Latest News

FRS 102 Section 1A is Changing – Could FRS 105 Be a Better Fit for Your Business?

30th September 2026

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...

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Making Tax Digital is here: What sole traders and landlords need to do now to keep up with changes

17th July 2026

  For 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...

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Side Hustles and Tax: What Every Extra Earner Needs to Know Before the Next HMRC Deadline

17th July 2026

For 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...

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What Capital Allowances Changes Mean for Your Business in 2026 and Beyond

1st June 2026

The Autumn Budget, delivered last 26th November 2025, introduced changes to how businesses can claim tax relief on equipment and machinery. Some of these changes have recently been implemented. These changes do not remove Capital Allowances, but they...

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Company Car Tax: Is the EV Era Over, or Just Entering a New Phase? A Business Owner’s Guide.

30th April 2026

In recent years, the choice of a company car was simple. The tax advantages of Electric Vehicles (EVs) made them the definitive choice for both business owners and employees. However, with realignment of the tax system and associated...

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Chartered Accountants in Sunderland, offering expertise on everything from Tax and Business Planning,
to Accounts and VAT.