Latest Insights & Industry News
What can a sole trader claim as an expense? An HMRC-compliant guide
If you're a sole trader, every pound you legitimately claim as an expense reduces the profit you pay income tax and Class 4 National Insurance on. So getting your expenses right matters — both to avoid overpaying tax, and to avoid an unwelcome conversation with HMRC further down the line.
Flexible working consultation closes — what employers should expect next
The government's consultation on a new process for handling flexible working requests, Make Work Pay: improving access to flexible working, closed on 30 April 2026. Although the window to respond has now passed, the direction of travel is clear and employers should start thinking about what is coming down the track.
The new Charities SORP raises the bar — are your trustees ready?
The Charities SORP 2026 was published on 31 October 2025 and applies to accounting periods beginning on or after 1 January 2026.
New "Right to Try" legislation removes a key barrier to work for disabled people
From the end of April 2026, new legislation comes into force that should help address one of the longstanding obstacles to employment for disabled people and those with long-term health conditions.
The Loan Charge: What the 2026 Review Means for You
The loan charge has been back in the news following the publication of the McCann Review in 2025 and the government’s response alongside the Autumn Budget. A new settlement opportunity is now on the horizon for those still caught by the legislation, and it is likely to be the final chance to resolve outstanding liabilities on more favourable terms.
Late Payments: What the Government's Crackdown Means for Your Business
Late payment has been a persistent problem for UK small businesses for years. The government now says it costs the economy £11 billion annually, and it has announced what it describes as the strongest reforms to payment laws in over a generation.
Business Rates: What's Changed from April 2026
The business rates system in England underwent its most significant structural reform in years on 1 April 2026. If you run a retail, hospitality or leisure business, or occupy commercial property of any kind, it's important to understand how the changes affect your rates bill and what you should be doing now.
Are You Ready for E-Invoicing?
HMRC recently published research examining how small and medium-sized businesses across the UK currently use, and feel about, electronic invoicing. With mandatory e-invoicing for VAT invoices on the horizon, it's worth understanding what the findings mean for your business and what steps you can take now.
New Lease Accounting Rules: What Your Business Needs to Know
FRS 102 lease accounting changes are coming. Learn what this means for your business finances and how to prepare for the transition.
State Pension Amounts Are Going Up — But So Is the State Pension Age
From 6 April 2026, both the basic and new State Pensions increased by 4.8% under the government's Triple Lock guarantee.
Payroll Compliance Changes: What UK Business Owners Need to Know
Navigate upcoming UK payroll compliance changes with confidence. Essential guidance for business owners on new regulations and requirements.
New CASS 15 Safeguarding Rules: What Payment Firms Must Know
CASS 15 introduces stricter client money safeguarding rules for payment firms. Learn key changes, compliance requirements and next steps.
Starting Up in Business: A Practical Guide
So you're seriously thinking about going out on your own. Maybe you've spotted an opportunity, maybe you're tired of working for someone else, or maybe your side hustle has started earning enough that it's hard to ignore. Whatever is driving it, the fact that you're here means the idea has moved past daydream territory.
Is a Change to Income Tax Devolution in Wales on the Horizon?
The Welsh government recently commissioned an independent report looking at the future of income tax devolution in Wales — specifically, whether the current system should stay as it is or whether a move towards full devolution would make more sense.
Paying Yourself Dividends: Everything You Need to Get It Right
If you run a limited company, you already know the tax perks are one of the biggest reasons to operate this way. And for most directors, dividends are right at the heart of that.
Employers: Are You Ready for a New Tax Year?
The end of the 2025/26 tax year will soon be here, which means a few additional tasks to carry out on your payroll, if you run one.
Umbrella Company Reform Is Coming in April — Here's What Agencies and End Clients Need to Know
The way umbrella companies operate in the UK labour market is about to change significantly. From April 2026, the government is introducing the first formal regulation of umbrella companies — and with it, a new concept that will fundamentally shift where the compliance risk sits when things go wrong.
Making Tax Digital and Foster Carers — An Important Update for 2026 and Beyond
Making Tax Digital (MTD) for Income Tax is one of the most significant changes to how individuals report their income to HMRC, and with the April 2026 start date now upon us, a lot of people are trying to work out whether and how it applies to them.
HMRC Adds New Security Step to VAT Registration — Here's Why It Matters
From 19 January 2026, HMRC introduced an additional step when businesses enrol VAT services to their Business Tax Account.
How to Reduce Your Tax Bill as a Landlord — Nine Things Worth Knowing
Being a landlord has become increasingly expensive in recent years. Between mortgage rate rises, regulatory changes, and the gradual removal of mortgage interest relief, many landlords are paying more tax than they need to simply because they aren't claiming everything they're entitled to.