Latest Business News
Capital allowances – New rules for a new tax year
Capital allowances continue to provide an effective method for businesses to reduce their tax bills, by providing incentives for investment in eligible expenditure – typically plant and machinery. Historically, these reliefs have been subject to change and the 2026/27 tax
Company tax returns and accounts have gone digital
HMRC and Companies House have confirmed that from 1 April, all businesses must use compliant, commercial software to file their company’s tax returns. As of 31 March, the free joint online service, commonly known as the CATO portal, from these
The final countdown: Is this your last chance to get ready for MTD for Income Tax?
With just a few weeks before Making Tax Digital (MTD) for Income Tax comes into effect on 6 April, the countdown is on. HMRC has been sending letters to thousands of sole traders, landlords and self-employed individuals, warning them their
The FRS 102 rules are changing again: How will they affect you?
The revised version of FRS 102 accounting standards has already brought new reforms for accounting periods starting on or after 1 January 2026 and now the rules are changing again. The Financial Reporting Council (FRC) has announced further amendments to
New tax year – What is changing?
The new tax year is just a few weeks away, starting on 6 April, so allow us to refresh your memory of the key changes in store for 2026/27. Personal tax The Government has decided to continue the Income Tax
Structuring your business for sale – BADR is changing once again
For business owners preparing to sell or exit their company, a stricter interpretation of the qualifying conditions for Business Asset Disposal Relief (BADR) and increased scrutiny from HMRC will soon be introduced. These changes may affect the timing of a
Preparing your business for the rising rates of the National Minimum Wage
From April 2026, the National Minimum Wage rates will increase once again, driving up employment costs for many businesses and requiring them to review their payroll processes. If you haven’t considered how these new rates will affect your business, you
Have you verified your identity? Staying compliant with Companies House changes
Since November 2025, it has become a requirement for all company directors and Persons with Significant Control (PSCs) to verify their identity with Companies House. As this must be completed by November this year, it is concerning that many have
Spring Statement 2026
Going into the latest Spring Statement, the Chancellor made it very clear that this would not be a full fiscal event and that any new policy changes would be off the table. Rising to her feet in Parliament that isHow can employers prepare for Statutory Sick Pay (SSP) changes in April 2026?
From April 2026, the Employment Rights Act will come into effect, bringing reforms to Statutory Sick Pay (SSP) that will affect every employer. It will change how SSP is calculated and create new responsibilities for employers. What are the changes