Be Ready for 2026 The Valuation Office Agency (VOA) is encouraging businesses to sign up for a business rates valuation account so they can find out their new commercial property valuation. Every three years the VOA updates the rateable values of all business properties in England and Wales. The next…
The government has launched its Small Business Plan which it believes will help small businesses to grow and encourage entrepreneurs to start businesses. The plan recognises that small businesses make a vital contribution to the economy, employing 60% of the UKās workforce and generating Ā£2.8 trillion in turnover. Here is…
New Government Reforms Aim to Revive High Streets with Easier Rules for CafĆ©s, Bars and Venues New government reforms will make it quicker and cheaper for small businesses to turn empty shops into cafĆ©s, bars and music venues, as part of a wider push to bring life back to high…
Google is launching a new AI-powered search feature that could change how people find information online – and how they find your business. The update, known as ‘AI Mode’, offers users a conversational-style summary instead of the familiar list of blue links. It will be optional for users, but this…
I AM A āWORKING PERSONā The Labour government has said it remains committed to providing security, higher levels of disposable income and higher living standards to working people. You will see below that the taxes you will pay on your income in 2025/26 remain, in the main, at 2024/25 levels.…
Making Tax Digital for Income Tax regime extended to smaller businesses The Spring Statement announced that Making Tax Digital for Income Tax (MTD for IT) regime will be further extended to smaller businesses. Read on to see how and when your business might be affected. What is MTD for IT?…
In this edition we look ahead to Making Tax Digital for Income Tax, Capital Gains Tax, Loan Charge Review, Digital Sales Platforms, ATED, and upcoming dates on the accounting horizon ā which include the date for the next Bank of England interest rate decision and the Chancellorās Spring Forecast. MAKING…
We begin Advent with our December Tax Update. In this edition we take a look at Inheritance Tax on two fronts, State Pension entitlement, paying employees early before Christmas, employee Christmas gifts and parties, fuel rates for company cars and upcoming dates on the accounting horizon. FARMERS CAMPAIGNING FOR AGRICULTURAL…
Ā£63 billion in new UK investments set to create 38,000 jobs At the International Investment Summit, the UK government announced nearly Ā£63 billion in new investments, which are expected to create 38,000 jobs. These investments, which span various sectors, are projected to fuel growth across the country. While these investments…