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%…
Key Pillars of the AI Opportunities Action Plan
The action plan highlights three core areas of focus to enable the UK to become…
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…
Two Business Rates Agents Suspended by VOA
The Valuation Office Agency (VOA) has announced the suspension of two business rates agents: Rateable…
Navigating Pricing Strategies Amid Rising Wage Costs in 2025
Tax measures taking effect in April 2025 are set to increase wage costs for businesses…
Tax Return Filing Deadline Looms: Are You Ready?
The Self-Assessment tax return filing deadline of 31 January is fast approaching, and HM Revenue…
Christmas tax filing: Getting ahead of the deadline
HM Revenue and Customs (HMRC) have revealed that 4,409 people chose Christmas Day to file…
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…
New Fair Payments Code launched
The government’s promised new Fair Payments Code was launched last week to try and tackle…
Are you employing seasonal winter staff?
In the run up to the winter holidays, you may be considering taking on additional…
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…
New reporting requirements for online platforms
New changes come into effect from January 2025 where online platforms, such as eBay and…
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…
Business rates reforms continue: What it means for you
The government has now published the legislation to deliver the business rates changes announced in…
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…
Reduction in HMRC late payment interest rates
Following the Bank of England’s decision to reduce the base rate from 5% to 4.75%,…
VOA to improve transparency on business rates valuations with reforms coming
The Valuation Office Agency (VOA) has announced plans to share more detailed information on business…
Tax E-News – Autumn Budget 2024
On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was…
Financial markets approve of Trump winning the presidency
Immediately following the US election results and Donald Trump’s win, the dollar made gains against…
Self-assessment tax returns: Counting down to 31 January
HM Revenue and Customs (HMRC) have begun reminding taxpayers that time is ticking for getting…
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…
Base rate drops to 4.75%
As had been widely expected, the Bank of England reduced the interest base rate to…
Autumn 2024 Budget speech: History in the making?
On 30 October 2024, Rachel Reeves delivered her first Budget speech. As the first Budget…
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…
Autumn 2024 Budget speech: History in the making?
Good news for workers, but not so much for businesses On October 30 2024, Rachel…
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…
New regulations of Buy-Now, Pay-Later proposed
The UK government has announced a consultation on new legislations designed to regulate Buy-Now, Pay-Later…
Chancellor reveals new investment bodies to boost UK growth
In her final speech at the International Investment Summit last week, Chancellor Rachel Reeves announced…
What will the Budget bring?
With the Budget coming on 30th October, speculation is increasing on what changes will be…
UK economic growth figures revised: What it means for your business
The latest figures from the Office for National Statistics (ONS) reveal that the UK’s economy…
New tipping laws: What employers and employees need to know
As of 1st October, new laws are in place to ensure that workers keep 100%…
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.…
Have a Child Trust Fund? Time to check if you can claim your savings!
If you, or your child, was born between 1 September 2002 and 2 January 2011,…
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…
Chancellor pushes for e-invoicing: What you need to know
The Chancellor unveiled a series of announcements last week that could have implications for UK…
Chancellor’s speech takes optimistic tone on economy
The Chancellor, Rachel Reeves, gave an important speech at the Labour Party conference last week,…
Government cracks down on late payments: what you need to know and how to protect your business now
Late payments are a huge headache for small businesses across the UK, costing SMEs around…
Inflation holds steady in August
The latest figures released by the Office for National Statistics last week show that inflation…
Check your National Insurance record: Are you missing out on your full State Pension?
HM Revenue and Customs (HMRC) has recently reminded people to check and make sure they…
Could UK Export Finance help your business to grow?
Kiverco, a family-owned business from County Tyrone in Northern Ireland, has secured multi-million-pound contracts to…
UK economy flatlines again
Figures released by the Office of National Statistics last week show that the UK economy…
Are you National Minimum Wage compliant?
