Tax among top business concerns

The Office for National Statistics (ONS) regularly reports on how UK businesses feel about the economy, their concerns, and assessment of their performance.

For some time, the most recurrent challenge cited has been how to deal with economic uncertainty.

But a new trend is starting to emerge, with a growing number of businesses citing tax as a key concern for the immediate future. After falling demand, tax is the most common headache reported by the businesses surveyed, and it’s been steadily rising up the rankings since summer 2024. It’s probably no surprise, in view of developments like the increase in employer National Insurance costs which are now just beginning to bed in after 6 April 2025.

In the current economic climate, it can be valuable to monitor on a regular basis the options that could be available to your business. We are more than happy to help you review costs, pricing, overall profitability and business strategy. We can help you check that you are maximising tax allowances and reliefs available, as well as advising on how best to structure and remunerate your workforce.

Planning is key to navigating uncertainty, and we are always on hand to help. Please don’t hesitate to get in touch.