Finance News

It’s not often we get to open this column with genuinely good news from the taxman, so let’s make the most of it. This month, two developments worth knowing about: a temporary VAT cut that could make the school holidays a little cheaper for families (and busier for local attractions), and a proposal from HMRC that could change how every employer and VAT-registered business in the country pays its tax. Read More

If you run a small limited company, you may have grown accustomed to a degree of financial privacy. For years, the rules have allowed smaller businesses to file what are known as ‘filleted’ accounts, essentially a stripped-back version of your annual figures, typically just a balance sheet, with no requirement to disclose how much your business earned or spent. For many owners, that privacy has felt like one of the few quiet perks of running a small company. Read More

From April 2025 onwards, company directors completing a self-assessment tax return will notice some important new reporting requirements. Read More

Managing payments is something every business deals with daily, yet it is often taken for granted until a problem arises. With so much of it now handled digitally, making sure your systems are secure is more important than ever. Read More