News

August 13, 2025

Government Unveils Small Business Plan

The government has launched its Small Business Plan which it believes will help small businesses to grow and encourage entrepreneurs to start businesses.
August 11, 2025

New Legal Requirement: Directors and PSCs Must Verify Their Identity from November 2025

From 18 November 2025, identity verification will become a legal requirement for all company directors and people with significant control (PSCs). This is part of a wider reform under the Economic Crime and Corporate Transparency Act 2023, and it’s set to impact millions of individuals connected to UK companies.
July 2, 2025

Earning Extra Income? You Might Need to File a Tax Return – Here’s What to Know

If you earn extra income from a side hustle, you could be legally required to register for Self Assessment and complete a tax return - and it’s better to get ahead of it now, rather than wait until the January deadline.
June 30, 2025

Government Targets £7.5 Billion in Unpaid Tax - Focus on Business Compliance

The government has announced plans to raise an additional £7.5 billion by stepping up efforts to close the tax gap - the difference between the tax HMRC expects to collect and what is actually paid.
June 26, 2025

Inflation Falls Slightly to 3.4% for May

According to the latest figures released by the Office for National Statistics, the main rate of inflation decreased from 3.5% in April to 3.4% in the year to May.
June 25, 2025

No Change for the Bank of England Base Rate

The Monetary Policy Committee (MPC) has decided to keep the Bank of England base rate at 4.25% following its latest review last Thursday.
June 23, 2025

Should You Own a Property Through a Company - or Personally?

If you're considering buying a property, especially as an investment, one of the key decisions you'll face is whether to hold it personally or through a limited company. This choice can have long-term tax, financial, and administrative implications, and there’s no one-size-fits-all answer.
June 19, 2025

Hiring Slows as Costs Rise

New data from the Office for National Statistics suggests that UK businesses are continuing to slow down recruitment, with job vacancies falling by 63,000 between March and May.
June 16, 2025

Spending Review 2025: Takeaway Points for Your Business

Last week, the Chancellor unveiled her Spending Review setting out how government departments will allocate money over the coming years. While much of the focus was on large-scale public services like the NHS and schools, there are some important signals here for businesses to take note of - both in terms of opportunity and outlook.
June 12, 2025

OECD Downgrades UK Growth Forecast, Citing Debt and Trade Barriers

The UK’s economic growth is set to slow more than expected, according to the Organisation for Economic Co-operation and Development (OECD), which has downgraded its forecast for 2025 to 1.3%, down from 1.4% earlier this year.

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