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Cyber threats in the hospitality, leisure and tourism sector: Are You Prepared?

Tourism and hospitality businesses are increasingly exposed to cybercrime and fraud. Hotels, restaurants, travel agencies, and leisure companies routinely process sensitive customer data, including bookings, payment details, and personal information – making them appealing targets for cyber criminals.

10 tax changes starting in April 2025

The Chancellor focused on spending cuts in the 2025 Spring Statement rather than raising taxes, but a string of previously announced changes to tax legislation are set to come into play from April.

Spring Statement 2025

The Chancellor Rachel Reeves announced a string of spending cuts to repair the Government’s finances. And while she didn’t introduce any significant new challenges, she also failed to provide substantial relief, particularly for businesses facing growing financial pressures. 

Spring Forecast 2025 – will the Chancellor announce further changes?

The Chancellor Rachel Reeves has said previously that there would only be one major fiscal event in a year so that individuals and businesses would have stability. However, she will stand up in the Commons to make a statement in response to the latest forecasts from the Office of Budget Responsibility (OBR) on March 26 and potentially be in a very different situation to what she expected just a few months ago.

Have you got a good financial plan for 2025/2026 and beyond?

A new tax year is the ideal time to review your financial position and a key area to consider is maximising all available tax allowances.

What is an HMRC Time to Pay Arrangement and when might you need one?

For some businesses, a formal Time to Pay Arrangement (TTP) with HMRC may afford them some valuable breathing space and enable them to get back on an even keel by rescheduling their PAYE or VAT debts over a period of time.

Changes ahead for Scottish charities

Scottish charities will soon be asked to provide more information to the regulator as the final phase of changes under the Charities (Regulation and Administration) (Scotland) Act 2023 are due to come into force.

From mid-2025, charities will be required to provide trustees’ details to OSCR and from the end of the year, charity accounts will be made publicly available to strengthen oversight and public perception in the sector.

Airbnb, Amazon, Vinted and Etsy sellers – have you registered your ‘side hustle?’

Individuals receiving additional income from side hustles are being urged to report to HMRC if they bring in more than the annual Trading Allowance, which allows individuals to earn up to £1,000 additional tax free income each tax year.

Fighting ‘the family farm tax’ with good financial planning

Life insurance could provide alternative proceeds to pay an IHT bill and preserve the farm and farm assets to pass to the next generation. It can also play an important role in the continuation of the business during your lifetime.