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Macalvins > Latest news and blog > SME's

SME’s

Making Tax Digital for Income Tax is nearly here – Are you ready for what comes next?

Posted on 22 May 202522 May 2025

A big change is coming for anyone earning income through self-employment or rental property. From April 2026, if your earnings exceed £50,000, you will be required to comply with the…

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Interest rate cut – What does it mean for your business?

Posted on 13 May 202514 May 2025

The Bank of England has dropped its base rate again, now sitting at 4.25 per cent.

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Is your foreign income on HMRC’s radar? Here is how to take control before they do

Posted on 1 May 202514 May 2025

If you have income or assets held abroad that have not been declared to HM Revenue & Customs (HMRC), you may face tax liabilities in the UK.

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Free HMRC Company Tax Return portal to shut – What businesses must do before March 2026

Posted on 24 April 202514 May 2025

HM Revenue & Customs (HMRC) has confirmed it will permanently close its free online filing service for Company Tax Returns and accounts from 31 March 2026.

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Missed a tax deadline? Here’s what it might cost you

Posted on 22 April 202514 May 2025

Tax deadlines can sneak up on even the most organised business owners, but if you are late filing or paying, the resulting penalties handed out by HM Revenue & Customs…

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Why BADR is prompting business owners to rethink the timing of MBOs

Posted on 10 April 202515 April 2025

There’s been a quiet but noticeable increase in interest around management buyouts (MBOs) in recent months.

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