Buzzacott

An increasing number of UK individuals are choosing to relocate overseas, often attracted by new lifestyle opportunities, favourable climates, and the potential for long‑term wealth planning. With recent changes to both UK and many overseas jurisdictions’ tax legislation, careful planning is essential to ensure that a move abroad is both effective and sustainable.

We’re pleased to have collaborated with PARN for the first time on this financial benchmarking report for professional bodies. This report is PARN’s 16th edition and offers insights based on our extensive experience in the sector, PARN’s research base, and this year’s survey findings. Professional bodies operate within a complex and evolving environment, with diverse income streams and service offerings, alongside varied membership structures.

Welcome to Buzzacott’s first Further Education annual benchmarking report, providing insight into funding trends, cost structures, and financial resilience across the college sector. Further Education (FE) institutions operate in a complex funding and delivery environment, characterised by multiple funding streams, diverse learner cohorts, and varied estates.

From a temporary VAT cut for the summer to significant court rulings and updated HMRC guidance, this month’s VAT update brings together the key developments businesses should be aware of, including changes affecting family-focused sectors, ride-hailing services, and pension VAT recovery, alongside other technical updates on bundled supplies and VAT grouping. If you would like to discuss how any of these developments could affect your organisation, please get in touch with our VAT team.

Barriers to commercial lending and mainstream innovation funding, combined with rigorous certification requirements that must be met before deployment, mean that defence businesses often require patient, long-term capital to sustain development before generating any revenue. The UK R&D tax relief regime can provide essential support for those in the sector, but recent reforms to the scheme have materially who can claim, which costs qualify, and how claim ownership works in practice.

Skerryvore Asset Management Ltd engaged Buzzacott to provide independent assurance over their internal controls. By delivering a Type 2 ISAE 3402/AAF 01/20 report, we helped them enhance transparency, strengthen investor confidence, and demonstrate their commitment to robust governance and risk management in a competitive global market. Why independent assurance matters In today’s highly regulated financial services landscape, transparency and trust are critical differentiators.

The Covid-19 pandemic disrupted many aspects of daily life, including the ability of some taxpayers to meet their US tax obligations. To provide relief, the US government extended a number of tax deadlines under emergency measures. However, other than for some limited reliefs, the IRS continued to issue penalties and interest in accordance with standard practice and taxpayers made the consequent payments.

Estate administration can be a long and confusing process, often at a time when emotions can be high. While no two estates are ever the same, there are some common areas where clear guidance can help. Roles and responsibilities in estate administration We will often be asked, who is responsible for an estate following a death? Generally, this will be the Personal Representatives (PRs), who may be Executors or Administrators.

We are proud to announce that Buzzacott has been ranked 39th in the Sunday Times Top 100 Apprenticeship Employers 2026! What is The Sunday Times Top 100 Apprenticeship Employers? The ranking celebrates the UK's outstanding apprenticeship employers – recognising their commitment to creating new apprenticeships, the diversity of their apprentices, and the number of apprentices who successfully complete their apprenticeships.

As the UK tourism market prepares for another busy season, hospitality businesses face more than just rising demand: they are operating under increasing scrutiny over how they treat their people. From coastal resorts and countryside retreats to city destinations such as London, Edinburgh and Manchester, a strong summer is expected. But behind every guest experience sits a critical factor that is gaining far greater attention: how staff are rewarded for the service they provide.