Artificial intelligence has moved rapidly from being a futuristic idea to an everyday business tool. For small firms, AI now offers genuine, low-cost benefits that save time, reduce stress, and improve decision-making. Many of these tools are already built into accounting, marketing, and communication systems that businesses use daily. Below are ten practical ways AI […]
There is growing speculation that the Chancellor may soon raise the basic rate of Income Tax from 20% to 22%. At the same time, it is thought that a corresponding 2% cut in employee National Insurance contributions could be introduced. Together, these changes would shift how the overall tax burden is shared, particularly between working […]
If you follow me you are probably quite on the ball with all things finance. Even if you are not then you’re probably a UK citizen of voting age. On that basis your opinion on things matters. With the budget coming up it’s reasonably to ask what people are hoping for from it. I […]
So what can we learn from the Downing Street pantomime in so far as taxes? Well first things first Starmer strongly denied authorising the briefing against his colleagues. The fact they happened means he either lied or they did it against his wishes. Neither is a good look for someone trying to portray being in […]
There is a common hesitation that many business owners and individuals experience when considering professional advice. People often look at the fee first and think of it simply as an expense. However, when advice is viewed only through the lens of cost, the real value can be overlooked. Good advice is an investment. It is […]
And what it may mean for tax planning and business decision making Rachel Reeves’ recent speech has provided a clear indication of the Government’s direction on economic management, taxation, and public investment. While the next Budget will be needed to confirm specific measures, it is already possible to see the themes that are likely to […]
So, the promise to workers was that tax would not go up. The problem is the “hole” is getting bigger and as a result money has to come in. We all know workers can earn anything from apprentice rates to seven figures but Labour seem to have decided that workers don’t earn too much. Harder/better/luckier […]
The Winter Fuel Payment is a familiar part of the support many older people receive each year. It is designed to help with heating costs over the colder months and is paid as a tax-free lump sum. However, the rules have changed in recent years, and the payment is no longer a universal benefit. It […]
1 November 2025 – Due date for Corporation Tax due for the year ended 31 January 2025. 19 November 2025 – PAYE and NIC deductions due for month ended 5 November 2024. (If you pay your tax electronically the due date is 22 November 2025.) 19 November 2025 – Filing deadline for the CIS300 monthly […]
As of April 2025, directors of close companies and self-employed taxpayers face new mandatory reporting requirements on their Self-Assessment returns. Up to 900,000 company directors and 1.2 million taxpayers carrying on a trade will be impacted by new rules that require them to provide more information when filing their 2025-26 self-assessment returns. Legislation has been […]