The 2025 Budget inevitably had implications for businesses and entrepreneurs, which now need to be carefully considered. In this article, we take a quick look at changes to corporation tax, capital allowances, National Insurance, and the National Living and National Minimum Wage. 

As the dust settles on the festive period, many of us are tightening our belts and reviewing our finances in the face of tax returns and end-of-year accounts. As always, when doing so, it's important to consider any changes announced in the 2025 Budget and how they may affect you. With this in mind, in this article, we take a look at Inheritance Tax, pensions and tax-efficient investments and key considerations that you need to be aware of.   

The Chancellor of the Exchequer delivered her Budget on Wednesday 26 November 2025 claiming that her Budget was one of fair taxes, strong public services and a stable economy. 

Cash Basis, Trading Allowance, BADR & Practical Compliance 

For those running a small business or side hustle, tax efficiency is critical and now is the time to review your finances to see what measures are available to you to help mitigate your tax liability. In this article, we take a look at some of the options you might want to consider.  

In this second article about early tax planning measures for entrepreneurs and business owners, we take a look at tax-efficient profit extraction, pensions and company cars, and the measures that you may be able to take to help mitigate your tax liability.

Profit Extraction, Pensions & Company Cars 

In this second article about early tax planning measures for entrepreneurs and business owners, we take a look at tax-efficient profit extraction, pensions and company cars and the measures that you may be able to take to help mitigate your tax liability. 

(and why “associated companies” matters). 

Tax and cricket: Paul Collingwood v HMRC (2025) 

They say never meet your heroes! Paul Collingwood was one of mine, a classy all rounder, a part of the 2005 Ashes winning side led by Vaughan with Flintoff, and the winning captain of the 2010 T20 World Cup amongst other achievements.  We were at Lords in the Long Room (where else) and we exchanged a few words.  As you can tell, he made a favourable impression.

Pension and tax-efficient investment planning is an essential strategy for maximising your wealth while reducing your overall tax liability. By making smart use of pensions, you can benefit from valuable tax reliefs on contributions, tax-free growth and structured access to your funds in retirement. Alongside pensions, a range of tax-efficient investments – such as ISAs, Venture Capital Trusts (VCTs), the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS) – can provide opportunities for growth while offering generous tax advantages. But as always, a well-considered and strategic approach is essential.