Are You Ready for April 2025?
The new National Living Wage and National Minimum Wage rates will come into effect on…
Identity Verification Coming to Companies House
As part of the ongoing changes introduced by the Economic Crime and Corporate Transparency Act…
Cutting Wasteful Spending: Lessons from the Government’s Crackdown
The government recently announced a significant move to cancel thousands of government credit cards as…
Your Voice Could Be Your Password: HMRC Plans Biometric Security
HM Revenue and Customs (HMRC) is exploring new technology to improve customer service by using…
Higher Tax Threshold for Side Hustles: What It Means for You
Are you earning extra income through a side hustle? A significant change to the UK…
Spring Statement 2024: How Public Spending Cuts Could Impact Your Business
The latest economic news suggests that public spending cuts are on the horizon. Reports indicate…
Business Rates Relief for 2025/26: What You Need to Know
The UK government has confirmed the Business Rates Relief measures for 2025/26, as announced in…
The Future of AI in Finance: A Human-Centred Approach
The Institute of Chartered Accountants in England and Wales (ICAEW) has published insights from a…
PROPERTY NEWSLETTER – MARCH 2025
Welcome to our monthly newsletter, designed to keep property landlords informed about key industry updates,…
Tax E-News – March 2025
Welcome to the March 2025 edition of our Tax E-News. We aim to keep you…
Monthly Business Newsletter – March 2025
Welcome to our latest monthly newswire. We hope you enjoy reading this newsletter and find…
Surprise Inflation Increase: How to Protect Your Business in 2025
Inflation in the UK saw an unexpected rise in January 2025, jumping to 3.0% from…
Wages Growing Faster Than Inflation: What It Means for Your Business
Latest data from the Office for National Statistics (ONS) reveals that average wages in the…
How to Maintain Business Confidence Amid Economic Uncertainty
A recent survey conducted by the Chartered Institute of Personnel and Development (CIPD) among 2,000…
HMRC Late Payment Interest Rates Reduced – What You Need to Know
HM Revenue & Customs (HMRC) has announced a reduction in late payment interest rates, following…
Do You Need to Pay Tax on Your Side Hustle? Here’s What You Need to Know
With the rise of the gig economy and the increasing cost of living, more people…
Rises to national minimum wage confirmed
Legislation was laid before Parliament last week confirming that the new National Living Wage and…
Base rate cut to 4.5%
The Bank of England reduced their base rate to 4.5% last week, as had been…
Would you benefit from a top up contribution to your State Pension?
HM Revenue and Customs (HMRC) have revealed that 37,000 people have plugged gaps in their…
Monthly Business Newsletter – February 2025
Welcome to our latest monthly newswire. We hope you enjoy reading this newsletter and find…
Property Newsletter – February 2025
Welcome to our monthly newsletter for property landlords. We hope you find this informative and…
Rising Above the Storms: Strength in Business Recovery
Severe weather can pose significant challenges for businesses, causing power outages, property damage, and operational…
Avoiding the Last-Minute Rush: A Business Owner’s Guide to Preparing for Next Year’s Tax Return
The self-assessment tax return deadline has just passed, and many business owners may have found…
Tax E-News – February 2025
Welcome to the February 2025 edition of Tax E-News. We hope that you find this…
Why You Should Prioritise Tax Planning Before 5 April
As the UK tax year-end approaches on 5 April, now is the perfect time to…
Inflation falls to 2.5%: What this means for your business
Recent figures reveal that UK inflation dropped slightly in December to 2.5%, down from 2.6%…
Tax E-News – January 2025
Happy New Year and welcome to the January 2025 edition of Tax E-News. We hope…
Monthly Business Newsletter – January 2025
Welcome to our latest monthly newswire. We hope you enjoy reading this newsletter and find…
Property Newsletter- January 2025
Welcome to our monthly newsletter for property landlords. We hope you find this informative and…
Navigating Pricing Strategies Amid Rising Wage Costs in 2025
Tax measures taking effect in April 2025 are set to increase wage costs for businesses…
HMRC introduces new interactive tool for self-employed people
HM Revenue and Customs (HMRC) have announced the launch of a new interactive online tool…
Spread the cost of your Self Assessment tax bill with HMRC’s Time to Pay
With the holidays and end of the year fast approaching, it’s a good time to…
Spring Forecast scheduled for 26 March 2025
Rachel Reeves, the Chancellor of the Exchequer, has confirmed 26 March 2025 as the date…
A fresh start: Reviewing your business goals for the New Year
The start of January marks a time of new beginnings, and for business owners, it’s…
Salary vs dividends: The best way to extract profit in 2025/26
If you trade as a limited company, then you will likely know that balancing salary…
SPAM ALERT: VAT Submission Emails!
