HMRC collected nearly £1 trillion in tax – Where does this leave UK businesses?
Tax bills are the necessary cost of doing business in the UK and they have resulted in a record windfall for HMRC.
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Grant funding: An often-overlooked source of capital for UK businesses
When business owners consider raising capital for growth, the conversation typically centres on two familiar options – bank lending and outside investment.
Macalvins Group makes Accountancy Daily’s Top 75 Firms Survey 2026
We are proud to announce our inclusion in the respected Accountancy Daily Top 75 Accountancy Firms Survey 2026. The annual survey, compiled by Business & Accountancy Daily, recognises the leading accountancy firms across…
Close companies face additional reporting requirements
Further administrative changes are on the cards for close companies, as the Government seeks to gain a better understanding of previously difficult-to-distinguish transactions. Close companies – those companies controlled by five…
Making Tax Digital for Income Tax is now live – What next?
For landlords and sole traders bringing in qualifying annual income over £50,000 (not including profit or dividends), Making Tax Digital (MTD) for Income Tax is now mandatory. For income to…
The dividend rules are changing – Disclosure rules on tax returns and new rates
From the end of the 2025/26 tax year, 5 April 2026, you must report your dividend income accurately as part of wider personal tax reforms. Directors of close companies must…