News

August 27, 2026

Cost of business crisis for British SMEs

UK businesses are facing a “cost of business crisis”, according to the British Chambers of Commerce (BCC). Its new cost-stack calculator shows government policy alone has pushed up an average firm's expenses by 70% over the past decade, adding roughly £827,000 a year in costs for a typical mid-sized business. About a quarter of the rise stems from the increase in employer National Insurance contributions, with the higher minimum wage and mandatory pension auto-enrolment also major contributors.
August 26, 2026

Making Tax Digital for Income Tax first quarter statistics published

Under Making Tax Digital (MTD) for Income Tax, sole traders and landlords with income of more than £50,000 have been required to keep digital records and send quarterly updates to HMRC since 6 April 2026.
March 26, 2025

Identity verification coming to Companies House

As part of the changes being gradually introduced by the Economic Crime and Corporate Transparency Act (ECCT), identity verification is set to become a Companies House requirement.
March 24, 2025

No change to Bank of England base rate

The Bank of England held its regular meeting to discuss interest rates last Thursday.
March 20, 2025

Safe working with screens: What employers need to know

The Health and Safety Executive are reminding employers about their responsibilities to protect workers from the health risks that come from working with display screen equipment (DSE), including PCs, laptops, tablets and smartphones.
March 19, 2025

Your voice could be your password

HM Revenue and Customs (HMRC) have plans to use a callers voice as their password in an effort to speed up phone calls.

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