Latest news
Construction Industry Scheme: tackling fraud
Tackling fraud in the Construction Industry Scheme (CIS) was one of the measures addressed in the recent Budget. The changes ...
Protecting your online passwords
With so many online accounts now in daily use, including banking, shopping, email and HMRC services, password security has never ...
Basis period reform – spreading rules for payment
If your business has transitional profits from basis period reform, spreading over five years may reduce the cash flow impact, ...
What banks look at when a small business applies for a loan
When a small business applies for a bank loan, the bank is mainly trying to answer one question, “How likely ...
Tax Diary February/March 2026
1 February 2026 - Due date for Corporation Tax payable for the year ended 30 April 2025.19 February 2026 - ...
MTD for Income Tax – what’s required from April 2026
From April 2026, Making Tax Digital for Income Tax (MTD for IT) will become mandatory for many self-employed persons and ...
Company liquidations and insolvencies are still elevated
The Insolvency Service data for England and Wales shows monthly company insolvencies remain high by historical standards, even though they ...
New First Year Allowance from 1 January 2026
The new 40% First Year Allowance (FYA) for qualifying main-rate plant and machinery expenditure first announced at Autumn Budget 2025 ...
Suing whistleblowers for a breach of confidence is not a viable strategy
The Court of Appeal has ruled that the initiation of legal or arbitral proceedings by an employer against a ‘whistleblower’ ...
Learning from mistakes in business
Making mistakes in business is unavoidable. No matter how experienced or careful someone is, decisions are made with imperfect information, ...
Bank of England delivers narrow vote rate cut
The Bank of England’s Monetary Policy Committee (MPC) last met on 18 December and, in a narrow 5–4 vote, decided ...
Construction Industry Scheme changes
As part of the Budget measures, the government confirmed plans to make some changes to the Construction Industry Scheme (CIS) ...
Employers may now be personally liable for unfair dismissal claims
A recent ruling has increased the scope of statutory protection for whistleblowers to include covered detriments against co-workers under the ...
Tax Diary January/February 2026
1 January 2026 - Due date for Corporation Tax due for the year ended 31 March 202519 January 2026 - ...
Property and savings income subject to new tax rates
The government announced at Budget 2025 that dividend income, property and savings income, will be subject to new tax rates ...
Avoid over-stocking
Accountants often see the impact that excess stock has on a business long before the business owner realises what is ...
