NEWS Catch up with the latest in accounting news

news page img c

Welcome to our news page

Catch up on the latest news in accounting here, from cutting edge bookkeeping technology to self-assessment updates.

Benefits of SEIS and EIS Advance Assurance

Benefits of SEIS and EIS Advance Assurance

Businesses seeking investment through the Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS) can benefit from obtaining advance assurance from HMRC before approaching

Official rate of interest for beneficial loans

Official rate of interest for beneficial loans

Employers providing loans to employees or directors need to ensure they correctly calculate any taxable benefit using HMRC’s official rate of interest. Where a loan is provided at no interest or at a

Incorporation Relief may reduce your CGT bill

Incorporation Relief may reduce your CGT bill

When a sole trader or partnership transfers a business to a limited company, a chargeable gain may arise. This is usually calculated by comparing the market value of the business assets at the date of

HMRC penalties for failing to notify a tax liability

HMRC penalties for failing to notify a tax liability

If you become liable to pay a tax or register for a tax that HMRC has not already been informed about, you must notify HMRC within the relevant time limit. Failing to do so can result in a financial

Tax relief on pension contributions for employees

Tax relief on pension contributions for employees

Receiving tax relief on pension contributions into a workplace pension is a great way to help prepare for retirement. In addition, contributions from your employer can make the pension savings even

Why successful businesses prepare before conditions improve

Why successful businesses prepare before conditions improve

Economic uncertainty has affected the confidence of many small business owners. Rising costs, changing customer demand and pressure on cash flow have led some businesses to postpone investment until

Could better digital skills transform your business?

Could better digital skills transform your business?

Technology is changing the way businesses operate, and the pace of change is only increasing. While large organisations often have dedicated IT departments, many small businesses still rely on

Tax Diary September/October 2026

Tax Diary September/October

1 September 2026 – Due date for corporation tax due for the year ended 30 November 2025.

19 September 2026 – PAYE and NIC deductions due for month ended 5 September 2026. (If you pay your tax

Amending a mistake on your tax return

Amending a mistake on your tax return

What happens if you discover a mistake on your tax return? The good news is that errors can usually be corrected, but it is important to take action as soon as possible to avoid paying the wrong

Tax breaks for company bikes

Tax breaks for company bikes

Employers can usually provide bicycles and cycling equipment to employees as a tax-free benefit. The Cycle to Work scheme can help employees save tax and National Insurance on the cost of providing

LET’S GET STARTED!

"We pride ourselves on our exceptional customer service, our proactive approach and our clever use of technology"