Category Archives: Uncategorised

Over the past week, one topic has dominated discussion among UK businesses, rising employment costs and the difficult decisions they are forcing on employers. This issue is particularly visible in the retail and hospitality sectors, but the underlying pressures apply across much of the economy. Employers are facing a combination of higher National Living Wage […]

Making Tax Digital for Income Tax is one of the most significant changes to personal tax reporting in recent years. Although the new rules take effect from April 2026, many self-employed individuals and landlords will need to register before 5 April 2026, making early preparation essential. Who will be affected MTD for Income Tax will […]

The UK Government has launched a new campaign urging businesses to strengthen their defences against cybercrime, reflecting growing concern about the scale and cost of online attacks on UK firms. The announcement, published on gov.uk this week, has attracted strong interest from business owners, particularly small and medium sized enterprises that may lack dedicated IT […]

Today the Office for National Statistics confirmed that UK inflation has fallen to 3.0 per cent in the year to January 2026, the lowest rate seen in about ten months and down from 3.4 per cent in December. This brings good news for households and businesses dealing with high costs, particularly as it follows a […]

The end of the tax year on 5 April 2026 brings a number of important payroll reporting obligations for employers. Even where payroll is run smoothly during the year, the year-end process is a distinct compliance exercise and needs specific attention to ensure everything is complete, accurate and submitted on time.   Final Full Payment […]

Many UK businesses are trading through a period of prolonged economic uncertainty. Costs remain high, consumer confidence is fragile, and access to finance is tighter than it was only a few years ago. In this environment, protecting cash flow and maintaining adequate cash reserves has become more important than chasing short term growth or headline […]

A UK parliamentary report has been widely covered this week warning that small firms are operating under pressures similar to those seen during the pandemic, but without equivalent support. The business and trade committee highlighted rising taxes, high energy costs, crime and chronic late payments as factors threatening the survival of many local firms, with […]

As the end of the tax year on 5 April 2026 approaches, many business owners focus on how much tax they expect to pay. What is often overlooked is that timing can be just as important as the numbers themselves. The date on which income is received, or expenses are incurred can materially affect the […]

Many business owners and individuals only think about tax when a deadline approaches or a tax bill arrives. While this is understandable, leaving tax planning until the last minute often limits the options available and can result in higher overall costs. Tax planning is most effective when it is forward-looking. Decisions made earlier in the […]