With significant changes to the Furnished Holiday Let (FHL) regime coming into effect in April 2025, owners of holiday rental properties face crucial decisions about their tax position and business structure. What are the key upcoming changes to FHL? The favourable tax ...
READ MOREFrom 6 April 2025, the Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations 2024 will introduce higher company size thresholds, reducing compliance burdens for thousands of UK businesses. The changes will affect financial reporting requirements, statutory audit obligations, and Directors’ ...
READ MOREFrom 27 January 2025, Companies House has introduced new measures allowing directors to remove their residential addresses from historical filings if they were previously used as a company’s registered office. These changes stem from the Economic Crime and Corporate Transparency Act ...
READ MOREIt is National Apprenticeship Week, which means there is no better time to talk about the benefits of starting your career with an accountancy apprenticeship. If you are thinking about a future in finance, an apprenticeship at an accountancy firm could ...
READ MOREIf you are hoping to maximise your State Pension, you only have two months left to take action before a key deadline on 5 April 2025. After this date, a significant change will come into effect, limiting how far back you ...
READ MOREFor business owners thinking about succession, finding the right exit strategy can be a challenge. Selling to a competitor might mean job losses, while a management buyout (MBO) is not always financially feasible. However, another option available is the use of Employee ...
READ MOREWe are getting ever closer to the 2025/26 tax year, when changes to payroll regulations announced last year will come into effect. Employers need to stay informed and adjust their payroll systems accordingly to ensure compliance. New National Minimum Wage rates Effective from ...
READ MOREFor many, National Insurance (NI) contributions might seem like it is working away in the background, quietly building up a record throughout your working life. However, even if you have worked consistently, gaps in your NI record can still arise, sometimes ...
READ MOREInheritance Tax (IHT) receipts are climbing, with the first three quarters of the 2024/25 financial year bringing in £6.3 billion – an 11 per cent increase compared to £5.7 billion during the same period last year. December receipts alone hit £620 ...
READ MOREThe upcoming rise in the National Minimum Wage to £12.21 per hour from April has prompted fresh challenges for businesses, especially when managing graduate employees in non-graduate roles. While the increase boosts take-home pay, it also introduces an overlooked financial consideration ...
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