Financial & Business News – August 2026

Employees who use their own vehicle for business journeys may receive Mileage Allowance Payments (MAPs)

Some self-employed individuals experience significant fluctuations in their profits from one year to the

UK taxpayers with income from overseas may not always be aware of the tax rules that apply. Foreign

The new Chancellor of the Exchequer, John Healey has confirmed, in a video message, that the next UK

If you pay for replacing or repairing small tools you need for your job, you may be able to claim tax

After submitting your self-assessment return it is important to keep your records used to prepare the

The Employment Allowance can help eligible employers reduce their National Insurance costs by up to

Protecting hard-won local customer networks is a constant and necessary battle for commercial suppliers.

Artificial intelligence (AI) has dominated business headlines over the past year, with many suggesting it

Economic conditions remain uncertain and many business owners are understandably cautious about the

One Payroll Report Can Make the Difference Between Compliance and Penalties Running payroll isn't just

Most People Think Only Cash Donations Qualify When people think about charitable giving, they usually

Retirement can feel a long way off, but knowing what State Pension you may receive gives you a much

Receiving money from a family member can be a welcome source of financial support, but many people are

Keeping your skills and knowledge up to date is important but the cost of professional training can add

With childcare costs continuing to rise, many working families could be missing out on valuable support

Employment Costs Are No Longer Just a Payroll Issue For many businesses, employment costs have become

Late payments remains one of the biggest challenges facing small businesses across the UK. Even companies

Taking on your first employee brings several new responsibilities, including registering with HM Revenue

Good record-keeping is one of those jobs that is easy to put off until it becomes urgent. For

A change in your life can sometimes affect more than your personal circumstances. It may also change your

Paying too much tax is easier than you might think. It can happen when your tax code is wrong, you

A VAT scheme that saved time when your business was smaller may not remain the best option as your

Insurance protects your business when something goes wrong, but it also represents another cost that

A recent ruling has cleared the path to uncapped financial compensation following a forced resignation. A

A pay rise should feel like straightforward good news. But when tax thresholds remain frozen while

If your business sells through an online marketplace, responsibility for collecting VAT on some of those

A trading loss can put pressure on a company’s finances, but it may also create an opportunity to reduce

Married couples and civil partners are taxed separately for Capital Gains Tax, which means each person

Recovering VAT Is One of the Easiest Ways to Improve Cash Flow Many VAT-registered businesses focus on