The value of an overhead audit
Many businesses regard their overheads as fixed, predictable, and largely outside their control. In reality...
Avoid over-stocking
Accountants often see the impact that excess stock has on a business long before the...
Who pays Income Tax in Scotland
The rules that govern who pays Income Tax in Scotland is determined by whether an...
Defer paying Class 1 National Insurance on a second job
Employees with a second job, third job or more may be able to defer or...
Work out your VAT fuel scale charge
VAT road fuel scale charges are fixed, standardised amounts that businesses must use to account...
Less than 1 month to self-assessment filing deadline
There are now less than 2 months to the self-assessment filing deadline for submissions of...
Update from HMRC on MTD testing
HMRC has published a new Making Tax Digital newsletter. This newsletter is mainly intended for...
Increase in savings guarantee for bank deposits
The Financial Services Compensation Scheme (FSCS) has raised its savings guarantee for bank deposits, increasing...
When disciplinary processes and non-compete clauses implode
Many modern companies insist on the inclusion of restrictive covenants to limit the freedoms of...
The likely direction of interest rates in 2026
As we look ahead to 2026, there is growing speculation about how the Bank of...
Outlook For Food And Energy Prices In The Year Ahead
Food and energy costs remain central concerns for households and businesses because they influence everything...
Autumn Budget 2025 – High Value Council Tax Surcharge
Starting in 2028-29, the government will introduce a High Value Council Tax Surcharge (HVCTS) for...
Autumn Budget 2025 – Fuel Duty rates
In the Autumn Budget, the Chancellor had been expected to increase fuel duty rates. However...
Autumn Budget 2025 – Alcohol and Tobacco Duty
The Chancellor has confirmed a series of duty increases on tobacco, vaping liquid, and alcohol...
Autumn Budget 2025 – Pension changes
The Chancellor has kept the main pension allowances unchanged but has confirmed a new cap...
Autumn Budget 2025 – Minimum Wage increases
The Chancellor of the Exchequer, Rachel Reeves announced increases to the Minimum Wage rates on...
Autumn Budget 2025 – Personal Tax changes
The chancellor Rachel Reeves announced as part of the Autumn Budget measures that the Income...
Budget Summary 26 November 2025
The degree of speculation about this year’s Budget announcements was further compounded when the Office...
How a business grows financially by retaining profits
Many business owners focus on sales as the main driver of growth. Sales matter, but...
The link between planning and progress
Most business owners know that progress matters, but many still hesitate when it comes to...
Claim flat rate expenses for work clothing and tools
If you use your own money to buy items for work, you may be eligible...
National Insurance credits and Child Benefit
Claiming Child Benefit can provide an important benefit by granting National Insurance credits.
If you claim...
Taxable & tax-free state benefits
While there are many state benefits available, it is not always clear which of these...
What is a demerger?
A demerger involves splitting the trading activities of a single company or group into two...
