Are you ready for April 2025

Employers National Insurance and National Minimum Wage increases to take effect While some may have hoped for some backtracking in the 2025 Spring Statement, the new National Minimum Wage and Employers National Insurance increases will come into force from April 2025 as planned. For many businesses, the April payroll will represent a sizeable step […]
Are You Prepared for the End of Paper Self-Assessment Tax Returns?

Making Tax Digital for Income Tax is Coming The tax landscape for self-employed individuals and landlords is changing—again. HMRC’s Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) is scheduled to come into effect from April 2026. While that may sound distant, businesses and individuals affected by the changes need to start preparing now. The […]
Proposals on new energy saving requirements for landlords

Costs to implement could be as much as £15,000 The UK government is consulting on changes that will require private landlords in England and Wales to meet higher energy performance ratings by 2030. Currently, 48% of all private rented homes have an Energy Performance Certificate (EPC) of C or above. However, under new plans the […]
Managing Cash Flow During High-Interest Rate Conditions

A Guide for UK SMEs In the last two years, UK businesses have faced rising interest rates as the Bank of England battles inflation. For small and medium-sized enterprises (SMEs), the era of cheap borrowing is over, and many are now facing higher costs to finance working capital, loans, and investments. Effective cash flow management […]
Public Procurement Act comes into force

More opportunities for small businesses The Public Procurement Act 2023, originally set for implementation on 28 October 2024, has now officially come into force. This legislation introduces new rules designed to make it easier for smaller businesses to compete for and win public sector contracts. Key changes under the Act The Act establishes clear […]
Shake up, Wake up, Scale up
SME conference is back for 2025

The Hertfordshire SME only conference is back bigger and better The SME event is returning on 2nd July 2025 at Pendley Manor, Tring, Hertfordshire HP23 5QY The shake up, wake up, scale up conference brings together SME’s at different stages who need to plan their future with mentors, insights and advice that can help them […]
How the VAT Threshold Rise Could Impact Small UK Businesses

In a move welcomed by many small business owners, the VAT registration threshold in the UK is set to increase from £85,000 to £90,000 from April 2024. While this change may sound relatively minor, it could have significant implications for thousands of UK businesses—particularly sole traders and SMEs operating just below or above the existing […]
Making Tax Digital for Income Tax regime extended to smaller businesses

How will the changes affect you? The Spring Statement announced that the Making Tax Digital for Income Tax (MTD for IT) regime will be further extended to smaller businesses. Read on to see how and when your business might be affected. What is MTD for IT? Making Tax Digital for Income Tax (MTD for IT) […]
Spring Statement and OBR Forecasts

How is your business affected? The Chancellor of the Exchequer, Rachel Reeves, delivered her Spring Statement last week in which she outlined the government’s economic plans, including spending decisions, tax policies and efforts to boost growth while managing public finances. What did the statement tell us about public finances and the economy? The Statement came […]
31 March year end? How soon after that date will your accounting figures be available?
