Dealing with HM Revenue & Customs (HMRC) can often be challenging. Long wait times when calling for assistance, incorrect refund…

The Intellectual Property Office (IPO) is celebrating a milestone as the first patent application has been filed through its new…

The National Cyber Security Centre (NCSC) have refreshed their guidance on shopping and paying safely online. Whether for our business…

The London Borough of Hackney (LBoH) has been reprimanded by the Information Commissioner’s Office (ICO) following a cyber attack made…

The Office of National Statistics has released the latest inflation figures for June, and the good news is that the…

Last week, King Charles delivered the King’s Speech, a traditional event at the State Opening of Parliament. This speech outlines…

The successor to the Recovery Loan Scheme, the Growth Guarantee Scheme, has now been launched by British Business Bank. The…

In a fast-paced world dominated by the latest technologies and trends, there’s a growing counter-movement that celebrates the past: the…

The new government has rolled out an ambitious plan to drive significant changes across the UK, and as your business…

HM Revenue & Customs have released a new tool designed to help businesses find out what VAT registration would mean…

The new Chancellor of the Exchequer, Rachel Reeves, delivered her first speech as Chancellor last week outlining her plans for…

Glasgow, one of the premier shopping destinations in Scotland, is facing significant challenges that threaten its vibrancy and economic vitality.…

A new funding competition is open to all UK businesses, offering up to £150,000 for projects aimed at developing and…

New Digital Service for Special Import Certificates Effective 15 July 2024 Starting 15 July 2024, all Special Import Certificate (SIC)…

Running a business involves numerous responsibilities, and ensuring the safety of your employees should be a top priority. Here's why…

This summer is packed with major sporting events – The Euros, Wimbledon, and the Tour de France are in full…

Figures released by the Office for National Statistics (ONS) show that the economy grew by 0.7% between January and March.…

What the Labour Party's Election Win Means for Your Taxes With the Labour Party securing a mandate to form a…

Processing data for a property company involves the following (list not exhaustive): If a property agent is used: Obtaining agency…

The Welsh Government were excited to announce a significant milestone in its own mission to increase the number of employee-owned…

The Institute of Directors (IoD) has released a consultation document outlining a proposed code of conduct for directors. This new…

In light of the Bank of England's decision to keep the base rate at 5.25%, the Federation of Small Businesses…

The National Cyber Security Centre (NCSC) offers an innovative online tool called ‘Exercise in a Box’ that allows businesses to…

The deadline of July 6 for reporting expenses and benefits to HM Revenue & Customs (HMRC) is fast approaching. It's…

GENERAL ELECTION 2024 – WHAT ARE MAIN PARTIES SAYING ABOUT TAX? Both the Conservative and Labour parties have pledged not…

As a business owner, you’ll likely be wondering how the upcoming general election on 4 July 2024 is likely to…

Figures released by the Office of National Statistics show that the Consumer Prices Index (CPI) for May 2024 was 2%.…

On 1 October 2024, the Employment (Allocation of Tips) Act 2023 will come into effect, introducing major changes to how…

The Valuation Office Agency (VOA) has issued a warning about false claims regarding the deadline for appealing the 2023 list…

Last week, the UK reached an agreement with Norway and the Faroe Islands aimed at reducing the fishing pressure on…

Parents of children aged 16 to 19 who continue their education or training after GCSEs can extend their Child Benefit…

The Health and Safety Executive (HSE) has fined Openreach £1.34 million following an investigation into the death of an engineer.…

Meta, the parent company of Facebook and Instagram, initially planned to utilize user data from these platforms to train generative…

As an interior designer, you thrive in a world of creativity and aesthetics. However, managing the financial aspects of your…

The UK government has announced a new initiative to enhance the sustainability of fish stocks through the implementation of Remote…

With our personal and work lives now requiring us to have so many passwords, it is difficult to keep coming…

The Bank of Canada announced a cut of a quarter of a percentage point to its key interest rate last…

The Charity Commission has recently concluded its regulatory compliance case into the Actors’ Benevolent Fund and has drawn out some…

The news is currently full of reports on the general election, so much so that you may be inclined to…

Shawbrook Bank recently conducted research indicating that half of small business owners have had to raid their savings to fund…

The latest labour market report from the Office for National Statistics highlights several important trends that might affect your business.…

If you are a female entrepreneur in the UK, you can now access a new resource designed to help you…

We reported last week that the Fisheries and Seafood Scheme (FaSS) had been reopened after a further £2 million of…

As accountants, we are often asked about the financial and tax implications of buying a second home. Sometimes, the allure…

At WWDC 2024 last week, Apple unveiled its much-anticipated first step into artificial intelligence. Apple’s strategy is to use AI…

Sticking with an AI theme, Microsoft has recently announced updates to Windows that will include Copilot+, its AI solution. One…

The Fisheries and Seafood Scheme (FaSS) has reopened its doors for grant applications, with an added £2 million injection to…

The Leasehold and Freehold Reform Act has officially passed into law, bringing significant implications for both freehold property owners and…

The National Cyber Security Centre (NCSC) has released guidance aimed at assisting developers, engineers, decision-makers, and risk owners in the…

