Business News

18 July 2025

Child Benefit repayments changing for thousands this summer

The way families make Child Benefit repayments to HM Revenue & Customs (HMRC) is changing. From the summer, many families will have the option to report

18 July 2025

Cash flow constraints – 57 per cent of businesses warn of rising costs

57 per cent of small to medium-sized enterprises (SMEs) have warned of rising costs over the next quarter, according to Intuit QuickBooks’ latest Small Business Insights

18 July 2025

Green levies on UK businesses to be cut

The UK Government has confirmed that it will reduce green levies for energy-intensive industries. These cuts aim to drive growth in key sectors, such as manufacturing

18 July 2025

Are tax rises on the horizon? What recent activity at The Treasury means for you and your business

While the 2025 Spending Review focused on long-term investment rather than introducing new taxes, the scale of spending suggests that future tax rises are likely. Where

17 June 2025

Three easy ways to manage your directors’ loan accounts

It is not uncommon for directors of a company to take loans from the business during each financial year, often to cover unexpected bills. However, you

17 June 2025

Too many sole traders are still missing out on their State Pension

How much State Pension you get depends on your National Insurance (NI) record when you reach the State Pension age. Gaps in your NI record could

17 June 2025

Identity crisis – Companies House begins to verify identities

On 8 April 2025, Companies House introduced identity verification for those who make filings on behalf of a business. It is currently a voluntary process, but

17 June 2025

How to prepare for an unexpected economic recovery

The International Monetary Fund (IMF) has upgraded the UK's 2025 GDP growth forecast to 1.2 per cent, citing a strong first-quarter performance and signs of a

17 June 2025

Increased borrowing could mean increased taxes, experts warn

Public borrowing hit £20.5 billion in April, the highest level for that month since 1993 and nearly £3 billion above forecast. Economists warn the Chancellor may

17 June 2025

Kittel VAT: How to control the uncontrollable

Receiving a Kittel VAT notice is something that many businesses dread. HM Revenue and Customs (HMRC) can demand the repayment of tax already reclaimed, and this

17 June 2025

Mandatory payrolling of Benefits in Kind delayed by HMRC

The delay to payrolling Benefits in Kind (BIK) to 2027 may seem like a cause of relief for many businesses who are concerned about the extra

13 June 2025

Verify your identity for Companies House now

Companies House have changed the way they do things which includes new requirements on identification of directors. The new changes are a result of the Economic Crime