Business News

15 November 2025

The signs of digital wallet abuse you need to look out for

Digital wallet abuse is on the rise as criminal networks continue to exploit individuals and businesses for their own selfish gains. In 2024, over 2.5 million

15 November 2025

Preparing for Plan 5: The newest student loan payment structure

Students who started their undergraduate and advanced learner loan courses on or after 1 August 2023 will fall into the new Plan 5 payment plan bracket.

15 November 2025

The UK’s residency rules explained – Six months on from the change

In April 2025, the UK’s ‘non-domicile regime’ was replaced with a new set of rules centred around an individual’s tax residency, taking in factors like an

15 November 2025

Bank and building society interest – What needs to be reported under Self Assessment?

HMRC has confirmed it is changing the way it will handle tax on bank and building society interests. What has HMRC changed? Since October 2025, HMRC

15 November 2025

Could the Autumn Budget hold big changes to the taxation of partnerships?

With the November Budget just weeks away, one rumour appears to be gaining more traction than others. Media reports suggest that the Chancellor, Rachel Reeves, may

15 November 2025

Family businesses most exposed to 2026 IHT reforms

In the October 2024 Budget, the Government confirmed reforms to Inheritance Tax (IHT) that will take effect from April 2026. The changes will restrict the availability

15 November 2025

IR35: Increase in financial thresholds for “small” client company

HMRC has confirmed that the upcoming increase in company size thresholds will apply to the off-payroll working rules. From 6 April 2026, more end-client companies will

13 October 2025

Making Tax Digital – Understanding the new penalty regime

With just six months to go before the first round of Making Tax Digital (MTD) for Income Tax gets rolled out, many sole traders are still

13 October 2025

Eight in 10 small business owners have no exit plan – Do you?

A recent survey by Capital on Tap revealed that 79 per cent of small business owners do not have an exit plan. The survey highlighted a

13 October 2025

Big changes are coming to FRS 102 – How can you prepare?

From January 2026, FRS 102 is going to be changing in a significant way and businesses need to be ready. Any business that prepares accounts under

13 October 2025

The dangers of non-compliance with the new Companies House ID verification

From 18 November 2025, identity verification will be mandatory for company directors, members of LLPs and Persons with Significant Control (PSCs). Companies House will not be

13 October 2025

New shareholder dividend reporting requirements are fast approaching

The 2025/26 financial year will bring new reporting requirements for UK resident directors of close companies, who are required to file a Self-Assessment tax return. HM