In June 2026, the Government published a document to gather views on the introduction of a criminal offence for making reckless or untrue statements relating to tax. The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that…
New funding rules for apprenticeships have been introduced, impacting any apprenticeships starting after 1 August 2026. This could affect more employers than before as apprenticeships are becoming increasingly popular, with 308,770 starts between August 2025 and April 2026, up 8.7…
With temperatures breaking 30 degrees on multiple occasions in 2026, scorching heat is becoming the new normal. Consecutive heatwaves have wiped £4.4 billion from the UK economy, according to research from think tank Verdant. Heatwaves are predicted to become more…
HMRC sent over 65,000 warning letters to cryptocurrency investors over the last year due to a suspected underpayment of tax.
If you are a shareholder in a company you have little involvement in, you might not realise a share disposal can trigger Capital Gains Tax (CGT).
Capital Gains Tax (CGT) receipts were up 17.6 per cent in July compared to July 2025, highlighting the growing importance of understanding the tax implications of asset sales.
With many individuals starting a ‘side hustle’ to supplement their salary, setting up as a sole trader or limited company is the first big decision.
The first quarterly filing deadline for MTD for Income Tax passed on 7 August, with 864,000 sole traders and landlords earning over £50,000 a year set to have signed up and completed the filing.
Where personal spending and business spending overlap, financial tracking can unnecessarily become a headache.
AI is something that we cannot escape, as it is built into nearly everything that people use on a day-to-day basis.
SMEs in the UK have struggled with late payments for years and cash tied up in unpaid invoices can put pressure on your business’s ability to operate effectively. Invoice financing can release funds locked up in late payments, giving a…
HMRC enquiry letters are sent to individuals to notify them that HMRC has chosen to formally investigate their tax affairs. While some enquiries are carried out randomly, the majority are selected based on a risk assessment of a business. These checks should not be…
Companies House has issued warnings to directors after a rise in scam emails following the organisation’s new identity verification processes. The scams are designed to create urgency and encourage directors to hand over personal information or click malicious links. While…
Seasonal workers are the backbone of many British businesses during the busy summer months. However, employers must understand the unique payroll responsibilities for these workers to ensure that they are being paid correctly. Setting up seasonal workers It can be…
If you or any of your employees have children aged 16 to 19, it is worth noting an important HMRC deadline that could affect household finances. What is changing? Child Benefit automatically stops on 31 August after a child turns…