Your business is busier than ever. Sales are increasing, you are taking on more work, and perhaps you have even recruited additional staff. So why doesn’t your bank balance reflect all that hard work? It’s a frustrating situation faced by many business owners. On paper, the business appears to be doing well, but in reality …
Companies House has confirmed important changes to the way company accounts will be filed from 1 April 2028. These changes were previously expected to come in from April 2027, but implementation has now been delayed by a year. This gives companies and their advisers more time to prepare. For small businesses, the biggest concern was …
Irregular income, no employer sick pay, and responsibility for your own tax bills make cash planning more important when you work for yourself. Yet many people have little to fall back on. The FCA’s 2024 Financial Lives survey found that one in ten UK adults has no cash savings, and a further 21% have less …
As the dark nights draw in, plenty of businesses are planning Christmas parties or staff celebrations. These are a great way to thank your team for their hard work and end the year on a high. Some of these events can be tax free if they meet HMRC’s criteria, while others may trigger a taxable …
If you run a limited company, you will soon notice some changes to the cost of keeping your records up to date. From 1 February 2026, Companies House is increasing several of its filing fees, including the confirmation statement fee, which will rise from £34 to £50. That may come as a surprise to business owners who …
Thinking about moving your business into a limited company? Incorporation can offer tax advantages, legal protection and a more professional image, but it also comes with upfront costs, administrative changes and potential tax traps. Below, we look at the key points to consider before making the switch. What does incorporation mean? The term incorporation usually refers to …
If you’re starting a business or reviewing how your existing business is structured, one of the biggest decisions you will face is whether to trade as a sole trader vs limited company. The structure you choose can affect your tax bill, ability to get finance, personal liability, and even how your business is perceived. In …
As part of the Government’s drive to increase corporate transparency and prevent economic crime, Companies House identity verification will soon become a legal requirement for all company directors and people with significant control (PSCs). Under the Economic Crime and Corporate Transparency Act 2023, all directors and PSCs must verify their identity with Companies House. The …
Plan Your Next Move with Confidence Mergers and acquisitions (M&A) are powerful tools for growth—but without the right strategy, they can become a minefield of financial, legal, and operational challenges. Whether you’re exploring an acquisition to scale your business or considering a merger to streamline operations, it pays to be informed before making the leap. …
The Chancellor Jeremy Hunt delivered the Autumn Statement 2023 at 12.30pm today. In his statement, the Chancellor stated that following a global crisis he has made difficult decisions to get the UK economy back on track. He advised that this was an Autumn Statement for growth and to reward hard work. A total of 110 …
