Insights, Updates and Guidance
Our news section shares practical updates on accounting, tax regulations and financial management – written in plain language to keep you informed.
Changes to the calculation of Income Tax
A number of changes to the taxation of dividends, property income and savings income were announced in the Autumn Budget…March 12, 2026
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Increase in company late filing penalties
After the end of its financial year, a private limited company must prepare full annual accounts and submit a company…March 12, 2026
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Accelerate Return on Investment
The speed with which a business can achieve a return on investment is often just as important as the size…March 9, 2026
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Reducing energy consumption
Reducing energy intensity is one of the most practical ways for small businesses to protect themselves from rising energy costs,…March 9, 2026
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Loans to Participators
There are special rules to prevent close companies, generally companies controlled by a small group of individuals, from allowing directors…March 5, 2026
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What Is a person with significant control?
A person with significant control (PSC) is someone who owns or exercises significant influence over a company. They can also…March 5, 2026
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Meaning of “bona vacantia”
Bona vacantia is Latin term meaning “ownerless goods”. The bodies that deal with bona vacantia claims vary across the United…March 5, 2026
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Reclaiming VAT on a self-build home project
Reclaiming VAT on a self-build home project can significantly reduce the overall cost of building or converting your property. The…March 5, 2026
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Claiming a tax refund from HMRC
If you have paid too much tax to HMRC, you may be able to claim a tax refund. Overpayments can…March 5, 2026
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Changes to reporting of BiKs
Mandatory payrolling of benefits in kind (BiKs) and taxable employment expenses will be introduced from 6 April 2027. This represents…March 5, 2026
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Why disregarding the minimum wage constitutes modern slavery
The National Minimum Wage (NMW) Act 1998 remains contentious, especially after the introduction of the NMW (Amendment) Regulations 2025, as…March 3, 2026
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Spring Statement 2026
The Chancellor’s Spring Statement, presented to Parliament 3 March 2026, was packed with political content that has no real impact…March 3, 2026
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