One of Weybridge’s leading accountancy firms, MGI Midgley Snelling LLP, has voiced concern after Chancellor Rachel Reeves delivered a Spring Statement that included no direct support for businesses and made only limited reference to the potential economic impact of escalating global conflict. The Office for Budget Responsibility (OBR) forecast suggests modest growth in the years […]
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One of Surrey’s leading independent accountancy firms, MGI Midgley Snelling LLP, has promoted Steve Baxter to Associate Partner as part of its ongoing investment in the future growth of its leadership team. Steve has been an integral part of the firm for many years, playing a key role in supporting both partners and clients, while […]
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Since November 2025, it has been necessary for directors and People with Significant Control (PSCs) to verify their identity to file with Companies House. This applies to new company directors and PSCs making their first filings, as well as existing ones preparing for their annual filings. We have a blog post on our website that […]
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Energy bills, staffing, borrowing costs, taxes and supplier expenses are just a few of the reasons behind the added financial pressure business owners are currently facing. As we get closer to the new tax year, it is the ideal time to review your business plans and check that your pricing strategy remains fit for purpose. […]
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Recent media coverage has publicised the possibility of a new tax on people who leave the UK, calling it an “exit tax”. This type of regime already exists in several countries, including France, Spain, Canada and Australia, and is now being discussed as a possible option for the UK Government to raise revenue. What is […]
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Small businesses have been given a reprieve, after Companies House confirmed that its plans to require the filing of profit and loss accounts from April 2027 are on hold. A new update to official guidance confirms that the change will not go ahead on that date, with the reforms currently under review. Companies House has […]
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As the deadline for Self Assessment passes, new data from HMRC shows that taxpayers paid a staggering £325 million in fines and interest last year after failing to meet the 31 January deadline. Recent analysis of HMRC’s publicly available statistics found that around 600,000 individuals were hit with penalties for filing or paying late, which […]
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Companies House fees have increased from 1 February 2026, affecting both the cost of incorporation of new limited companies and many ongoing reporting requirements. Many of the fees have increased substantially and it is important that you factor in these additional fees. For example, the fee for incorporating a limited company is increasing as follows: […]
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The Autumn Budget 2025 has brought more changes to business rates and many businesses and property owners could be at risk of higher bills. Businesses must know if they are affected and seek the right support so they can prepare for any unexpected pressure on their cash flow. Is the business rates multiplier being reduced? […]
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