Latest Business News
Companies House issues warning over scammers
Companies House has issued warnings to directors after a rise in scam emails following the organisation’s new identity verification processes. The scams are designed to create urgency and encourage directors to hand over personal information or click malicious links. While
I have received a HMRC enquiry letter – What do I do now?
HMRC enquiry letters are sent to individuals to notify them that HMRC has chosen to formally investigate their tax affairs. While some enquiries are carried out randomly, the majority are selected based on a risk assessment of a business. These checks should not be
Invoice financing – Liberating cash tied up in late payments
SMEs in the UK have struggled with late payments for years and cash tied up in unpaid invoices can put pressure on your business’s ability to operate effectively. Invoice financing can release funds locked up in late payments, giving a
Treasury finally confirms a 22 per cent tax on cash interest on Stocks and Shares ISAs
In a shocking turn of events, Rachel Reeves has confirmed the ISA tax that the Treasury previously deemed ‘nonsense’. From April 2027, savers could face a 22 per cent tax on interest earned from uninvested cash held in a Stocks
Less than a month left until the MTD reporting deadline, are you ready?
The first official deadline for Making Tax Digital (MTD) for Income Tax is 7 August 2026. By this point, if you are a sole trader or landlord earning over £50,000 a year, you must have registered and filed your first
Small businesses to face new Companies House account filing rules from April 2028
After months of delays, the Government has finally confirmed how the Economic Crime and Corporate Transparency Act 2023 (EECTA) will change the way small businesses report their finances to Companies House. The new rules take effect from 1 April 2028
Benefits in Kind reporting is changing…again
The Government has revised its plans for mandatory payrolling of Benefits in Kind (BiK), introducing a phased approach that splits the rollout across two years. The timetable has already shifted once, with the original April 2026 start date having been
Employee Ownership Trusts – What business owners need to know
With more than 2,400 businesses now operating through an Employee Ownership Trust (EOT) structure, this has become a mainstream option for business owners thinking about succession and exit. The tax benefits that helped drive that growth have recently changed, but
Should I gift a lump sum from my pension to family? Understanding the Inheritance Tax implications
You are likely aware of the upcoming inclusion of unspent pension pots for Inheritance Tax (IHT) calculations from 6 April 2027. This has sparked a wave of interest in finding alternative ways to save for the future. While it might
Mixed picture for UK mergers and acquisitions– Where do the opportunities lie?
Mergers and Acquisitions (M&A) are a core part of business growth and resilience. Done well, the acquiring business benefits from a new market and the other company gets access to additional resources and support. Government data has shown changes in