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Still recording your accounts on spreadsheets?

Still recording your accounts on spreadsheets?

For small and medium-sized enterprises (SMEs), adopting accounting software offers a range of practical benefits that help streamline financial management, reduce errors, and improve decision-making. Here are the key advantages: Time-Saving Automation Accounting...
Landmark economic deal with United States

Landmark economic deal with United States

On 8 May 2025, the UK government announced a landmark trade agreement with the United States, aimed at reducing tariffs and bolstering key British industries. This deal is projected to save thousands of jobs, particularly in the automotive and steel sectors, and marks...
Electronic invoicing consultation

Electronic invoicing consultation

The government wants your say on e-invoicing. Quicker payments, fewer errors, and better VAT reporting are on the table. A 12-week consultation could shape the future. HMRC and the Department for Business and Trade (DBT) jointly launched a 12-week consultation earlier...
Changes to VAT on donations to charities

Changes to VAT on donations to charities

The government is consulting on new VAT relief for goods donated to charities for free use. Could this fix an unfair gap in current rules? Have your say by 21 July 2025. A new joint consultation from HM Treasury and HMRC, titled “VAT Treatment of Business...
Income reporting threshold increased

Income reporting threshold increased

The £3,000 reporting threshold for trading, property, and other income will simplify tax returns—300,000 people could be freed from filing. A digital alternative is also coming. As part of the Spring 2025 Tax Update: Simplification, Administration and...