The rise of interest rates in the UK and its effects
Why have the interest rates gone up? On Thursday 23, March 2023, The Bank of England raised the interest rate (Bank Rate) by 0.25...
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- Mar 20
Let's talk Budget-2023
Since the UK has two chancellors come and go, this is the first budget in 18 months and has been the most anticipated one in these times...
- Mar 15
Tax Brackets - what are they all about?
It is essential to understand the different UK Tax Brackets and Personal Allowances and UK Tax Rates to enhance your financial planning.
- Jan 13
VAT Penalty points - what is changing in 2023
From 1 January 2023, you’ll get penalty points if you submit a VAT Return late (including nil payment returns).
- Nov 26, 2022
Autumn Statement at a glance
The UK's third fiscal event of the year, the Chanchellor, Jeremy Hunt, has presented his Autumn Statement 2022
- Oct 25, 2022
Mortgage affordability 'could be worse than pre-2008'
Up to four in ten UK mortgaged households may struggle to stay current on their house over the next year
- Oct 13, 2022
Government needs to "balance books" with cuts
Kwasi Kwarteng will need to find £60bn of savings by 2026 to fill the gap left by unfunded tax cuts
- Sep 1, 2022
One month left for importers to move to a single customs platform
Only a few weeks remain for businesses importing products to switch over to the UK's new simplified customs system. From October 1 of...
- Aug 31, 2022
Financial Year 2022-23: Important Dates to remember
Important dates to remember for accountants, business owners and if you are self -employed
- Aug 26, 2022
How to manage your accounts as a small business
Everything you need to know about setting up your finances in the beginning phases of your firm. Creating a business is an exciting new...
- Aug 25, 2022
Energy firms refusing to supply small UK businesses over bankruptcy fears
Business owners and industry professionals have informed the Guardian that major energy companies are refusing to service small...
- Aug 24, 2022
Minimum wage should rise to £15 for all workers, says TUC
The Trades Union Congress (TUC) believes that the minimum wage in the UK should increase to £15 an hour "as quickly as feasible." It was...
- Aug 24, 2022
Business Impact of Interest Rates in 2022
How interest rates are affecting businesses in 2022 Interest rates Interest rates are the fees a borrower is charged for taking out a loan.
- Aug 23, 2022
HMRC doubles payout time for R&D tax relief
As a means of combating what it perceives as an increase in fraud, Taxman doubles the amount of time smaller businesses must wait before...
- Aug 23, 2022
What exactly do clients need from an accountant?
Accountants are capable of giving their clients much more than just the fundamentals
- Aug 20, 2022
Inflation fuels 63% hike in UK debt costs as borrowing exceeds forecasts
Soaring inflation has seen interest payments on government debt leap by 63% over the past year, official data reveals
- Aug 19, 2022
Why you should file Self Assessment tax returns early
Should you file your Self Assessment tax return early? We certainly think so, and we've listed some of the best reasons to do so
- Aug 5, 2022
Bank of England raise interest rates and predicts UK recession
The Bank of England Monetary Policy Committee voted on 4 August 2022 to increase interest rates to 1.75%
- Jul 28, 2022
Recovery Loan Scheme extended
The Recovery Loan Scheme supports access to finance for UK Businesses recovering from the pandemic disruptions
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