by Gary Woosey | Jul 1, 2025 | Blog
If you run a limited company, it is important to be aware of some major changes coming to the way company accounts are filed. These changes are part of new legislation, the Economic Crime and Corporate Transparency Act (the Act), and they will affect small companies...
by Gary Woosey | Jun 24, 2025 | Blog
The latest tax data for the first months of the 2025/26 tax year shows mixed trends. Employers’ National Insurance contributions (NICs) are sharply up, rising by nearly £2 billion in a single month, while Capital Gains Tax (CGT) receipts have fallen compared to the...
by Gary Woosey | Jun 17, 2025 | Blog
For many business owners, the phrase Tax Freedom Day may sound abstract, but it is a concept that is becoming increasingly relevant. This year, Tax Freedom Day in the UK fell on 11 June, meaning that for the first 162 days of 2025, every penny earned by the average...
by Gary Woosey | Jun 10, 2025 | Blog
Since 1 April 2025, new National Minimum Wage (NMW) and National Living Wage (NLW) rates have applied across the UK, bringing substantial increases that affect employers of all sizes. While the changes are designed to benefit millions of workers, directors,...
by Gary Woosey | Jun 3, 2025 | Blog
Recent changes to Class 2 National Insurance contributions (NICs) were meant to simplify things for self-employed taxpayers. Instead, some are facing confusion, incorrect charges, and silence from HM Revenue & Customs (HMRC). The rule change that caused the...
by Gary Woosey | May 27, 2025 | Blog
There are always going to be bad actors looking to scam reputable businesses out of money and data. The new changes to Companies House and the heightened scrutiny that HM Revenue and Customs (HMRC) are placing on businesses have created a time of confusion for many....