Scammers are sending fake emails pretending to be about VAT submissions, and they’re targeting unsuspecting…
Be wary of Self Assessment scams
HM Revenue and Customs (HMRC) have issued a reminder to be careful about scam attempts…
December 2024 – Monthly Newsletter
Welcome to our latest monthly newswire. We hope you enjoy reading this newsletter and find…
December Tax E-News
Welcome to the December edition of Tax E-News. We hope that you find this informative.…
Property Newsletter – December
FHLs abolition - Clarification In the Autumn Budget 2024, Chancellor Rachel Reeves confirmed the abolition…
Inflation on the rise: What October’s figures mean for businesses
The latest inflation figures from the Office for National Statistics (ONS) reveal that the Consumer…
Tax E-News – Autumn Budget 2024
On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was…
Agricultural and business property relief: What happened in the Budget?
Changes to inheritance tax were announced in the Budget that have caused consternation to farmers…
Businesses count the cost of increases to Employers National Insurance
As has been widely expected in the last few weeks, the Chancellor, Rachel Reeves, made…
National Minimum Wage increases for April 2025 announced
The government has announced the new National Minimum Wage (NMW) rates that will apply from…
Why staying up-to-date with your accounts is essential: Lessons from a recent insolvency case
In a recent court case, a company director from Bury was sentenced to prison for…
New tipping laws
What employers need to know As of 1st October, the Employment (Allocation of Tips) Act…
Chancellor pushes for e-invoicing
Could that help or hinder your business? As part of a series of announcements made…
Having trouble with your banking?
A strong relationship with your bank is a crucial part of the success and stability…
Make sure you claim your child benefit!
If you’re a new parent, congratulations! Apparently, around 2,000 babies are born on 26 September…
Companies House introduces new financial penalties regime
Companies House have rolled out a new penalties regime as part of a broader effort…
Tax E-News October
Welcome to the October edition of Tax E-News. We hope that you find this informative.…
HMRC reform: digital transformation and closing the tax gap
In line with the e-invoicing initiative we reported on elsewhere, the Chancellor also outlined broader…
Are you National Minimum Wage compliant?
As HMRC intensifies its crackdown on National Minimum Wage (NMW) noncompliance, it’s vital to make…
Companies House online services to move to GOV.UK One Login
Last week, Companies House confirmed that their online services will move to the GOV.UK One…
Do you need to register for self-assessment?
HM Revenue and Customs (HMRC) have issued a press release debunking some common myths about…
Adapting to change: Strategies for business success
The business environment is constantly changing and the ability to adapt to change is crucial…
Evaluating a business idea: A guide for aspiring entrepreneurs
The economy is continuing to grow, according to the latest figures for the April to…
Chancellor refuses to rule out increase to capital gains tax
Chancellor Rachel Reeves visited the US and Canada last week, and during an interview with…
Changes to non-domiciled tax status to go ahead
The previous government had planned to end non-domiciled tax status in the Spring Budget, replacing…
VAT on Amazon Fees from 1 August 2024
From 1 August 2024, selling fees charged by Amazon to UK vendors will be subject…
Abolishment of Furnished holiday lettings tax regime confirmed
HM Revenue and Customs (HMRC) have released draft legislation and a policy paper detailing the…
Bank of England reduces base rate to 5%
As expected, the Bank of England lowered their base interest rate on August 1 from…
Chancellor’s speech paving the way to a potentially difficult Autumn budget
The Chancellor of the Exchequer, Rachel Reeves, recently addressed the House of Commons to detail…
Highlights from the King’s speech: What impact may they have on your business?
Last week, King Charles delivered the King’s Speech, a traditional event at the State Opening…
Highlights from the Chancellor’s speech: What are the implications for tax and compliance?
The new Chancellor of the Exchequer, Rachel Reeves, delivered her first speech as Chancellor last…
Election results in: What will be the effect on your tax bill?
