In today’s economic landscape, where financial acumen plays a pivotal role in the sustainability and growth of any business, the importance of effectively managing business expenses cannot be overstated. Check out our essential toolkit for business owners here.

House price declines are gradually easing as sales volumes increase across the UK. In October 2023, prices dropped by -1.4%, slowing to -0.8% by December.

Chancellor Jeremy Hunt has said that there is little scope for further tax cuts in the Spring Budget. Read more here.

The 2024 Spring Budget was released on the 7th of March which included support aimed at helping poorer families. Find out what announcements were made and the impact on your personal finances.

After the more comprehensive business support and tax cuts announced in the 2023 Autumn Statement, such as making the full expensing policy permanent, the 2024 Spring Budget was lighter on headline-making pro-business announcements.

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.