A spreadsheet released by the Police Service of Northern Ireland (PSNI) in response to a freedom of information request inadvertently…

The Economic Crime and Corporate Transparency Act 2023 introduced significant reforms to Companies House procedures and powers, with the first…

The Digital Markets, Competition and Consumers Act has officially received Royal Assent and is now law in the UK. This…

The Office for National Statistics conducts a Business Insights and Conditions Survey (BICS) every two weeks. The latest survey, based…

Imagine your business is flourishing, and it's time to invest in new equipment or a company vehicle. With numerous financing…

Welcome to the June edition of Tax E-News. We hope that you find this informative. Please contact us if you…

Updated guidance has been issued by the Equality and Human Rights Commission to help employers. The guidance provides advice on…

Are you wanting to start your journey into craft, or do you want to turn your hobby into a career?…

Get in touch with our Wimbledon accountants to see how this exciting development might benefit your business. Ten UK teams…

Self-driving vehicles are set to be on British roads by 2026 following the enactment of the Automated Vehicles (AV) Act.…

A new service has been launched to help employers and managers with employee health and disability. Get in touch with…

Both Apple and Microsoft have announced updates to their product lines in recent weeks. Apple unveiled updates to their iPad…

A former management trainee at Enterprise Rent-A-Car UK Limited, Shairaz Saleem, has been fined after illegally obtaining customer data over…

New planning laws that have come into force simplify the conversion of unused farm buildings into new homes, farm shops,…

Official figures released last week by the Office for National Statistics show that the Consumer Prices Index (CPI) dropped to…

For businesses that run as a partnership, there often comes a time where you need to consider admitting a new…

The EOACC team in Derby are on a mission. Our accountants are passionate about helping small businesses, entrepreneurs, contractors, freelancers,…

Data releases in recent weeks from the Office of National Statistics (ONS) coupled with Bank of England decisions might make…

HM Revenue & Customs (HMRC) have released figures showing that 295,250 Self Assessment tax returns were filed in the first…

While commenting on the GDP growth and what it indicates about the economy, the Prime Minister again drew attention to…

The National Cyber Security Centre has joined forces with three major UK insurance associations to release new guidance designed to…

Submitting export declarations through the Customs Declaration Service (CDS) becomes mandatory for all businesses on 4 June. CDS will replace…

HM Treasury have published a press release pointing out that over £2 billion has been invested by leading tech firms…

Measures to support farmers and help the UK’s farming and food sector grow were announced last week by the government.…

Recycling can be confusing, leaving people and businesses wondering what items can be recycled on bin day. So, a new…

Making the leap from a technical expert to a business leader can be challenging. The Shott Scale Up Accelerator is…

Rian O’Keeffe is the latest fraudster brought to justice as part of the ongoing investigations into abuse of the Bounce…

Are you ready to be at the forefront of shaping the future of mathematical sciences in the UK? An exciting…

The UK government has announced a new initiative aimed at helping people with health conditions stay in or return to…

The artificial intelligence (AI) company, Wayve, has secured a $1.05 billion investment to develop the next generation of AI-powered self-driving…

Figures published by the Office for National Statistics on 10 May 2024 show that the UK has officially exited recession.…

Over the last two years, the tax-free allowance for capital gains tax has been cut by over three-quarters. For the…

The Information Commissioners Office (ICO) recently reported on a reprimand they issued to a housing association after personal information became…

From October 2024, company size thresholds are to increase by 50%. For each company, these new thresholds will begin to…

The Health and Safety Executive (HSE) has published an article outlining its approach to regulating artificial intelligence (AI) in workplaces.…

Small Business Britain, Square and Clearpay have commissioned a joint survey to understand the opportunities and challenges for female entrepreneurs…

Email phishing attacks that target senior leaders and finance personnel in the business are on the increase. The National Cyber…

A new digital service has been launched that makes it easier to check if you have any gaps in your…

If you are embarking on the exciting journey of starting your own business, then we wish you many congratulations! As…

Welcome to our latest monthly tax newswire. We hope you enjoy reading this newsletter and find it useful. Contact us…

Since it was decided in 2017, landlines across the UK are being updated by telecom companies to new digital technology…

Growing a business often requires capital. If you don’t have that capital personally or already in the business, then one…

HM Revenue and Customs (HMRC) have updated their guidance on what qualifies as ordinary commuting and private travel for tax…

The so-called Micawber principle, as stated by Wilkins Micawber in Charles Dickens’ novel David Copperfield, says: “Annual income twenty pounds,…

Recent surveys of UK business owners show us to be under pressure. This is no surprise. As a business owner,…

Are you a landlord looking to gain clarity on how your rental income impacts your tax obligations? Perhaps you're a…

Are you one of the many individuals juggling a side hustle alongside your main job? Whether you're selling goods online,…

Demystifying Your Tax Calculation with TaxDash: A Guide to Understanding Your Personal Finances Are you tired of feeling overwhelmed by…

Unlocking Tax Clarity: Introducing Taxdash - Your Advanced Income Calculator for Sole traders In today's complex financial landscape, understanding your…

Are you a director of a small company navigating the complexities of tax calculations? Do you find yourself balancing between…

The Labour party has published their plan to close the tax gap – the gap between tax owed and tax…