Energy bills, staffing, borrowing costs, taxes and supplier expenses are just a few of the reasons behind the added financial pressure business owners are currently facing. As we get closer to the new tax year, it is the ideal time…
Recent media coverage has publicised the possibility of a new tax on people who leave the UK, calling it an “exit tax”. This type of regime already exists in several countries, including France, Spain, Canada and Australia, and is now…
Small businesses have been given a reprieve, after Companies House confirmed that its plans to require the filing of profit and loss accounts from April 2027 are on hold. A new update to official guidance confirms that the change will…
As the deadline for Self Assessment passes, new data from HMRC shows that taxpayers paid a staggering £325 million in fines and interest last year after failing to meet the 31 January deadline. Recent analysis of HMRC’s publicly available statistics…
Companies House fees have increased from 1 February 2026, affecting both the cost of incorporation of new limited companies and many ongoing reporting requirements. Many of the fees have increased substantially and it is important that you factor in these…
The Autumn Budget 2025 has brought more changes to business rates and many businesses and property owners could be at risk of higher bills. Businesses must know if they are affected and seek the right support so they can prepare…
From April 2026, the Employment Rights Act will come into effect, bringing reforms to Statutory Sick Pay (SSP) that will affect every employer. It will change how SSP is calculated and create new responsibilities for employers. What are the changes…
From April 2027, all UK employers will be required to payroll Benefits in Kind (BiKs) rather than reporting them through the traditional P11D process. While this may feel a long way off, businesses should start preparing now so that their…
Recent research from the Chartered Institute of Credit Management (CICM) has revealed that 82 per cent of SMEs have faced cash flow difficulties. For many small businesses, periods of high activity can be followed by quieter months that place pressure…
The Employment Rights Act 2025 has reached the end of its parliamentary debate and is set to bring significant changes to UK Employment Law. Employers are now faced with a limited window to prepare their payroll systems and processes for…