For many business owners and investors, the headline news from the 2026 Autumn Budget was what did not change. The Government confirmed that the main rates of Capital Gains Tax (CGT) will remain unchanged. After the annual exempt amount of £3,000, gains will generally continue to be taxed at 18% for basic rate taxpayers and […]
It can be a costly error getting the Construction Industry Scheme (CIS) monthly returns wrong and HMRC note that they are paying more attention to them. HMRC say that the most common mistakes they see are using the wrong deduction rate, missing out material costs and entering figures incorrectly. Brush up on the ‘deduction’ rules […]
UK businesses are facing growing financial pressures as concerns over rising energy and fuel costs reach record levels, while the adoption of artificial intelligence (AI) continues to accelerate across the economy. The latest data from the Office for National Statistics (ONS) highlights the challenges facing businesses as they navigate increasing operating costs, supply chain uncertainty […]
Late payments can have a significant impact on small and medium-sized enterprises (SMEs), affecting cash flow, limiting growth and, in some cases, threatening the future of the business. With the Department for Business and Trade estimating that late payments cost the UK economy billions of pounds each year, having an effective invoicing and credit control […]
Chancellor John Healey’s first Budget was delivered on 28 October 2026 with a clear focus on driving “growth in every postcode”. While many expected major tax reforms, the Budget instead combines a series of targeted measures aimed at encouraging investment, supporting entrepreneurship and maintaining stability for businesses while increasing certain taxes in specific areas. For […]
One of the biggest myths in cybersecurity is that small businesses aren’t targeted. In reality, attackers often look for easy opportunities. Outdated software, unsupported systems and neglected websites can all present vulnerabilities. Many cyber-attacks are automated rather than targeted. The software simply searches the internet for websites running known vulnerabilities. Your business doesn’t need to […]
What Landlords and Sole Traders Need to Do Before April 2027 Making Tax Digital (MTD) continues to represent one of the biggest changes to the UK tax and self-assessment system in recent years. Whilst the next phase doesn’t become mandatory until April 2027, certain landlords and sole traders should start preparing now. What’s changing? From […]
Why Strategic Business Advice Matters More Than Ever for Growing SMEs Many business owners initially appoint an accountant to prepare annual accounts and tax returns. As businesses grow, however, they often need much more than just compliance support. Beyond the numbers The most successful owner-managed businesses use financial information as a foundation for better decision-making. […]
What Directors and Business Owners Need to Know Cryptocurrency has become increasingly common amongst investors, entrepreneurs and business owners. However, many people still underestimate the tax implications of buying, selling or exchanging digital assets. The misconception about crypto A common assumption is that crypto investments sit outside the UK tax system. In reality, HMRC expects […]
Payroll Changes Every Employer Should Be Preparing For Payroll is becoming increasingly complex, with several legislative changes on the horizon that could impact employers and employees alike. Mandatory Payrolling of Benefits in Kind From 6th April 2027, certain benefits including company cars, fuel benefits and medical benefits will be taxed through payroll in real time […]
