Companies House have this week confirmed how the reforms for Small and Micro Entities which were set out in the Economic Crime and Corporate Transparency Act (ECCTA) 2003 will be implemented. This follows a pause in implementation last year over…
You may or may not be aware that towards the end of last year (18 Nov to be precise) new mandator identiy verification for directors and people with significant control (PSCs) over companies came into force under the Ecconomic Crime…
Big changes are coming for sole traders — are you prepared? From April 2026, Making Tax Digital (MTD) for Self Assessment becomes mandatory for sole traders and landlords with turnover above £50,000. That means digital record-keeping and quarterly submissions will…
Did you know that UK company size thresholds are changing on 6 April 2025? Probably not – these changes have not been well advertised or communicated. In effect, the thresholds at which a company or LLP moves from being…
by Sophie Hutchings Stamp Duty will increase in England and Northern Ireland Stamp Duty Land rates are changing from 1st April 2025, when the temporary increases to the thresholds that were put in place in September 2022, are due…
by Sophie Hutchings What is a self-assessment? Self-assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax and National Insurance Contributions. Tax is usually deducted automatically from wages and pensions. People and businesses with other…
by Sophie Hutchings What is small business Saturday? Founded by American Express, small Business Saturday was first established in the U.S in 2010 to encourage people to shop at small, independent businesses, promote consumer spending and economic recovery after…
Rachel Reeves has delivered her first budget as Chancellor, the first Labour budget since 2010. We will be circulating a more detailed breakdown to clients later this week, but below are some of the key takeaways, changes and impressions that…
The 2024 Budget (due 30 October) will be the first budget of the new Labour Government. We can expect to see some dramatic changes from the last few years, and we will of course help you navigate the coming changes…
by Sophie Hutchings Why is Networking a key ingredient for small business success? There is an assumption that networking is only useful for job searching, but it goes far beyond you just finding your next job opportunity. Networking is…