EPISODE · Jun 11, 2026 · 31 MIN
The Quiet Tax Changes That Could Throw Your Business A Lifeline #124
from Profit Cash Growth · host Claire & Simon
Rachel Reeves announced seven policy changes outside of the normal fiscal calendar, and Claire Hancott breaks down exactly what they mean for business owners and the people running them. From the mileage rate increase that's been frozen for 15 years to the VAT cut on kids' hospitality that might never reach consumers, this episode cuts through the noise to tell you what actually changes for your business and what is just headlines. Key topics covered: The 12-month vehicle excise duty holiday for HGVs and why it will not move the dial for most transport businesses immediately Mileage rates rising from 45p to 55p per mile, backdated to April 6, and the double-edged sword for employers who pay staff mileage The fuel duty freeze and what it actually means in pounds and pence for HGV operators The VAT cut to 5% on children's hospitality and attractions, and why most businesses will not pass it on to consumers Free bus travel for children in August only, food tariff cuts on 100 products, and the limited help for farmers ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe ⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 7 & 8 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.
What this episode covers
Rachel Reeves announced seven policy changes outside of the normal fiscal calendar, and Claire Hancott breaks down exactly what they mean for business owners and the people running them. From the mileage rate increase that's been frozen for 15 years to the VAT cut on kids' hospitality that might never reach consumers, this episode cuts through the noise to tell you what actually changes for your business and what is just headlines. Key topics covered: The 12-month vehicle excise duty holiday for HGVs and why it will not move the dial for most transport businesses immediately Mileage rates rising from 45p to 55p per mile, backdated to April 6, and the double-edged sword for employers who pay staff mileage The fuel duty freeze and what it actually means in pounds and pence for HGV operators The VAT cut to 5% on children's hospitality and attractions, and why most businesses will not pass it on to consumers Free bus travel for children in August only, food tariff cuts on 100 products, and the limited help for farmers ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe ⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 7 & 8 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.
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The Quiet Tax Changes That Could Throw Your Business A Lifeline #124
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