The headlines this year weren't the big rates - income tax, National Insurance and VAT all stay the same, and corporation tax remains capped at 25%. The changes sit in the detail, and most start from April 2027. Here's our quick rundown:
🏡 Landlords and savers: tax on property and savings income rises by another 2 percentage points to 24% / 44% / 49% from 6 April 2027.
⏳ Selling your business? Business Asset Disposal Relief's lifetime limit halves from £1m to £500,000 for disposals from 6 April 2027 - so if you're planning an exit, it's worth talking timing sooner rather than later.
🏗️ Investing in equipment? First-year allowances on new plant rise from 40% to 50% for spending from 1 January 2027, while the main writing-down allowance falls to 12% from April 2027.
💼 Side income: the Trading Allowance trebles from £1,000 to £3,000 from April 2027.
🛍️ Retail, hospitality and leisure: small business rates relief thresholds rise to £18,000 (tapering to £21,000) from 1 April 2027, with rates frozen in real terms for two years.
💷 Employers: the National Living Wage rises 3.9% to £13.21 an hour from 1 April 2027.
Our Bewdley office is a welcoming place to talk through your accounts, tax planning, payroll or any questions about running your business. We keep our advice friendly, clear and jargon-free.
After your visit, grab a coffee and enjoy a stroll by the River Severn: one of the things we love about being based in Bewdley!
Whether you’re a sole trader, limited company, partnership, charity or social club, we’re here to help.
📊 Inheritance Tax is an area more families may need to consider.
According to the supplied source, HMRC receipts have reached £3.8bn this financial year, reportedly surpassing last year’s figures.
The £325,000 Inheritance Tax nil-rate band has remained unchanged since 2009. With tax thresholds frozen and property values increasing, more estates may need to consider whether Inheritance Tax could apply.
Every situation is different, and careful planning can make a difference. We recommend seeking professional advice to understand how the rules may affect your estate and family.
On Saturday, our Director, Stephen Yarsley, played in the most important match of Stourport Cricket Club's 201-year history.
Thanks to a superb innings from Captain Charlie Foley, the club has been promoted to the Birmingham District Premier Cricket League for the first time.
As proud sponsors for a number of years, SRC Accountancy Services Limited would like to congratulate everyone at the club and wish them continued success as our partnership continues.
Stourport CC is now seeking significant sponsorship investment for next season and beyond, with plans to refurbish and reshape the clubhouse, erect a new scoreboard, purchase new main ground sight screens, and install new showers and disabled facilities.
There are sponsorship packages to suit all business sizes and types, and individuals are also welcome to support the club personally. Sponsorship may also help businesses reduce their taxable profits.
HMRC has acknowledged an error in the way some pension tax calculations were made.
The error incorrectly applied the higher State Pension rate for the full tax year, rather than splitting the calculation between the previous and new rates.
HMRC says it will refund £19.3 million, with approximately 3.2 million affected people expected to receive a payment.
If you receive a State Pension, please look out for further information from HMRC. If you are unsure how this may affect you, we are happy to provide clear, jargon-free guidance.
Budget 2026: the bits that matter to you
The headlines this year weren't the big rates - income tax, National Insurance and VAT all stay the same, and corporation tax remains capped at 25%. The changes sit in the detail, and most start from April 2027. Here's our quick rundown:
🏡 Landlords and savers: tax on property and savings income rises by another 2 percentage points to 24% / 44% / 49% from 6 April 2027.
⏳ Selling your business? Business Asset Disposal Relief's lifetime limit halves from £1m to £500,000 for disposals from 6 April 2027 - so if you're planning an exit, it's worth talking timing sooner rather than later.
🏗️ Investing in equipment? First-year allowances on new plant rise from 40% to 50% for spending from 1 January 2027, while the main writing-down allowance falls to 12% from April 2027.
💼 Side income: the Trading Allowance trebles from £1,000 to £3,000 from April 2027.
🛍️ Retail, hospitality and leisure: small business rates relief thresholds rise to £18,000 (tapering to £21,000) from 1 April 2027, with rates frozen in real terms for two years.
💷 Employers: the National Living Wage rises 3.9% to £13.21 an hour from 1 April 2027.
Want the full picture? Read and download our full technical review here: srcaccountants.co.uk/wp-content/uploads/2026/10/Budget-2026-–-Technical-Review-for-SRC.pdf
If any of these affect your plans, we're here to help you get ahead of them - just give us a call.
