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.

The Autumn Statement was released on the 22nd of Novemeber 2023, in this article we detail the new changes that will effect individuals and our personal finances.

The Autumn Statement was released on the 22nd of Novemeber 2023, in this article we detail the economic outlook and implications for the UK.

A Treasury task force explained on the 9 October how listed companies and financial firms will have to outline plans to cut carbon emissions in the transition to a 2050 net-zero economy.

The number of company insolvencies in September 2023 was 16.5% higher than the same month last year, according to official data published in October by the Insolvency Service.

Constant developments in technologies like AI and cloud

accounting are changing the way we do business and

manage our finances. It’s a rapidly advancing field that

has already changed the way most businesses think about their

processes. So what are the benefits of using technology in

business accounting?

Leading business organisations have criticised the Government’s decision to scrap the northern leg of HS2, despite its promises to divert £36 billion into new transport in the Midlands and north of England.

Britain’s economy partially recovered in August, with a marginal growth of 0.2% following a sharp fall in July. Find out more here!

Employers are turning to generous counter-offers in a bid to retain staff as skills shortages persist, new research suggests. Find out more here.

HMRC has reopened the self-assessment tax helpline from 4 September after it was closed for three months over the summer. Details here.

The UK is no longer a global economic outlier after a huge revision to its post-pandemic economic performance by the Office for National Statistics (ONS). Read more here.

What you need to know about trusts, including how they are taxed. Check out our latest article here.