Finance

Welcome to the Finance section of UK Business Mag, your trusted source for insightful financial advice, practical strategies, and the latest economic updates relevant to businesses across the UK. Here, you’ll find expert guidance on managing cash flow, securing funding, tax planning, investment strategies, and navigating complex financial regulations. Whether you’re an entrepreneur, small business owner, or corporate finance professional, our in-depth articles provide valuable tools and resources to help you make informed financial decisions, maximize profitability, and ensure your business’s long-term financial health and success.

Rachel Reeves BIK Tax Changes in 2025 What UK Taxpayers and Businesses Need to Know

Rachel Reeves BIK Tax Changes in 2025: What UK Taxpayers and Businesses Need to Know

Finance /

Rachel Reeves BIK Tax Changes in 2025: What UK Taxpayers and Businesses Need to Know? A broad spectrum of UK companies and workers are anticipated to be impacted by changes to the Benefit-in-Kind (BIK) tax system in 2025. Announced by Rachel Reeves, these updates focus on modernizing company car taxation and aligning benefits with the […]

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Older Drivers Car Tax Changes in 2025 What You Need to Know in the UK

Older Drivers Car Tax Changes in 2025: What You Need to Know in the UK

Finance /

As an older driver in the UK, staying on top of car tax changes is crucial—especially in 2025, when a new round of Vehicle Excise Duty (VED) reforms come into effect. While age alone doesn’t offer automatic exemptions, understanding your eligibility, how emissions-based taxes work, and what benefits might apply to you can help you

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Can I Gift £3000 To Each Child UK – Tax Exemptions 2025

Can I Gift £3000 To Each Child UK? – Tax Exemptions 2025

Finance /

In the UK, gifting money to your children is a thoughtful way to support them financially. However, it’s essential to understand the tax implications to ensure your generosity doesn’t lead to unintended tax liabilities. This guide explores the rules surrounding the £3,000 annual gift exemption and other related tax exemptions in 2025. What is the

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The Biggest Mistake Parents Make When Setting Up a Trust Fund UK What You Need to Know

The Biggest Mistake Parents Make When Setting Up a Trust Fund UK: What You Need to Know

Finance /

Setting up a trust fund for your child can be one of the most powerful ways to safeguard their financial future. In the UK, trusts offer flexible, legally recognised methods for protecting assets and managing wealth across generations. However, the biggest mistake parents make when setting up a trust fund UK is surprisingly common—and it

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