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What Was Announced During the Autumn Budget 2025?

With so much pre-Budget speculation, we were expecting a long wait for the detail - but events moved faster than anyone anticipated. In an unprecedented slip, the Office for Budget Responsibility (OBR) accidentally published its Economic and Fiscal Outlook around an hour before the Chancellor, Rachel Reeves, delivered her Budget speech. [...]

2025-11-27T09:26:42+00:0026 November 2025|

Understanding VAT When Running a Business: A Complete Guide

VAT (Value Added Tax) is a crucial part of running a business in the UK, and impacts pricing, purchasing and cash flow. It’s a tax collected and submitted to HMRC on goods and services. By understanding what VAT is, the rules surrounding it, the registration thresholds and available schemes, [...]

2025-11-21T10:56:28+00:0018 November 2025|

ID Verification at Companies House – what you need to know

From November 18th, 2025, Companies House will be enforcing mandatory identity verification for all Limited Company directors, Persons with Significant Control (PSCs), and anyone who files on behalf of the company. This change, under the Economic Crime and Corporate Transparency Act 2023, will mark a major shift in the way [...]

2025-08-20T14:48:51+01:0020 August 2025|

Common accounting and bookkeeping mistakes to avoid

Avoid costly accounting and bookkeeping mistakes with this practical blog for small businesses. Learn the most common errors — from mixing personal and business finances, poor record-keeping, and falling behind on bookkeeping, to miscategorising transactions, ignoring VAT rules, and forgetting to track expenses. Discover expert tips on how to stay [...]

2025-08-13T10:18:20+01:0013 August 2025|

What business expenses are allowable for Corporation Tax purposes?

Running a Limited Company comes with many financial responsibilities, and understanding which business expenses are allowable for Corporation Tax is one of the smartest ways to reduce your tax bill legally. Allowable expenses are costs incurred wholly and exclusively for running your business, from staff salaries, office rent, and equipment [...]

2025-08-13T10:01:12+01:0013 August 2025|

What do my Limited Company’s Annual Accounts show me?

Discover what your Limited Company’s annual (statutory) accounts reveal about your business’s financial health. This blog explains the balance sheet, profit and loss statement, and notes — showing how to assess assets, liabilities, profit, tax, and stability to make informed growth decisions. What are Annual Accounts? Your company’s annual accounts [...]

2025-08-13T09:59:37+01:0013 August 2025|

Understanding tax codes – a guide for business owners

Tax codes – the basics  Tax codes can seem confusing, especially if you’ve never managed your business’ accounts before or are new to running your business. But whilst they can be tricky to get you head around, they’re vital for running your business and payroll compliantly and efficiently. So, whether [...]

2025-05-19T16:39:46+01:0019 May 2025|

The importance of writing a business plan

When you’re first starting out running your business you’ll no doubt be eager to dive-in, get your name out there and start building your client base. Whilst these things can sometimes seem to be the most exciting part, there are some fundamental ‘housekeeping’ tasks that you should do before you [...]

2025-05-19T16:29:20+01:0019 May 2025|
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