Rachel Reeves Spring Statement – A Mixed Bag of Reactions
Rachel Reeves delivered her much-anticipated Spring Statement on 26 March 2025, setting out plans to balance the books while tackling...
Spring Statement 2025
Making Tax Digital: A cautious but firm step forward The most significant administrative update was the proposed, phased extension of...
Boosting SME Exports – Government Launches Expert Trade Panel
The UK government has recently unveiled a revamped Board of Trade aimed at bolstering the export capabilities and growth of...
Charities Warned About Fraudulent Letters
The Charity Commission has recently issued a warning about fraudulent letters being sent to charities and their trustees, impersonating the...
The outlook for UK interest rates
What to Expect As we move further into 2025, the direction of UK interest rates remains a key focus for...
Supply Chain Disruptions
Many UK small businesses rely on imported goods, materials, and components. Trade disruptions-whether due to geopolitical tensions, shipping crises, pandemics,...
What will Rachel Reeves unpack in her Spring Statement
As we approach the end of March 2025, anticipation builds around Chancellor Rachel Reeves’s upcoming Spring Statement. Given the current...
Wish for the Best and Plan for the Worst
As an accountant, we’ve seen businesses thrive-and seen them struggle. One key difference between those that weather storms and those...
When is a hobby a business
Not sure if your hobby is actually a taxable trade? HMRC uses ‘badges of trade’ to assess whether an activity...
Is your extra income taxable?
HMRC has launched a new “Help for Hustlers” campaign to help people who are earning extra income, figure out if...