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.
Are you claiming all your allowable business expenses?
If you are self-employed, claiming all of your allowable business expenses can reduce your taxable profit and, in turn, the…July 9, 2026
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Where do we draw the line between free speech and racism?
The volatile boundary between workplace speech, belief, and discrimination was recently ignited in a case that tested the sanctity of…July 8, 2026
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Tax Diary August/September 2026
1 August 2026 - Due date for Corporation Tax due for the year ended 31 October 2025. 19 August 2026…July 8, 2026
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When did you last check your credit rating?
Many business owners regularly monitor their bank balance, sales and cash flow, but overlook another important financial indicator, their credit…July 6, 2026
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Company filing penalties you should avoid
Most company directors are aware that they must file annual accounts and a confirmation statement with Companies House. However, missing…July 6, 2026
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Child Benefit and the High Income Child Benefit Charge
The High Income Child Benefit Charge (HICBC) applies where an individual or their partner receives Child Benefit, and their adjusted…July 2, 2026
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Avoid 60% Income Tax band
A ‘60% Income Tax band’ can arises when an individual’s income exceeds £100,000 in a tax year. Once this threshold…July 2, 2026
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Meaning of Carried Interest
Carried interest is essentially a share of the profits from an investment fund that is paid to the fund managers.…July 2, 2026
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Construction Industry Scheme responsibilities
The Construction Industry Scheme (CIS) is used within the UK construction sector to help manage payments between contractors and subcontractors…July 2, 2026
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Don’t forget to pay your Class 1A NICs
Employers are reminded that Class 1A National Insurance contributions (NICs) for the 2025-26 tax year must be paid by 19…July 2, 2026
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Meaning of Permanent Establishment
The term permanent establishment (PE) is an important tax concept for businesses that operate across international borders. In simple terms,…July 2, 2026
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Are you too dependent on one customer?
Many successful businesses begin by working closely with one major customer. While this can provide valuable income and stability in…June 29, 2026
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