Home / News & insights / The Moment – May 2026

At BKL, we know that life is built on moments: decisions, opportunities, changes that shape what comes next.

The Moment brings you our latest insights and updates to help you make the most of them.

This edition has insights on the latest tax announcements from the UK Government, what Making Tax Digital means for landlords and sole traders, and how prospective sellers can maximise their business’ value in today’s market.

You can also find out about key tax and accounting factors for new artists getting ready to tour, why the gap between property value and share value is critical for corporate transactions, and how we guided a leading model agency through FRS 102 lease accounting changes.

In this edition you can also catch up with our news and upcoming events, including our webinar on the impact of FRS 102 changes on complex leasing arrangements and revenue streams, and our new colleagues at RBSCA in Canary Wharf.

What May’s tax announcements mean for businesses and individuals

What Making Tax Digital means for property owners

Our guide to the recent announcements – covering temporary VAT reductions, inheritance tax on pensions, mileage allowance and UK foreign permanent establishments – and how to plan for these changes.

Webinar replay: Making Tax Digital – a practical guide

What MTD for Income Tax means in practice, and how entrepreneurs and property owners can adjust with confidence.

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Selling your business in 2026: why timing matters

M&A trends, buyer demand, and expert strategies to maximise value in the current economic environment – timing matters.

Models1 and lease accounting changes

How our specialists guided leading model agency Models1 through changes to the UK’s FRS 102 accounting standards.

Property value v share value: understanding the gap

For corporate transactions, restructurings and valuations involving real estate, the distinction between the two figures is critical.

Academy trust year-end guidance: the latest from our team

Practical guides to academy trust financial reporting covering trustees’ reports, audit preparation and reserves management – view our guidance.

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Getting ready for touring: tax & accounting factors

Touring brings a range of financial, tax and admin considerations for emerging musicians. Part two of our guide.

A closer look at FRS 102: join our webinar on Thursday 18 June

Looking at the deeper impacts on businesses with complex leasing arrangements or revenue streams, such as long‑term contracts.

BKL News

RBS Chartered Accountants join BKL

We’re excited that RBSCA, a long-established accountancy practice serving owner-managed businesses in Canary Wharf, has joined BKL.

NOON Entrepreneur Club

As part of our partnership with NOON, we’re proud to support their new club giving practical guidance to midlife entrepreneurs.

Meet us at Infoline’s Client Assets Protection Forum on Wednesday 10 June

Our CASS audit specialist Alisha O’Donovan will be speaking on compliance and industry challenges for payment services and e-money firms.

The Moment – May 2026