What your business needs to know about April’s changes to company size classifications
From April 2025, the way UK businesses are categorised is set to change, impacting financial reporting, audit requirements, and compliance obligations.
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Fur and finance – Tax compliance in animal sales
If breeding and selling animals has turned into a source of income for you, you need to make sure your earnings are declared correctly to HM Revenue & Customs (HMRC)….
Optimising your credit control policies to deal with chronic late payers
Despite repeated calls for reform, the Government has shown little support for tackling chronic late payments, leaving businesses to fend for themselves. One effective solution is to tighten your credit…
Budgeting for the unknown – Contingency strategies and tips for businesses
No matter how well-prepared you may think you are, things will not always go to plan. It could be a sudden shift in the market, supply chain disruptions, unexpected repairs…
How to capitalise on the Government’s AI push
In January, the Government unveiled its Artificial Intelligence (AI) Opportunities Plan, outlining how the UK hopes to shape the AI trajectory by driving economic growth, enhancing public services, and creating…
Received a ‘One to Many’ letter recently?
HM Revenue & Customs (HMRC) has recently issued One to Many (OTM) letters to private equity businesses and estate agents. These letters can be sent to any business and usually…