How can care homes respond to the financial challenges they face?
The UK’s care sector is under increasing strain. Escalating costs, funding constraints and workforce challenges are creating difficult operating conditions for many providers. While the 6.7% rise in the National Living Wage (NLW) from April 2025 (followed by a further 4.1% increase planned for April 2026) was a positive step in recognising the value of…
READ MOREHospitality Sector Index
The Moore Kingston Smith monthly hospitality sector report provides you with a valuable and timely indication of the month-on-month and year-on-year changes occurring within the sector. Restaurants, pubs and bars – December 2025 Our analysis December 2025 vs prior month In December 2025, restaurants, pubs and bars observed the anticipated seasonal growth compared to the…
READ MOREHMRC overseas income letters: what you need to know
If you are a UK resident with overseas bank accounts, you may have recently received a letter from HMRC regarding your foreign assets, income or gains. These letters are part of HMRC’s efforts to ensure taxpayers are fully compliant with UK tax obligations regarding overseas assets. While receiving such a letter can be concerning, understanding…
READ MOREFrom dividends to succession: a recap of the 2025 Budget’s impact on owner-managed businesses
The measures announced in the 2025 Budget, some of which have already been implemented, will have a significant impact on owner-managed businesses (OMBs). Here, we provide a reminder of the key considerations. Income extraction One of the headline announcements was a 2% increase in income tax rates applying to dividends, property income and savings income:…
READ MOREUnlocking property potential through outsourced accounting
When it comes to property investment, managing finances efficiently is crucial for sustained growth and profitability. Yet, many businesses find themselves bogged down by the complexities of accounting and financial management. With increasingly stringent regulation and legislation, the demands on in-house accounting teams can be overwhelming. Outsourced accounting services offer significant advantages, whether that be…
READ MORENewShore Partners and Moore Kingston Smith advise multi award-winning sports media group The Overlap on its sale to Global
NewShore Partners and Moore Kingston Smith co-advised the shareholders of The Overlap Limited, owner of the highly successful and multi award-winning sports YouTube channel, The Overlap, on the sale of their majority stake to Global, the Media and Entertainment group. The acquisition reflects the continued consolidation within the digital media sector, as global networks seek…
READ MOREISAE 3000 and ISAE 3402 explained – US equivalents and global relevance
In an increasingly interconnected world, many organisations depend on third-party service providers for critical functions, such as data processing, IT hosting, payroll and financial reporting. When these services underpin financial or operational integrity, independent assurance becomes essential. Two key international standards guide this work: International Standard on Assurance Engagements (ISAE) 3000 and ISAE 3402. On…
READ MOREHospitality Payroll: three key changes you can’t afford to miss
Mandatory payrolling of benefits: get ready for 2027 What’s happening? From April 2027, all employers must payroll benefits in kind (BIKs) and taxable employment expenses. This means: The taxable value of benefits (like staff meals, health insurance, or travel allowances) will be added to employees’ pay through payroll. Income tax will be deducted in real time, no…
READ MORESecure Innovation Security Review Scheme: don’t wait to protect what you’re building
If you’re an early-stage tech company, your most valuable assets are the ones attackers can’t see on your balance sheet: your IP, your data and your ideas that give you an edge. Those are exactly what state threat actors and state-backed competitors are targeting. To help you stay ahead of these threats, the UK government…
READ MORECharitEpulse: New leadership, 2025 highlights and what’s next for 2026
In their final episode of the year our chatters James Saunders, Charles Mesquita and Catherine Rustomji reflect on the sector’s key challenges from 2025 and share their outlook for the year ahead. New leadership at the Charity Commission: Dame Julia Unwin’s appointment brings a wealth of experience and a pledge to make the Commission more…
READ MORE
