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1224 articles · page 31 of 102

Termination Payments: What Survives to Reach the £30,000

The £30,000 tax-free termination payment is the most widely known figure in employment tax and the most widely misunderstood. It is not an allowance to be handed to a departing employee; it is…

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VAT Late Payment Penalties: The 15-Day Cliff and What Follows

Pay your VAT a fortnight late and it costs nothing. Pay it sixteen days late and it costs 3% — and the percentages have been heavier since 10 July 2025, when the first penalty rose from 2% to 3%…

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What Is Holiday Pay? Entitlement, Rates and the 12.07% Rule

Holiday pay is the pay a worker receives for time off they are legally entitled to take — 5.6 weeks a year , which is 28 days for someone working five days a week. The entitlement is the easy…

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Section 455: The Tax on Your Director's Loan Account

Take money out of your own company without calling it salary or a dividend and you have made a loan to yourself. If it is still outstanding nine months and a day after the year end, the company…

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De Minimis: The Tax Thresholds Where Trifles End

De minimis — often misspelt "di minimus" — is shorthand for the legal maxim that the law does not concern itself with trifles, and UK tax is full of the thresholds that put the principle into…

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Remittance After the Remittance Basis: The Tail and the TRF

The remittance basis is abolished — and yet "remittance" remains one of the most consequential words in UK private-client tax, because the old regime left a long tail: pre-April 2025 foreign…

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Corporate Finance Consultants: What They Do and How to Choose

A corporate finance consultant is the person a business hires for the transactions it does rarely and the counterparty does daily: raising money, buying a company, selling one, restructuring the…

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Non-Financial Misconduct: The FCA Rules Now in Force

As of 1 September 2026, serious bullying, harassment and violence at work are regulatory misconduct for firms and staff inside the Senior Managers and Certification Regime: the conduct rules now…

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FRTB and the IMA: The UK's Two-Wave Market Risk Regime

FRTB — the Fundamental Review of the Trading Book — is the market-risk half of Basel 3.1, and in the UK it now arrives in two waves: the standardised approach lands with the rest of Basel 3.1 on 1…

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Scaling a Business: The Finance Mechanics That Decide It

Scaling a business is not doing more of what worked — it is systematically replacing what worked. The habits that build a £1 million company (founder does everything, cash is watched by feel…

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FCA Motor Finance Redress: Suspended, Not Settled

The FCA motor finance saga has reached its strangest chapter yet: the industry-wide redress scheme — finalised in March 2026 and projected to put around £7.5 billion back into consumers' pockets —…

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Accounting and Business Advisory: What Sits Above Compliance

"Accounting and business advisory" is what the profession calls the work that happens above compliance: not the accounts and returns themselves, but the decisions they should be informing —…

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