This week the Chancellor of the Exchequer Rachel Reeves delivered the Spring Statement, providing an update on the government's economic plans and the latest forecasts from the Office for Budget Responsibility (OBR). Here’s our summary on the statement.

HMRC have extended the deadline to 5 April 2025 to top up NI contributions for the years from 2006 to 2016, so act now if you want to catch up and maximise your state pension entitlement.

On 30 October 2024, the new Chancellor Rachel Reeves gave us Labour’s Budget 14 years on since their last one, announcing major changes and shake ups to the UK tax system. Here we summarise the significant changes that are likely to create the most impact.

When it comes to accounting in today's digital age, it can be difficult to embrace digital transformation and effectively use technology to streamline and enhance the accounting process. Here are some key benefits and strategies for successfully implementing digital transformation in accounting.

Following the changes announced at the Spring Budget in March 2024, we highlight what changes you can expect on your Furnished Holiday Let next year.

On 6 March 2024, the Chancellor shared his Spring Budget, announcing various tax measures and changes, with an emphasis on encouraging more people to work with less deduction. Here we summarise the significant changes that are likely to impact our clients most.

On 22 November 2023, the Chancellor made his Autumn Statement, which included numerous measures which he says will “increase growth and reduce inflation and debt” and here we focus on the most significant ones that will impact our clients.

The 2023/24 tax year brought about several noteworthy updates that individuals and businesses alike should be aware of.

Did you know that if your earnings are between £100k to £125k you may be subject to an unofficial effective rate of income tax of 60%?

HMRC are introducing new penalty and interest systems surrounding the submission and payment of VAT returns so make sure you file yours on time.