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From 2026, many small companies preparing accounts under FRS 102 Section 1A will face significantly increased financial statement disclosure requirements. For many owner-managed businesses, this means more information than ever before will appear in the accounts filed at Companies House. […]
Read MoreFor years, Making Tax Digital (MTD) felt like one of those tax changes that was always “coming soon” but those deadlines have now arrived loud and clear for a whole swathe of individuals. From April 2026, hundreds of thousands […]
Read MoreFor many people, a side hustle has gone from being a passion project to a financial necessity. Whether creating content on TikTok, selling products through Etsy, driving for Deliveroo or freelancing in the evenings, earning extra income has become increasingly […]
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The Chancellor held the Spring Statement on 3 March 2026. The government has been keen to have only one tax event per year (the Budget) and so the Spring Statement was intended to provide an interim update on the economy […]
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The 2025 Autumn Budget, delivered on 26th November 2025, brought with it new pressures for small and medium-sized enterprises. Several changes, especially around taxation, pension rules and allowances, have a direct impact on the average UK business. The Budget […]
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Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget on 26 November 2025. The increases will be achieved through a range of measures, including extending the freeze on Income Tax thresholds […]
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On Tuesday 26 November, Chancellor Rachel Reeves will deliver her first Budget since taking office, a pivotal moment for the new Labour government and the UK economy. In her pre-Budget speech, Reeves spoke of making the “necessary choices” to bring […]
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For many business owners, “tax planning” is something that tends to be left until the eleventh hour, usually when the financial year-end is looming or when that reminder from HMRC lands in the inbox. But in today’s fast-moving economy, where […]
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New tax rules for MTD are coming – and they could impact you! From April 2026, HMRC is introducing mandatory quarterly digital reporting for anyone earning over £50,000 from self-employment and/or property income. Our records indicate that you meet, or […]
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The UK tax landscape for commercial vehicles changed significantly in April 2025, particularly affecting the classification of double cab pick-ups/combi vans and the tax reliefs they attract. Historically, double cab pick-ups used in a business context benefited from the tax […]
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