HMRC Mileage Rate Increase: What Employees and Sole Traders Need to Know
HMRC increased the mileage rate to 55p per mile from 6 April 2026, backdated meaning many people are owed top‑up payments. After 15 years of
Companies House Reforms Coming in April 2028: Profit and Loss Filing and Full Digitalisation
From April 2028, small and micro companies must file profit & loss accounts and all companies must use commercial software. Companies House has announced major
Making Tax Digital for Income Tax Goes Live: What Landlords and Sole Traders Must Do
MTD for Income Tax became mandatory on 6 April 2026 for those earning over £50,000. After years of delays, HMRC has finally launched Making Tax
Closure of the HMRC–Companies House Joint Filing Service: What It Means for Small Businesses
The long‑standing joint filing service ended in April 2026, requiring companies to submit accounts and tax returns separately. For nearly two decades, UK companies enjoyed
Director’s Responsibilities: What Every Limited Company Director Must Know
Key takeaway: Being a director carries legal duties and failing to meet them can lead to penalties or disqualification. Full Blog Draft Many new business
VAT Registration: When You must Register and When It is Worth doing Voluntarily
Key takeaway: VAT is not just for big businesses many small businesses benefit from registering early. Full Blog Draft VAT can feel intimidating, but understanding
What Records You Must Keep for HMRC and How Long to Keep Them
Key takeaway: Good record keeping is not optional, it is a legal requirement, and it protects you during HMRC checks. Full Blog Draft Whether you’re
Limited Company vs Sole Trader: Which Structure Is Right for You?
Key takeaway: Your business structure affects tax, liability, credibility, and long‑term growth so choosing wisely is essential. Full Blog Draft One of the biggest decisions
Understanding Allowable Business Expenses: A Simple Guide for Small Businesses
Key takeaway: Knowing what you can and cannot claim as an allowable expense can significantly reduce your tax bill and keep your accounts clean. Full