Making Tax Digital – Understanding the new penalty regime
With just six months to go before the first round of Making Tax Digital (MTD) for Income Tax gets rolled out, many sole traders are…
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Eight in 10 small business owners have no exit plan – Do you?
A recent survey by Capital on Tap revealed that 79 per cent of small business owners do not have an exit plan. The survey highlighted…
Big changes are coming to FRS 102 – How can you prepare?
From January 2026, FRS 102 is going to be changing in a significant way and businesses need to be ready. Any business that prepares accounts…
The dangers of non-compliance with the new Companies House ID verification
From 18 November 2025, identity verification will be mandatory for company directors, members of LLPs and Persons with Significant Control (PSCs). Companies House will not…
New shareholder dividend reporting requirements are fast approaching
The 2025/26 financial year will bring new reporting requirements for UK resident directors of close companies, who are required to file a Self-Assessment tax return….
HMRC updates the factsheet for self-review of the National Minimum Wage
With changes expected to be announced about the UK’s current National Minimum Wage (NMW) and National Living Wage (NLW) rates in the near future, HM…