As HMRC intensifies its crackdown on National Minimum Wage (NMW) noncompliance, it’s vital to make…
Companies undermining the insolvency regime are closed down
In a recent case reported by the Insolvency Service, two connected corporate rescue firms, Atherton…
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…
Plan 1 student loan interest rate to change to 6%
The Plan 1 student loan interest rate reduced to 6% (from 6.25%) from 30 August.…
October budget to be “painful”
The Prime Minister, Sir Keir Starmer, speaking from Downing Street last Tuesday, has said that…
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…
September Tax E-News
Welcome to the September edition of Tax E-News. We hope that you find this informative.…
Don’t miss out on Winter Fuel Payments: Check your eligibility for Pension Credit
As a pensioner you were likely dismayed to learn that Winter Fuel Payments are now…
Extending Child Benefit payments: What you need to know
As GCSE results day approaches on 22 August 2024, many families are considering the next…
Inflation increases to 2.2% in July
The Office of National Statistics has reported that inflation for July has risen to 2.2%.…
Evaluating a business idea: A guide for aspiring entrepreneurs
The economy is continuing to grow, according to the latest figures for the April to…
Former investment firm director receives 15-year bankruptcy restrictions for fraud
Andrew Paul Bird, a 60-year-old former investment firm director from Quarndon, Derbyshire, has been subjected…
Could government-backed financing help your business expand?
A small business from Barnsley, Slime Party UK, has successfully secured government-backed financing, enabling it…
HMRC interest rates to be reduced
The Bank of England’s decision to reduce the base rate to 5% means that HM…
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…
IPO issues warning about misleading invoices
The Intellectual Property Office (IPO) has issued a warning for businesses to beware of unsolicited…
VAT on private school fees: What that means for you
Draft legislation has now been published for the government’s plan to end the VAT exemption…
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…
Changes to National Minimum Wage recommendation criteria
Last week, the government updated the remit for the Low Pay Commission (LPC) to ensure…
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…
Welcome to the August edition of Tax E-News.
BEWARE THE 60% INCOME TAX TRAP It has recently been reported over half a million…
Getting help with redundancy: The Redundancy Payments Service
Losing a job can be a very challenging and stressful experience. However, if your employer…
HMRC conducting Business Asset Disposal Relief checks
The Institute of Chartered Accountants in England and Wales (ICAEW) have reported that HM Revenue…
Chancellor Launches Landmark Review to Boost Pensions and Investment
The Chancellor, Rachel Reeves, has announced a significant review aimed at enhancing pension investments, increasing…
Making HMRC pay for poor service
Dealing with HM Revenue & Customs (HMRC) can often be challenging. Long wait times when…
Inflation stable staying at 2%
The Office of National Statistics has released the latest inflation figures for June, and the…
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…
The new government’s six first steps for change: Implications for your business
The new government has rolled out an ambitious plan to drive significant changes across the…
New VAT registration tool released by HMRC
HM Revenue & Customs have released a new tool designed to help businesses find out…
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…
Economy growth higher than estimated – Accountants in Wimbledon
Figures released by the Office for National Statistics (ONS) show that the economy grew by…
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…
SPV – PROPERTY COMPANY – PROCESSING DATA AND STATUTORY REPORTING – ACCOUNTANTS IN WIMBLEDON
Processing data for a property company involves the following (list not exhaustive): If a property…
Could employee ownership be the answer for your business?
The Welsh Government were excited to announce a significant milestone in its own mission to…
Voluntary Code of Conduct for Directors: will it make a difference?
The Institute of Directors (IoD) has released a consultation document outlining a proposed code of…
Base rate plateau a concern for small businesses-Accountants in Wimbledon
In light of the Bank of England's decision to keep the base rate at 5.25%,…
Reminder: P11D form submission deadline rapidly approaching
The deadline of July 6 for reporting expenses and benefits to HM Revenue & Customs…
Welcome to the July edition of Tax E-News.
GENERAL ELECTION 2024 – WHAT ARE MAIN PARTIES SAYING ABOUT TAX? Both the Conservative and…
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…
Inflation falls to 2% – Accountants in Wimbledon
Figures released by the Office of National Statistics show that the Consumer Prices Index (CPI)…