Will the minimum wage rise push graduate workers into unexpected student loan repayments?

The upcoming rise in the National Minimum Wage to £12.21 per hour from April has prompted fresh challenges for businesses, especially when managing graduate employees in non-graduate roles.  

Continue reading→

How tax wrappers can mitigate the impact of rising Capital Gains Tax

The Autumn Budget brought unwelcome news for investors, with the Government announcing immediate increases to Capital Gains Tax (CGT) rates.

Continue reading→

Is your business prepared for increased HMRC scrutiny?

Recent figures show that HM Revenue & Customs (HMRC) recovered £45.7 billion in tax probes in 2024, a £10 billion increase from the previous year.  

Continue reading→

Charging company electric vehicles – Costs, reimbursements, and tax implications

With the rise of electric vehicles (EVs), many company directors and employees charge their cars at home.  

Continue reading→

Is your business environmentally sustainable? Why going green can improve your bottom line

For business owners, sustainability might have been something viewed as a nice-to-have or a PR exercise in the past, but because the regulatory landscape is changing fast, businesses that do not get ahead of these changes risk being left behind. 

Continue reading→

Double cab pickups – How long will they be taxed as vans and when will they switch to car tax rules?

For years, double cab pickups have benefited from being classified as goods vehicles for tax purposes, allowing businesses to enjoy lower benefit-in-kind (BIK) rates.  

Continue reading→

Smart pricing strategies – Protect your business without losing customers

More than half of UK businesses plan to raise their prices in the next three months, according to the British Chambers of Commerce (BCC).  

Continue reading→

Directors’ loan accounts: How Section 455 impacts you

Directors’ loan accounts (DLAs) are a common financial tool for owner-managed businesses.

Continue reading→

What tax reliefs can businesses in the creative industry claim?

To support the vibrant sector that is the creative industry, the Government offers an array of tax reliefs and expenditure credits. 

Continue reading→

Don’t let Self-Assessment become the Grinch that steals your Christmas

Christmas. A time of year for tinsel, turkey, tangerines, and… tax returns?  

Continue reading→

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

Can we help? Talk to our expert team