
The 2025 Budget brought major shifts for SMEs and business owners. Tax thresholds are frozen until 2030–31, meaning more people will drift into higher tax bands as wages rise. Dividend, savings and rental income tax rates are set to increase, reducing the benefits of the classic “low salary + dividends” strategy used by many directors and contractors. Overall, SMEs face higher tax burdens, increased payroll costs, and reduced incentives for traditional profit-extraction methods. Now is the time for business owners and contractors to reassess remuneration, pension planning and business structure.
Read MoreThe routine services you would expect us to provide are listed below but it’s the important ongoing professional advice that really helps our clients.
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Thinking of claiming VAT back on work clothing? HMRC allows businesses to reclaim VAT on uniforms and protective gear, such as branded workwear, safety boots, or courtroom attire for barristers, as these are considered genuine business expenses. However, everyday clothing like suits or smart office wear, no matter how professional, usually doesn’t qualify, even if it's required by the employer. There have been some unusual cases, such as a musician successfully claiming VAT on a wig worn as part of his stage persona, but these are exceptions. In this post we explain the rules, explore real-life tribunal decisions, and offer practical tips to help UK businesses understand when VAT on clothing can be legitimately reclaimed.
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Wondering if you can pay Capital Gains Tax (CGT) in instalments after selling your business? In this post we explain when CGT instalment relief applies, how HMRC treats deferred consideration, and why many business owners are caught out by the rules.
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When planning how to finance your business, it’s crucial not only to assess the availability and suitability of funding options — but also to consider the tax implications of each. The tax treatment of business finance can significantly affect your profitability, compliance, and future decision-making. Below, we explore the tax consequences associated with various sources of business finance, from personal investment to crowdfunding and government grants.
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With the rise of digital platforms and flexible working, more people than ever are generating income from “side hustles” — activities undertaken to supplement income from a main job or profession. While side hustles offer valuable financial flexibility, many individuals may not realise that this income can trigger tax or National Insurance (NI) obligations.


We are experienced certified accountants in Kent that are committed to helping small businesses achieve growth.