Business
without
bullsh-t
“Candid, no-nonsense conversations about the world of business, minus the jargon.”
EP 410 - Tax Without BS returns with a fiery but surprisingly hopeful breakdown of the November 2025 UK Budget.
Andy, Jemma and Emma from Oury Clark sift the good, the bad, and the “are-you-kidding-me?” of Britain’s latest fiscal plan
From scale-up salvation and EIS boosts, to SME heartbreak, Mansion Tax grumbles, pension puzzles, and the four-year foreign-income free-for-all.
It’s the only budget reaction that’ll make you laugh and rethink your life insurance.
*For Apple Podcast chapters, access them from the menu in the bottom right corner of your player*
Spotify Video Chapters:
00:00 Andy's Episode Synposis
02:29 Business Tax Positives
05:37 Funding Gaps and EIS
14:18 Business Rates and SME Challenges
18:16 Inheritance Tax and Business Property Relief
23:58 Impact on SMEs and Entrepreneurs
33:12 Understanding Business Rates
34:04 Personal Taxes Overview
34:16 Employee Ownership Trusts Explained
37:54 Income Tax Threshold Freeze
38:55 Salary Sacrifice and ISA Changes
40:08 Financial Literacy and Investment Advice
43:44 Mansion Tax and Property Levies
48:42 Tax Avoidance vs. Tax Evasion
55:48 Foreign Income and Gains Regime
01:00:32 Final Thoughts and Budget Reflections
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"Having a dog in the office increases productivity"
"Having a dog in the office increases productivity"
Business
Bulls-t
What do you think?
Is this Business or
is this Bulls-t?
“We are looking at a bridging round of funding”
Translation:
I’m staring at the bank balance and we have literally run out of money.
BWB Explains: A bridging round is a quick injection of cash to tide you over in terms of cash until you close your next round of fundraising. See also “Burn Rate” and “Runway”
Meet our team…
By day partners in Oury Clark, a pioneering UK professional services firm, by night (well early evening usually) podcast hosts extraordinaire. Lawyers and Accountants, but not as you know them.
