News and Views

Pensioners should beware of winter fuel payment scams

Recent government guidance has highlighted a growing risk of fraud linked to Winter Fuel Payments, with criminals attempting to exploit uncertainty around changes to eligibility and repayment arrangements. Pensioners are being encouraged to remain cautious if they receive unexpected communications claiming to be connected with the payment, particularly where personal or financial information is requested. […]

Communicating price increases by strengthening perceived value

Raising prices is rarely comfortable for business owners, yet it is often necessary to maintain margins as wages, materials, finance costs and energy bills rise. The difficulty is rarely the price itself. It is the customer’s perception of whether the product or service is still worth the cost. A more effective approach than simply announcing […]

Optimising use of accounts software

Review your options to improve management information Many businesses invest in accounting software primarily to meet compliance obligations such as VAT returns, payroll submissions and year end reporting. However, modern accounting systems are capable of delivering far more value than simply producing statutory figures. If your software is only being used to record historic transactions, […]

The marginal tax trap in 2026-27

For the 2026-27 tax year, individuals with income between £100,000 and £125,140 face an effective marginal income tax rate of 60%. This unusually high rate is not a separate tax band but arises because the personal allowance is gradually withdrawn once income exceeds £100,000. The personal allowance remains £12,570 for 2026-27 and continues to be […]

New rights to sick pay and parental leave for millions of workers

The UK government has introduced significant employment law reforms that expand access to Statutory Sick Pay (SSP) and parental leave rights. These measures represent one of the most substantial updates to workplace protections in recent years and are intended to support employees facing illness or family responsibilities, while helping to create a more flexible and […]

When does a hobby become a business

Many people start an activity as a hobby, perhaps selling handmade goods online, offering occasional services, or generating small amounts of additional income from spare capacity. Over time, what begins as a leisure pursuit can evolve into something that looks increasingly commercial. This raises an important question, when does a hobby become a business for […]

Price gouging and the governments new response

Recent global instability, particularly tensions affecting oil and energy supply chains, has increased concerns about price gouging, where businesses take advantage of shortages or uncertainty to impose unjustified price increases. In response, the UK government has announced new measures intended to protect consumers and ensure markets continue to operate fairly. Price gouging generally occurs when […]