After months of uncertainty, Companies House has set the identity-verification deadline as 18 November 2025. From that date, all new company directors and People with Significant Control (PSCs) must verify their identity. Existing directors and PSCs will then have 12 months to complete verification, which means 18 November 2026 is the true identity verification deadline. […]

HM Revenue and Customs (HMRC) has confirmed it uses AI to scan social media posts as part of criminal investigations into suspected tax and benefits fraud. That means, if you are posting content that could be viewed as advocating for, admitting to, or describing tax avoidance, you could find yourself at the centre of legal […]

The Treasury is reportedly revisiting Inheritance Tax (IHT) as ministers hunt for extra revenue. While the Chancellor considers several options, IHT reforms remain a likely avenue, and now may be a good time to restructure your assets to avoid a larger IHT bill. How could Inheritance Tax change? No decisions have been finalised, but several […]

With UK growth slowing to just 0.3 per cent in Q2, business confidence is fragile. Momentum has faded after a surge in exports ahead of new tariffs earlier this year, while weaker consumer confidence and persistently high household savings add to the uncertainty. The upcoming Autumn Budget is amplifying concerns with the expectation that the […]

When the Chancellor unveiled £26 billion in additional taxes and higher employer National Insurance contributions (NIC) last autumn, the impact on business confidence was immediate. Businesses are now trying to manage: The new adult National Minimum Wage rate, which has risen to £12.21. A 1.2 per cent rise in employer NIC. Statutory pay increases and […]

If you are already a client of the Firm, while you will have received various notices about these changes already, we will be contacting you shortly about your specific situation and options in relation to MTD for Income Tax. The Government’s Making Tax Digital (MTD) for Income Tax is now only a matter of months […]

The Government’s plan for small businesses, also known as The Backing Your Business Plan, is being introduced to support SMEs growth and development. The plan has been created to give businesses the ability to grow and help them realise their maximum potential. Increased access to financial support The UK has one of the lowest levels […]

In today’s interconnected world, cyber‑risk has gone from a simple technical concern to an existential threat for businesses. Every business should be preparing itself to defend against cyber criminals, but the number of those doing so is worryingly low. We consider the current state of cybersecurity and what more needs to be done to protect […]

Many business owners assume artificial intelligence (AI) is only relevant for large corporations. However, modern tools are already helping smaller firms reduce costs in subtle but powerful ways. Better supplier pricing Software can now track pricing trends across your industry, flagging when you are paying more than the market average. For example, a commercial printer […]

For a long time, pensions have offered a tax-efficient way to pass on wealth to the next generation. Under current rules, most defined-contribution pensions sit outside your estate for Inheritance Tax (IHT) purposes. This can mean they are passed on entirely free from IHT, particularly if death occurs before age 75. What changes are coming […]