Why HMRC’s exemption list shouldn’t stop you preparing for MTD for Income Tax

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Why HMRC’s exemption list shouldn’t stop you preparing for MTD for Income Tax

Oct 16, 2025

Making Tax Digital (MTD) for Income Tax is less than six months away and now is the ideal time for self-employed individuals, sole traders and landlords to start preparing for the changes to come. Ahead of MTD for Income Tax coming ...

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The importance of effectively managing director loans

Oct 14, 2025

Many small and medium-sized business owners utilise director loans to access valuable funds to help fix any short-term concerns, like cash flow issues. Before taking a director’s loan, you have to be sure it’s the right path to take because you ...

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A £2.4 billion error: Why you need to ensure your accounting figures are correct

Oct 09, 2025

HM Revenue and Customs (HMRC) has acknowledged an error it made when publishing Valued Added Tax (VAT) figures that may impact the provisional 2025 to 2026 year-to-date receipts. In its report, HMRC reported that its VAT cash receipts for April to ...

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AI’s prominent rise continues but don’t underestimate the importance of accountants

Oct 07, 2025

Large Language Models (LLMs) like ChatGPT are proving popular with businesses for financial advice, but taking their advice can be dangerous for your company. The information you are given isn’t always accurate and that can mean you face the consequences, as ...

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Why are fewer SMEs investing in their company?

Oct 02, 2025

Small and Medium Enterprises (SMEs) are finding the current economic climate challenging, with many reluctant to invest for fear of losing their business entirely. We want to understand the hesitation behind the lack of borrowing so that your business can get ...

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A guide to VAT for businesses: What you need to know

Sep 30, 2025

Running a business provides plenty of challenges, including knowing your tax obligations and when you need to file your tax returns. Part of your tax obligations may include paying Value Added Tax (VAT). VAT is an indirect tax that customers pay ...

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What Sole Traders need to know about tax

Sep 25, 2025

If you are about to start your business or are currently running a small business, it is important that you understand your tax obligations and when you need to pay them. There are factors to consider, including how the business is ...

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Understanding your Corporation Tax obligations

Sep 23, 2025

If you manage or run an incorporated business such as a limited company, you are required to register for Corporation Tax which means you need to know your obligations and ensure you are paying your bill on time. Corporation Tax is ...

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Inflation stays at 3.8 per cent: Is this good or bad for businesses?

Sep 18, 2025

For the second consecutive month, inflation in the UK has stayed at 3.8 per cent which effectively means general costs have stayed at the same price. However, while inflation remaining steady is a positive thing, it remains above the Bank of ...

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The Chancellor confirms the Government will review the Small Business Rates Relief

Sep 16, 2025

A recently released report from HM Treasury has confirmed that the Chancellor Rachel Reeves is reviewing the Small Business Rates Relief (SBRR), as she attempts to kick-start the economy and give businesses a platform to expand and grow. She has reaffirmed ...

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