What the Labour Party's Election Win Means for Your Taxes With the Labour Party securing…
Reminder: P11D form submission deadline rapidly approaching
The deadline of July 6 for reporting expenses and benefits to HM Revenue & Customs…
Guide to the General Election 2024: Tax implications for your business- Accountants in Wimbledon
As a business owner, you’ll likely be wondering how the upcoming general election on 4…
How a general election can affect your business
The news is currently full of reports on the general election, so much so that…
Exploring finance options for small businesses: A guide to fuelling growth
Shawbrook Bank recently conducted research indicating that half of small business owners have had to…
Buying a second home: what should you think about?
As accountants, we are often asked about the financial and tax implications of buying a…
Reforms to leasehold properties becomes law – Accountant in Wimbledon
The Leasehold and Freehold Reform Act has officially passed into law, bringing significant implications for…
Choosing the best way to finance business asset purchases: Lease, Contract Hire or Hire Purchase? – Accountants in WImbledon
Imagine your business is flourishing, and it's time to invest in new equipment or a…
Government promise to cut National Insurance confirmed
While commenting on the GDP growth and what it indicates about the economy, the Prime…
How can you save on capital gains tax?
Over the last two years, the tax-free allowance for capital gains tax has been cut…
How might the changes to company size thresholds affect your business?
From October 2024, company size thresholds are to increase by 50%. For each company, these…
New digital service to check your State Pension forecast launched
A new digital service has been launched that makes it easier to check if you…
5 essential steps to successfully establish and grow your new business
If you are embarking on the exciting journey of starting your own business, then we…
Financing your business – what should you know?
Growing a business often requires capital. If you don’t have that capital personally or already…
Increasing your profit – why it’s not the same as growing sales
The so-called Micawber principle, as stated by Wilkins Micawber in Charles Dickens’ novel David Copperfield,…
Avoiding Business Pitfalls: 7 things you should NOT do as a business owner
Recent surveys of UK business owners show us to be under pressure. This is no…
Updated VAT road fuel scale charges from 1 May 2024
From 1 May 2024, the VAT road fuel scale charges will be updated. The new…
Have you checked your tax code?
Prior to the tax year starting each 6 April, HM Revenue and Customs (HMRC), will…
New R&D tax relief guidance available
For accounting periods beginning on or after 1 April 2024, a new merged scheme for…
Thinking of buying another business? What due diligence should you consider?
When in business, it’s not uncommon to be approached by another business with a view…
Good bookkeeping: A backbone of business success
Keeping your accounting records up to date can feel like a chore, but when your…
Could the VAT Annual Accounting Scheme be good for your business?
VAT-registered businesses normally submit their VAT returns and payments to HM Revenue and Customs 4…
Increase to small company thresholds
Thresholds based on a company’s accounts and employee numbers determine whether a company is categorised…
Employers – Are you ready for the new tax year?
The new tax year begins on 6th April and for employers running monthly payrolls, the…
Have we heard the death knell for national insurance contributions?
The original concept for national insurance contributions (NICs) was as a part of social welfare…
HMRC announces and then halts changes to helpline services
Last week, HM Revenue and Customs (HMRC) announced changes to its helpline services that will…
Are you or your employees making good use of Tax-Free Childcare?
Tax-Free Childcare is available to working families to help them save on their childcare costs.…
Spring Update –Multiple Dwellings Relief taxed from 1 June 2024
Multiple Dwellings Relief (MDR) is a stamp duty land tax (SDLT) relief that is currently…
Spring Budget – Reduction in capital gains tax higher rate
A couple of changes were made to capital gains tax (CGT) allowances and tax rates…
Spring Budget – VAT registration threshold increases
The thresholds for VAT registration and deregistration have remained static for the last 7 years,…
Spring Budget – Furnished Holiday Lettings regime to be abolished
If you run a holiday let, then you are likely well aware of the useful…
Spring Budget – National insurance cuts – what they mean to you as a self-employed business
The Spring Budget further extended the national insurance cuts first announced in last year’s Autumn…
Spring Budget – National insurance cuts – what they mean to you as an employer
The national insurance cuts in the Spring Budget have made most of the Budget-related headlines.…
Making Tax Digital: New policy paper published
A new policy paper has been released by HM Revenue and Customs (HMRC) on Making…