Insights
Insight
Undisclosed gifts and Inheritance Tax: can HMRC find out?
Insight
It is often assumed that gifts made during a person’s lifetime, particularly in cash, remain invisible to HMRC unless they are disclosed. In practice, HMRC has wide access to financial data and uses a range of tools to identify undisclosed gifts when reviewing an estate for Inheritance Tax (IHT). Without proper records or advice, this can lead to delays, additional tax, or penalties when an estate is reviewed.
Deal • Real Estate and Construction
Buzzacott advises Astra Holding on its acquisition of J Manny Ltd
Deal • Real Estate and Construction
Buzzacott advised Astra Holding on their acquisition of J Manny Ltd, providing financial due diligence, tax due diligence and transaction advisory services.
Insight • Real Estate and Construction
Buy and build in the manufacturing and industrial sector
Insight • Real Estate and Construction
The UK industrial and manufacturing sector remains an active ground for buy and build strategies, with fragmentation, niche specialisms, and opportunities for operational improvement driving sustained M&A activity. Investors and acquirers are drawn to the UK’s potential for scale, high quality, and premium products, but must be wary of the risks the sector faces with rising labour and overhead costs, labour shortages, and increased international competition.
Deal • Education
Buzzacott advises Norte Partners on its acquisition of Kid Ease Limited
Deal • Education
Led by George Thresh, Buzzacott provided Financial and Tax Due Diligence, Transaction Advisory and Tax Structuring services to Norte Partners on their acquisition of Kid Ease.
Insight
HMRC investigations during divorce: Financial abuse and tax risks
Insight
Divorce is never easy. Beyond the emotional toll, it often brings financial complexities that can attract the attention of HMRC. For those with significant assets or intricate financial arrangements, HMRC may initiate enquiries during a divorce to ensure tax compliance.
Insight
Amendments to FRS 102 – what’s new for revenue?
Insight
The Financial Reporting Council’s (FRC’s) second periodic review of FRS 102 will become mandatory for reporting periods beginning on or after 1 January 2026. In addition to key changes to revenue recognition and lease accounting, the amendments also expand the disclosure requirements that businesses reporting under UK GAAP will need to make in their financial statements.
Insight
Innovation grants
Insight
Grant funding remains a valuable source of nondilutive finance for UK businesses developing innovative products, processes and services. However, the funding landscape has changed. Some longstanding programmes have been paused, while others, notably Horizon Europe, are now firmly re-established and open to UK applicants. For SMEs, scaleups and large companies, securing grant funding now requires a more targeted and strategic approach than in previous years.
Insight • Charities and Not-For-Profits
Charity fraud in the UK: Risks, trends and how charities can prevent it
Insight • Charities and Not-For-Profits
One in three UK charities were targets of fraud in 2025, and whilst this is the lowest level in five years, the impact fraud has on reputational damage, financial loss and internal fraud remains a top concern. To mitigate the future risk and impact of fraudulent activity, there are several meaningful steps charities of all sizes can take to build resilience and safeguard their resources.
Insight
The merged R&D scheme: Getting your claim right
Insight
The merged R&D expenditure credit (RDEC) scheme (“the merged scheme”) is now well-established, and serves as the primary R&D incentive for accounting periods commencing on or after 1 April 2024. For most seasoned claimants the focus has now shifted from understanding the legislation to dealing with its practical consequences.
Insight
Buying a company owned by an Employee Ownership Trust (EOT): What makes these deals different?
Insight
Employee Ownership Trusts (EOTs) have become an increasingly popular succession planning tool, supported by government tax incentives and the promise of employee engagement. But when an EOT-owned business enters the M&A market, the dynamics shift significantly. For buyers, these transactions present unique challenges compared to a traditional deal.
We’ve worked extensively on EOT transactions, helping businesses set up trusts, advising on valuations, and guiding both buyers and sellers through complex negotiations. Here, we explore what makes these deals different and why specialist advice is crucial.