Earn extra income? HMRC urges you to file your tax return early

If you have made more than £1,000 from a side hustle last year, you might need to tell HM Revenue & Customs (HMRC), and the earlier you do it, the better.

Read more...


Is your payroll ready for sick pay reform?

The countdown is on. From April 2026, the Government will overhaul Statutory Sick Pay (SSP) as part of its Employment Rights Bill reforms.

Read more...


Software-only filing and more disclosures – Major changes for small companies

If you run a limited company, it is important to be aware of some major changes coming to the way company accounts are filed.

Read more...


How changing Capital Gains Tax trends could affect your financial planning

Capital Gains Tax (CGT) receipts have been on a bit of a rollercoaster over the past couple of years.

Read more...


Two sides of the tax story – National Insurance up, Capital Gains Tax down

The latest tax data for the first months of the 2025/26 tax year shows mixed trends.

Read more...


Trading or not? Why income nature matters for BADR

Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, offers business owners a reduced Capital Gains Tax (CGT) rate on disposals of shares or assets in a trading business.

Read more...


With Tax Freedom Day now in mid-June, are business owners paying more than their fair share?

For many business owners, the phrase Tax Freedom Day may sound abstract, but it is a concept that is becoming increasingly relevant.

Read more...


Over 100,000 jobs lost – The cost of rising National Insurance on employers

The release of the latest employment data should serve as a wake-up call for business owners.

Read more...


Directors and the minimum wage – The compliance risks you may be overlooking

Since 1 April 2025, new National Minimum Wage (NMW) and National Living Wage (NLW) rates have applied across the UK, bringing substantial increases that affect employers of all sizes.

Read more...


Is your business ready to go viral? The financial risks (and rewards) of sudden success

The annual search for the UK’s most amusingly named small business is back, with entries flooding in for Simply Business’s £2,500 prize.

Read more...