A reminder for our clients/contacts with teenagers: Child Benefit does not automatically continue once a child reaches 16. What’s changing? Child Benefit will automatically stop on 31 August following a child’s 16th birthday unless HM Revenue & Customs (HMRC) is notified that the young person is continuing in approved education or training started before their 19th birthday. What do I need to do? HMRC typically contacts parents between April and July, but it is important not

The approved mileage rate for cars and vans has been increased from 45p to 55p per mile for the first 10,000 business miles each tax year. These rates apply only for using your own vehicle. Employees using company cars for business travel are subject to HMRC's separate Advisory Fuel Rates. The increase has been backdated to 6 April 2026. What are the New Mileage Rates? Rate Before Now Cars & Vans (first 10,000 miles) 45p 55p Cars & Vans (over 10,000 miles) 25p 25p Passenger R

Electric vehicles (EVs) are becoming an increasingly practical and strategic choice for businesses. Beyond environmental benefits, they offer compelling financial, operational, and reputational advantages. Lower Running Costs Electric cars are significantly cheaper to run than petrol or diesel vehicles. Electricity costs per mile are typically lower than fuel, and EVs have fewer moving parts - meaning reduced maintenance, servicing, and downtime. For businesses with fleet

HMRC has revealed the ‘Top 10 oddest excuses’ for sending in a late return. And, although we're certain that none of these would ever come from our clients, we thought these excuses might offer a bit of entertainment! My pet goldfish died (self-employed builder) I had a run-in with a cow (Midlands farmer) After seeing a volcanic eruption on the news, I couldn’t concentrate on anything else (London woman) My wife won’t give me my mail (self-employed trader) My husband told me

Clearing out your wardrobe or selling handmade items online can be a great way to earn extra cash, but did you know HMRC is now receiving more seller data from platforms like Vinted, eBay and Etsy? This makes it even more important to understand your tax responsibilities. Key points for online sellers: If you’re just selling personal items you no longer need, and you aren’t buying to resell for profit, you normally won’t owe tax. There’s a £1,000 trading allowance. If your to

Rachel Reeves delivered her Autumn Budget yesterday, Wednesday 26th November. The headline was that the government aren’t raising tax rates (unless your income comes from property or investments) - they’re just freezing tax thresholds. This is the fiscal equivalent of leaving the loaf of bread untouched, whilst quietly shrinking the kitchen... Please click here to read our newsletter, which summarises the key points.

Artificial intelligence (AI) is everywhere right now. From chatbots to smart forecasting tools, technology is transforming the way...

Cash flow is often called the lifeblood of any business - and for good reason. Without enough cash on hand, even a profitable business...

Self-employed individuals and small business owners across the UK can apply for a £10,000 cash prize through a competition led by the...

Sustainability isn’t just for big corporations with ESG departments. Businesses of all sizes - whether you’re a sole trader or a growing...

Here's a list of key UK tax dates and deadlines for the upcoming month. Please don't hesitate to contact us if you have any questions...

Innovate UK Growth Catalyst for late-stage start-ups Innovate UK is piloting a new programme called Growth Catalyst. It seeks to...

Here's a list of key UK tax dates and deadlines for the upcoming month. Please don't hesitate to contact us if you have any questions...

Here's a list of key UK tax dates and deadlines for the upcoming month. Please don't hesitate to contact us if you have any questions...

Rachel Reeves delivered her Spring Statement on Wednesday 26th March. The statement is not a formal budget - as Labour pledged to only...

Kath Lord-Green of Voice It Podcast Agency - receiving the award for Social Media Champion We were thrilled to sponsor the Social Media...

It has been announced that callers to HMRC will be able to use their voice as a password in a bid to speed up calls. They have been...

Here's a list of key UK tax dates and deadlines for the upcoming month. Please don't hesitate to contact us if you have any questions...

Here's a list of key UK tax dates and deadlines for the upcoming month. Please don't hesitate to contact us if you have any questions...

The Economic Crime and Corporate Transparency Act (2023) (‘The Act’) will reform the role of Companies House and improve transparency...