Is your business ready for changes to Business Property Relief?

First announced in last year’s Autumn Budget, the changes to Inheritance Tax (IHT) are set to come into effect from April 2026.

Read more...


HMRC is worried about director National Insurance Contributions – Are yours accurate?

As different parts of financial regulations change, it can often feel like a challenge keeping pace with everything that needs to be done.

Read more...


Why HMRC’s exemption list shouldn’t stop you preparing for MTD for Income Tax

Making Tax Digital (MTD) for Income Tax is less than six months away and now is the ideal time for self-employed individuals, sole traders and landlords to start preparing for the changes to come.

Read more...


The importance of effectively managing director loans

Many small and medium-sized business owners utilise director loans to access valuable funds to help fix any short-term concerns, like cash flow issues.

Read more...


A £2.4 billion error: Why you need to ensure your accounting figures are correct

HM Revenue and Customs (HMRC) has acknowledged an error it made when publishing Valued Added Tax (VAT) figures that may impact the provisional 2025 to 2026 year-to-date receipts.

Read more...


AI’s prominent rise continues but don’t underestimate the importance of accountants

Large Language Models (LLMs) like ChatGPT are proving popular with businesses for financial advice, but taking their advice can be dangerous for your company.

Read more...


Company Electric Car – HMRC introduces two separate rates

HM Revenue and Customs (HMRC) has announced its latest updates to the Advisory Electric Rate (AER) that will affect employees using a company car. Reviewed every three months on a quarterly cycle, HMRC’s latest update confirmed that there are now

Read more...


HMRC updates the factsheet for self-review of the National Minimum Wage

With changes expected to be announced about the UK’s current National Minimum Wage (NMW) and National Living Wage (NLW) rates in the near future, HM Revenue and Customs (HMRC) has updated its checking process. As part of HMRC’s NMW check

Read more...


New shareholder dividend reporting requirements are fast approaching

The 2025/26 financial year will bring new reporting requirements for UK resident directors of close companies, who are required to file a Self-Assessment tax return. HM Revenue and Customs (HMRC) has introduced measures that will mean company directors will need

Read more...


The dangers of non-compliance with the new Companies House ID verification

From 18 November 2025, identity verification will be mandatory for company directors, members of LLPs and Persons with Significant Control (PSCs). Companies House will not be prosecuting these individuals for failure to comply for the first 12 months, but from

Read more...