Insights

Business Property Relief (BPR), formally referred to as Business Relief, can reduce the Inheritance Tax (IHT) bill on your business assets by either 50% or 100% depending on the asset. In this case study, we explore steps that can be taken during lifetime, to help maximise relief available.

From 6 April 2026, tougher measures are being introduced by HMRC to tackle tax fraud in the construction industry. The new measures could have significant implications for contractors and subcontractors, particularly those holding Gross Payment Status (GPS) under the Construction Industry Scheme (CIS).

The Buzzacott M&A team is delighted to have advised HURST Accountants on its sale to Dains Accountants.

In recent years, HMRC tax investigations have increasingly focused on small and medium-sized enterprises (SMEs), and this trend looks set to continue with the creation of HMRC’s new small business evasion and enforcement team.

Over the last ten years, we have built up a wealth of experience in various sectors, but there are some which naturally attract greater M&A activity. As part of their acquisition strategies, we see businesses, investors, and individuals looking to transact multiple times in the same (or similar) industry vertical – this is commonly referred to as a “buy and build” or corporate roll-up strategy.

Working with a financial planner can help you to gain a greater understanding of responsible investment solutions, including their risks and potential rewards. This is becoming increasingly important as more individuals look to invest in a sustainable way and with an ever-increasing range of options, some less transparent than others. Having the support and expertise of a financial planner ensures that the investment solution selected meets your wishes and fits into your overall financial plan.

HMRC’s Self-Assessment system contains a long-standing technical limitation that affects workers who file a Self-Assessment tax return and repay a Student Loan. The issue occurs because the calculation system is unable to separate employment income that is subject to Class 1 NIC from tronc payments that are exempt from Class 1 NIC when a worker reports their total P60 pay.

From April 2026, the Government will launch the Fair Work Agency (FWA), a new enforcement body created under the Employment Rights Act 2025. Its purpose is to ensure workers receive the pay and rights they are legally entitled to and to hold employers accountable where they do not.