The new tax year is just a few weeks away, starting on 6 April, so allow us to refresh your memory of the key changes in store for 2026/27. Personal tax The Government has decided to continue the Income Tax threshold freeze until at least April 2031, while keeping the tax-free personal allowance at £12,570. […]
For business owners preparing to sell or exit their company, a stricter interpretation of the qualifying conditions for Business Asset Disposal Relief (BADR) and increased scrutiny from HMRC will soon be introduced. These changes may affect the timing of a sale, the structure of your business and the tax you will pay on any gains. […]
From April 2026, the National Minimum Wage rates will increase once again, driving up employment costs for many businesses and requiring them to review their payroll processes. If you haven’t considered how these new rates will affect your business, you should do so now. What’s changing in minimum wage rates? From April 2026, the new […]
Since November 2025, it has become a requirement for all company directors and Persons with Significant Control (PSCs) to verify their identity with Companies House. As this must be completed by November this year, it is concerning that many have still not done so. This verification process is part of the UK Government’s efforts to […]
We are thrilled to announce that The Surrey Probate Practice Ltd has been officially shortlisted for ‘Specialist Probate Provider of the Year’ at this year’s Probate Industry Awards. The Probate Industry Awards are affectionately known as ‘The Probies’ and are dedicated to recognising the elite professionals in the probate industry who provide essential support to […]
The latest Spring Statement has done little to steady the nerves of firms in Surrey, with Chancellor Rachel Reeves declining to set out fresh measures to ease mounting financial strain on UK companies, according to leading accountancy practice TWP Accounting. In calmer circumstances, the Office for Budget Responsibility’s (OBR) Spring Forecast might have provided a […]
Going into the latest Spring Statement, the Chancellor made it very clear that this would not be a full fiscal event and that any new policy changes would be off the table.
From April 2026, the Employment Rights Act will come into effect, bringing reforms to Statutory Sick Pay (SSP) that will affect every employer. It will change how SSP is calculated and create new responsibilities for employers. What are the changes to SSP? One of the biggest changes is the removal of the three waiting days […]
The Autumn Budget 2025 has brought more changes to business rates and many businesses and property owners could be at risk of higher bills. Businesses must know if they are affected and seek the right support so they can prepare for any unexpected pressure on their cash flow. Is the business rates multiplier being reduced? […]
Companies House fees have increased from 1 February 2026, affecting both the cost of incorporation of new limited companies and many ongoing reporting requirements. Many of the fees have increased substantially and it is important that you factor in these additional fees. For example, the fee for incorporating a limited company is increasing as follows: […]
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