitt.co.uk

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