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Stay up to date with the latest UK business and tax news with expert insights on budgets, HMRC updates, and accounting changes for company directors.


October 30, 2024
How Does The Autumn Budget Effect You?

Today saw the first Budget from a Labour Government in 14 years and the first delivered by a female Chancellor. Chancellor, Rachel Reeves has pledged “more pounds in people’s pockets” and improved living standards. The aim of her budget is to drive economic growth through investment. But what does all this mean to you? Income...

April 11, 2024
What to do about un-declared rental income

If you’re earning £1k or more in property rental income, you should be reporting this to HMRC via an annual self-assessment tax return. For some becoming a landlord is accidental, so you are unaware of the rules. For other’s a busy life takes over and you might have missed the deadline for filing. However, you...

March 13, 2024
Are training courses tax deductible?

Up until now, expenditure incurred by the owner of a business on training courses for themselves has not necessarily been tax deductible. HMRC’s approach has been to deny any tax relief for expenditure on a training course which provides new expertise or knowledge, rather than being a refresher or an update. HMRC saw the costs...

March 6, 2024
Can my business pay for my garden office ?

Can my business pay for my garden office or workspace? Garden Offices and workspaces have grown in popularity since the Covid Pandemic forced many people to work from home. Many businesses have chosen to relocate from commercial rented spaces and for some the ability to set up from home has given them the opportunity to...