Chancellor promises stability The Chancellor of the Exchequer, John Healey, has announced that Budget 2026 will be presented on 28 October 2026. Announcing the date, the Chancellor said that the Budget will ‘move money and power out of Westminster, and into every postcode around Britain’. He also stressed that the government would continue […]
VAT reduction, cap on public transport and business rates cut announced Andy Burnham’s first days as Prime Minister have been marked by a flurry of announcements designed to show that his government intends to move quickly. Presenting himself as a leader focused on easing pressure on households and rebuilding trust in politics, Burnham has begun
Companies House Filing Changes Delayed Until 2028 – What Small Businesses Need to Know If you’re a company director, there’s an important update from Companies House that deserves a place on your radar. Following extensive consultation with businesses and stakeholders, a number of planned reforms to company accounts filing requirements have been pushed back by
Policy in development HM Revenue & Customs (HMRC) recently released a research paper on how small and medium-sized businesses (SMEs) view electronic invoicing, also called e-invoicing. In the Autumn Budget 2025, plans were announced to make e-invoicing mandatory for VAT invoices from 2029. In preparation for this change, the research paper was designed to help
What is changing first? A new website has been launched by the Department for Business and Trade (DBT) offering practical guidance and support on the changes that the Employment Rights Act will introduce and what they can do to get ready. The website provides details of upcoming changes, including several that come into force
What does the OBR’s latest forecast mean for you? During a week dominated by news of the Middle East conflict, on 3 March 2026, Chancellor Rachel Reeves presented the Spring Forecast to Parliament. The Chancellor told MPs she had “restored economic stability” as she presented the Office for Budget Responsibility’s (OBR’s) economic forecasts. The
Spring Forecast Scheduled for 3 March 2026 Will there be any changes to tax policy? The Chancellor, Rachel Reeves, has requested the Office for Budget Responsibility (OBR) to publish an economic and fiscal forecast on 3 March 2026. This will be accompanied by a statement to Parliament. As set out in the Budget, the
Are You Ready? The Self Assessment deadline for filing your 2024/25 tax return is fast approaching. You must submit your return and pay any tax due by 31 January 2026 to avoid penalties and interest. To meet the deadline, you will need to make sure you have: All income details, including any employment, pension, self-employment,
Is it time to review your business’s cash reserves? The Prudential Regulation Authority (PRA) has confirmed that the Financial Services Compensation Scheme (FSCS) deposit protection limit increases from £85,000 to £120,000 from the start of December. The new threshold applies per depositor, per PRA-authorised bank, building society or credit union. The PRA have confirmed
FSCS Deposit Protection Limit Rises to £120,000 from December Read More »
The Charity Sector Risk Assessment, released by the Charity Commission, highlights a range of challenges currently facing charities across England and Wales. Drawing on annual returns, serious incident reports and regulatory casework, the assessment offers a clear picture of a sector under increasing pressure. This report breaks down the key findings and provides practical guidance
Charity Commission Warns on Key Risks for Charities Read More »
