News & Insights

Chancellor Rachel Reeves will deliver her Spring Statement to the House of Commons on 3 March. As ever, Mercia’s experts will be keeping abreast of the speculation ahead of the day.

In an announcement just before Christmas, the government changed its position yet again in relation to Inheritance Tax (IHT) changes for farmers. It is worth noting that although the announcement was couched in terms of farmers, it appears that the changes will affect both farming and business property.

On 13 January 2026, the Scottish government unveiled its Budget for 2026/27, setting out measures aimed at easing the cost of living, supporting public services and driving economic growth. Here’s a closer look at the main announcements, with a focus on tax changes and other significant developments.

HMRC have published guidance on what to do to disincorporate a company.

At Mercia, we watched the Autumn Budget with great interest, despite the OBR blunder that led to the details being widely leaked before the Chancellor had a chance to address Parliament.

We recently launched your 2026 Training Programme, combining enhanced technical training with bold new content on technology, sustainability and professional skills.