Tax Saving Accountants

What’s Changing This Tax Year? Key Updates SMEs Need to Know for 2025/26

With the new tax year beginning on 6th April, there are a few important changes that small business owners and self-employed professionals should be aware of. Staying informed helps you plan better and take advantage of any new opportunities – or mitigate risks. Here’s a closer look at the updates for 2025/26. National Insurance Cuts […]

Tax Saving Accountants

Last-Minute Tax Year Checklist: What Every Small Business Needs to Do Before April 5th

As we approach the end of the tax year, it’s the perfect time for small business owners and sole traders to tie up any loose ends and make sure everything is in order before 5th April. Leaving things to the last minute can be stressful, but with a focused approach, it doesn’t have to be. […]

2025
Tax Saving Accountants

2025 Accounting Trends: What to Expect This Year

It doesn’t matter which industry you’re in right now, an awful lot is changing. Putting the wider political and economic landscape aside, there’s a lot going on in the world of accounting and finance that could change the way we work forever, delivering greater flexibility, improved efficiency and smoother collaboration between businesses and departments. We’re […]

Tax Saving Accountants

Our Guide to Paying CIS Tax

Paying Construction Industry Scheme (CIS) tax is a key responsibility for contractors and subcontractors within the construction industry. The Construction Industry Scheme was introduced by HMRC to ensure that tax is deducted at source from payments made to subcontractors. This system reduces the risk of tax evasion and ensures that the correct amount of tax […]

Could Outsourcing Payroll Benefit You?
Tax Saving Accountants

Could Outsourcing Payroll Benefit You?

Managing payroll can be a time-consuming and complex task, especially for self-employed individuals, sole traders and finance managers. From calculating wages to keeping up with ever-changing regulations, payroll responsibilities often distract business owners from focusing on growth. If this sounds familiar, it might be time to consider outsourcing payroll. But is it the right choice […]

Tax Saving Accountants

VAT Guide for Catering – Cafes, Restaurants, and Takeaways

Navigating VAT in the catering world isn’t always a piece of cake, though it would be great if it were. The rules around VAT can vary widely depending on whether you’re running a village café, a bustling restaurant or a lively takeaway. In this VAT Guide for catering, we’ll explore how VAT affects food and […]

small business
Tax Saving Accountants

What Are the Basic Accounting Needs For a Small Business?

When you first set up your new business, you’ll have a lot on your mind. How to offer a better service than your competitors, for instance. How to market your business and make sure it gets noticed. But amidst all the excitement of establishing and promoting your new company, there are all kinds of behind-the-scenes […]

worker tax return form
Tax Saving Accountants

Get to Know Your Worker PAYE Forms: P45, P60 & P11D

Running a business involves many moving parts, and when it comes to paying your staff, it’s not just about the wage packets. Every employer needs to get to grips with a few essential PAYE forms that make tax and employee documentation a breeze—or at least more manageable. Three of the key forms you’ll encounter are […]

Tax Saving Accountants

Building Good VAT Habits

Value Added Tax (VAT) is a haunting figure for many businesses throughout the year. No one loves doing their tax return and there is a tendency to put off key admin tasks until the last minute. But equally, no one wants a nasty surprise when it is time to file your tax return. By building […]

Garden Office
Tax Saving Accountants

Can My Business Pay for an Office in My Garden?

Increasingly, workers and business owners are enjoying work away from the office. 14% of the UK are working from home in 2024, and many report that this arrangement not only boosts their work-life balance and well-being but also allows them to complete tasks quicker and with fewer distractions than in a traditional office setting. But […]

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