Summer VAT Cut on Children’s Meals and Days Out
The Government has announced a temporary VAT reduction as part of its “Great British Summer Savings” initiative, designed to help families with the cost of living this summer while supporting UK businesses. In this article we review: What is changing What it means for families What it means from an accounting perspective What businesses should […]
Tax-Free Mileage Rate Increase – What It Means for 2026/27
As part of a wider package to support households and workers, the Government has confirmed an increase to the tax‑free mileage rate for those using their own vehicles for work. In this article we review: What is changing What it means for employees What it means from an accounting perspective What businesses should now be […]