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Game designers testing their new VR game in the office

What do I need to know about Video Games Expenditure Credit (VGEC)?

Video Games Expenditure Credit (VGEC) is a new tax relief scheme introduced to support the video game development industry in the UK. Read more from our experts here...

Red Ferrari 250 GTO with private plate

Investing in private number plates

Beyond their unique visual appeal, personalised number plates have become a niche investment amongst car enthusiasts and collectors. Some plates appreciate significantly in value over time, with sought-after combinations commanding substantial sums at auction. In this blog, we outline considerations for investing in private number plates for individuals and businesses, focusing on their tax treatment.

Forest path splitting in two directions

What is a direct statutory demerger and how can you use it?

Statutory demergers are often described as the ‘go-to’ method of demerging, as they are quite literally written in the legislation. Due to their simplicity, i.e. not incorporating or liquidating companies, they are typically cheaper to implement and more straightforward. For those that meet all the relevant conditions, they are extremely effective. However, in practice, they are infrequently used due to the numerous conditions attached. Attempting a statutory demerger without meeting these requirements can lead to tax inefficiencies, highlighting the importance of seeking professional advice prior to demerging your business.

Game developers reviewing concept art

I’m developing a video game, what tax reliefs are available to me?

Video Games Tax Relief (VGTR) is a financial incentive designed to support the video game development industry in the UK. Find out more from our experts here to ensure you are claiming the relief you are entitled to...

Birdseye view of 5 people putting their hands in a circle on top of each other. Below their hands are boxes of food and jam jars.

SORP 2026 Exposure Draft – Are you ready for tiered reporting?

The long awaited exposure draft charity statement of recommended practice for 2026 (SORP) has finally landed, and with it comes a major change in the structure of how charities report in their accounts. Read more here...

A closeup of an empty classroom with a pot of coloured pencils in red pots.

Academy trusts: Don’t forget to claim Employment Allowance

Employment Allowance allows eligible employers to reduce their annual National Insurance liability by up to £10,500 from 6th April 2025 (25/26 tax year). You can only claim against your employers’ Class 1 National Insurance liability. Academy trusts are eligible for Employment Allowance.  

Close up shot of the heads of 4 race horses lined up.

Investing in racehorse syndicates

Investing in a racehorse syndicate is mainly a hobby for many people, with members joining for the enjoyment of ownership rather than financial gain, as the chances of making a profit are slim. While the experience can be exciting, understanding the UK tax implications will help you make informed decisions before getting involved. This article explores how HMRC treats racehorse syndicate investments, covering Income Tax, VAT considerations, and the treatment of winnings and losses.

Connection Data Lines on World Globe

Non-dom regime set to be replaced by the FIG regime - figuring it out

The Government has recently published proposed amendments to the Finance Bill 2024/2025, which include fundamental changes to the taxation of non-domiciled individuals. These amendments were debated and passed during the report stage of the Finance Bill on 3 March 2025. Find out more in our FIG regime update here...

Cropped shot of pediatrician nurse keeping a newborn baby inside incubator at NICU

Understanding the Neonatal Care (Leave and Pay) Act

The Neonatal Care (Leave and Pay) Act introduces new rights for employees whose children require neonatal care. It provides up to 12 weeks of Neonatal Care Leave (NCL) and Statutory Neonatal Care Pay (SNCP) to support parents facing extended hospital stays for their newborns. Read more here...

Two students using a laptop in a classroom learn digital technology

How Schools Meet Digital and Technology Standards in the UK

As schools become increasingly reliant on technology for teaching, administration, and safeguarding, ensuring digital and technology standards are met is more important than ever.

A man with his back to camera wearing a waxed jacket and flat tweed cap looking across a field

DEFRA grant funding announcements

Recently, DEFRA confirmed that several grant funds will re-open in the coming weeks, providing financial support for farmers and estates. These grants are designed to help improve productivity, sustainability, and innovation across the sector.  However, this has been somewhat overshadowed by the closure of the Sustainable Farming Incentive (SFI) scheme, stopping payments with immediate effect. Find out more here...

gold and jewellery piled on a desk

Investing in gold and jewellery

Whether you are acquiring gold bullion, coins, or fine jewellery, understanding the tax implications in the UK is essential for making informed financial decisions. Read more here...

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