News & Articles
Getting monthly Construction Industry Scheme (CIS) returns correct
Members of the Construction Industry Scheme (CIS) are due to get letters from HMRC where errors have been identified in their monthly returns. The letters, due in October, are in response to three common errors identified by HMRC...
HMRC targets side hustle income
HMRC has launched a fresh summer campaign reminding people with "side hustles" that extra income may need to be reported for tax purposes...
Companies House to bring in changes to accounts filing from April 2028
Reforms to affect micro entity and small company accounts Companies House will introduce changes to accounts filing due to governmental reforms under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act 2023)...
Great British summer savings
On 21 May 2026, the Chancellor, Rachel Reeves MP, announced 'Great British Summer Savings', a package of measures aimed at cutting costs for families, particularly those with children...
Why financially successful business owners can still feel out of control
How to make sure your personal finances stay on track Your business can be doing well financially but you can still feel uncertain about where your personal finances are heading. For many business owners, wealth has built up gradually and unevenly...
Are you ready for e-invoicing?
HM Revenue & Customs (HMRC) recently released a research paper on how small and medium-sized businesses (SMEs) view electronic invoicing, also called e-invoicing. In the Autumn Budget 2025, plans were announced to make e-invoicing mandatory for VAT invoices from 2029...
Is your business ready for 2026/27?
With 6 April 2026 ushering in the start of the new tax year, there are some changes on the way that may affect how you run and plan for your business. To help you stay ahead, we have highlighted three key updates worth having on your radar...
Personal tax changes coming in April 2026
With just a few weeks to go until the beginning of a new tax year, a new round of tax changes take effect from April 2026. While many people won’t see a big difference in their day-to-day tax position, there are some areas worth having on the radar...
Getting ready for Making Tax Digital
With just 10 weeks or so to go until the new tax year, many businesses are preparing for the changes that Making Tax Digital (MTD) will bring. From April, sole traders and landlords with an income of over £50,000 will need to submit quarterly updates to HMRC...
HMRC warns of rising self-assessment scams ahead of January deadline
HM Revenue & Customs (HMRC) has issued a warning about scams ahead of the 31 January Self Assessment deadline. According to HMRC, more than 4,800 Self Assessment scams have been reported to them since February 2025...
