The 2024 Spring Budget was released on the 7th of March, find details about the Economic Outlook of the country here.

The Government has committed to supporting 5.5 million small businesses by updating its Help to Grow campaign and introducing a new Small Business Council next month.

Starting on 4 February 2024, HMRC is writing to company owners regarding the potential under declaration of dividend income. Find out more here.

In a move to boost international trade and foster greater exporting opportunities for small businesses, UK Export Finance (UKEF) has introduced more flexible and expedited financing.

In a bid to tighten tax regulations and combat tax evasion, HMRC is implementing measures affecting sellers on platforms such as eBay, Vinted, Airbnb and Etsy. Find out what this means for your business.

Business leader confidence in the UK economy fell to -28 in December 2023 after hitting -21 in November, according to the latest economic confidence index from the Institute of Directors (IoD). But this contrasts to business leaders’ confidence in their own enterprises.

In a move to ease financial burdens on UK households, the Government has implemented a historic National Insurance (NI) cut, providing relief for 27 million taxpayers. Find out more here.

HMRC has published the latest advisory fuel rates (AFR) for company car users, which applies from the 1st December 2023. The rates for some petrol engines and all vehicles with diesel engines increased by 1p per mile. More details here.

The new year marks the start of new beginnings, so there’s no better time to revisit your personal financial strategy. This is our spotlight on how to plan your finances in 2024.

In this in-depth exploration, we'll dissect the pros and cons of each option, providing you with comprehensive insights to empower you in making an informed decision aligned with the unique goals of your business.

HMRC has announced a major shift in tax procedures, exempting high earners with PAYE income exceeding £150,000 from self-assessment tax returns starting in the 2024/25 tax year. Read about the announcement here.

In November, Prime Minister Rishi Sunak hosted a summit at Hampton Court to spotlight foreign firms' plans to invest £29.5 billion in the UK, signalling confidence in the economy. Find out more here.

Corporate insolvencies in England and Wales are at their highest level since 2009, according to new data from the Insolvency Service. Read more here.

The Bank of England (BoE) announced it would maintain its interest rate at 5.25% for the second consecutive time, following a series of 14 rate hikes. Read more here.

Small business confidence in the UK improved slightly in Q3 2023, although challenges persist, according to the latest Small Business Index from the Federation of Small Businesses (FSB). Find out more here.

A recent survey from the Association of Chartered Certified Accountants (ACCA) has shed light on the challenges UK accountants face when dealing with HMRC services. Find out more here.

As 2023 draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient way that benefits both you and your employees? In this guide, we’ll help demystify the tax treatment of your end-of-year celebrations.

What to watch out for when navigating this important financial obligation. The UK self-assessment system has its quirks and nuances, and understanding how to stay compliant is crucial to a smooth and stress-free income tax process. Find out more here as we do a deep dive into the Self-Assessment.

The Autumn Statement was released on the 22nd of Novemeber 2023, in this article we detail the changes brought in that will effect business.