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…
If you have noticed more TV and online adverts for cloud accounting software lately, that is no accident as the countdown to Making Tax Digital for Income Tax (MTD for IT) ramps up.
The Bronsens Quarterly Newsletter is here, packed with essential insights for business owners, investors, and individuals looking to stay on top of financial and tax planning. Inside this issue: ISAs set for a shake up Restrictions planned for salary sacrifice…
Pubs sit at the heart of our communities, but the rising costs are continuing to put pressure on our local businesses and the hospitality sector.
One of the most common questions business owners ask accountants, “Can I put this through the business as an expense?”
A new tax year is steadily approaching and will manifest many of the changes announced in the Autumn Budget.
A new Freedom of Information requested from HMRC, released to the public has found that 5.6 million in the UK paid more tax than they needed to in 2023
The deadline for your Self-Assessment tax bill is just over a week away and you may find yourself under increasing pressure if you cannot pay it.
HMRC has issued a warning to taxpayers completing their Self Assessment tax returns that their online software cannot automatically make calculations to account for the mid-year increase in the rate of Capital Gains Tax (CGT) in 2024.
The revised version of FRS 102 has now come into effect for accounting periods starting on or after 1 January 2026 and it will affect how your business prepares accounts under UK GAAP.
According to the latest statistics from HMRC, more than 4,600 Self Assessment taxpayers completed and filed their tax return on Christmas Day.