Stourbridge: 01384 403500
Bewdley: 01299 661511
Worcester: 01905 968710
#srcaccountants #Budget2026 #MakingTaxEasy #Worcestershire #Bewdley ... See MoreSee Less
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It's Isabel's 2 year work anniversary!
Help us congratulate her on her achievement! 👏
#workanniversary #2years #srcaccountants #srcaccountancyservices #srcaccountancyservicesltd ... See MoreSee Less
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☕ If you’re in Bewdley, why not come and see us?
Our Bewdley office is a welcoming place to talk through your accounts, tax planning, payroll or any questions about running your business. We keep our advice friendly, clear and jargon-free.
After your visit, grab a coffee and enjoy a stroll by the River Severn: one of the things we love about being based in Bewdley!
Whether you’re a sole trader, limited company, partnership, charity or social club, we’re here to help.
Find out more: www.srcaccountants.co.uk
Stourbridge: 01384 403500
Bewdley: 01299 661511
#srcaccountants #MakingTaxEasy #Bewdley #Worcestershire ... See MoreSee Less
0 CommentsComment on Facebook
It's Alex's 6 year work anniversary!
Help us congratulate him on his achievement! 👏
#workanniversary #6years #srcaccountants #srcaccountancyservices #srcaccountancyservicesltd ... See MoreSee Less
0 CommentsComment on Facebook
It's Robert's 7 year work anniversary!
Help us congratulate him on his achievement! 👏
#workanniversary #7years #srcaccountants #srcaccountancyservices #srcaccountancyservicesltd ... See MoreSee Less
1 CommentsComment on Facebook
📊 Inheritance Tax is an area more families may need to consider.
According to the supplied source, HMRC receipts have reached £3.8bn this financial year, reportedly surpassing last year’s figures.
The £325,000 Inheritance Tax nil-rate band has remained unchanged since 2009. With tax thresholds frozen and property values increasing, more estates may need to consider whether Inheritance Tax could apply.
Every situation is different, and careful planning can make a difference. We recommend seeking professional advice to understand how the rules may affect your estate and family.
Find out more: www.srcaccountants.co.uk
Stourbridge: 01384 403500
Bewdley: 01299 661511
#srcaccountants #MakingTaxEasy #InheritanceTax #TaxPlanning ... See MoreSee Less
0 CommentsComment on Facebook
On Saturday, our Director, Stephen Yarsley, played in the most important match of Stourport Cricket Club's 201-year history.
Thanks to a superb innings from Captain Charlie Foley, the club has been promoted to the Birmingham District Premier Cricket League for the first time.
As proud sponsors for a number of years, SRC Accountancy Services Limited would like to congratulate everyone at the club and wish them continued success as our partnership continues.
Stourport CC is now seeking significant sponsorship investment for next season and beyond, with plans to refurbish and reshape the clubhouse, erect a new scoreboard, purchase new main ground sight screens, and install new showers and disabled facilities.
There are sponsorship packages to suit all business sizes and types, and individuals are also welcome to support the club personally. Sponsorship may also help businesses reduce their taxable profits.
Find out more and support Stourport Cricket Club here: docs.google.com/forms/d/e/1FAIpQLSfbuMJStSBq9VbnWQbkvH2A_lw8ZwmSRydEN-jK5ngpHG1T0Q/viewform
Featured in the Kidderminster Shuttle: kidderminsterstandard.co.uk/sport/cricket-stourport-celebrate-historic-promotion-to-birmingham-le...
Stourbridge: 01384 403500
Bewdley: 01299 661511
#srcaccountants #StourportCricketClub #Sponsorship #MakingTaxEasy ... See MoreSee Less
0 CommentsComment on Facebook
It's Kath's 2 year work anniversary!
Help us congratulate her on her achievement! 👏
#workanniversary #2years #srcaccountants #srcaccountancyservices #srcaccountancyservicesltd ... See MoreSee Less
0 CommentsComment on Facebook
HMRC has acknowledged an error in the way some pension tax calculations were made.
The error incorrectly applied the higher State Pension rate for the full tax year, rather than splitting the calculation between the previous and new rates.
HMRC says it will refund £19.3 million, with approximately 3.2 million affected people expected to receive a payment.
If you receive a State Pension, please look out for further information from HMRC. If you are unsure how this may affect you, we are happy to provide clear, jargon-free guidance.
Stourbridge: 01384 403500
Bewdley: 01299 661511
#srcaccountants #pensiontax #taxadvice #worcestershire ... See MoreSee Less
0 CommentsComment on Facebook