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hmrc

Traumatic or trustworthy – Is HMRC doing enough to support taxpayers?

Jul 14, 2026

Taxpayers need to know how to comply with changing rules and many find themselves reaching out to HMRC for support and guidance. New data from HMRC reveals that, while this can be helpful, it is not a universally positive experience. With many ...

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How could a new Prime Minister impact SMEs in the UK?

Jul 09, 2026

With Keir Starmer announcing his resignation as Prime Minister, there has been much speculation about what this means for the future of UK politics. His hotly tipped successor, Andy Burnham, is set to enter 10 Downing Street by Monday the 20th of ...

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tax

Government proposes changes to the taxation of distributions and repayments of capital from companies

Jul 07, 2026

The last few weeks have been awash with minor and major reforms to taxation in the UK, as part of HMRC’s  Tax Update 2026. While the headlines have been stolen by changes to the way VAT, PAYE and ITSA are paid, ...

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Paying tax as you earn it: The proposal that could reshape Self Assessment

Jul 02, 2026

Anyone subject to the UK’s Self Assessment system knows the rhythm by now. Income is earned across the tax year and the bill for it lands the following January. While Making Tax Digital (MTD) for Income Tax hasn’t changed when and ...

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tax

Despite setting sights on small businesses, the tax gap is still growing – How do businesses become tax compliant?

Jun 30, 2026

Between the amount of tax owed and the amount paid is the dreaded tax gap, the amount of additional revenue that HMRC would have to use if everyone were fully tax compliant. Every year since the 2005/6 tax year has seen ...

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Accepting cryptocurrency as payment – The tax implications for UK SMEs

Jun 25, 2026

One in five of the UK's top SMEs is already seeing customer demand for cryptocurrency payments, according to a recent survey by payment technology provider DECTA. Whether you are considering accepting crypto or have already started doing so, understanding how it ...

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leadership

Time for a new leader – How can businesses preserve value when there is a change at the top?

Jun 23, 2026

There are plenty of reasons why a new leader might be needed, whatever kind of business or institution you operate. Many directors leave a business amicably, to pursue other ventures or retire, but there may be occasions when the circumstances are ...

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Late payments reform: Welcome change, but is it fast enough?

Jun 18, 2026

Late payments are draining £11 billion a year from the UK economy, according to new research from online accounting platform Sage. Nearly half of all SME invoices (49 per cent) are now paid late, with businesses waiting an average of 27 ...

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finance

Acting your wage, the Gender Pay Gap and the jobpocalypse – How do businesses compensate teams in 2026?

Jun 16, 2026

As we are now nearly halfway through 2026, it is time for businesses to take stock of where things stand in what has been an incredibly tumultuous time for the economy. From conflict in the Middle East to the dawn of ...

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Small businesses could face publication of P&L accounts from 2028 – with a caveat

Jun 11, 2026

Following months of delays and uncertainty, the Government has confirmed that small businesses in the UK will be required to file balance sheet and profit and loss (P&L) accounts with Companies House. The new changes will impact small companies and micro-entities ...

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