Mileage allowances changed for tax year 2026-27
Rates have increased HMRC have reminded businesses that the Approved Mileage Allowance Payments (MAPs) have been updated for the 2026-27 tax year. Rates have: Increased to 55p per mile for the first 10,000 miles. Remained at 25p per mile after 10,000 miles. These changes are backdated to 6 April 2026. If you reimburse your employees […]
Inflation Is Rising Again: How UK Businesses Can Protect Their Margins
After several years of unusually high inflation and economic uncertainty, many businesses had hoped that price pressures were finally becoming easier to manage. The latest figures suggest the situation remains more complicated. UK CPI inflation reached 3.1% in August 2026, according to the Office for National Statistics, putting renewed pressure on businesses already dealing with […]