The Economic Outlook: More of the Same – But Worse?

Well, folks… where do we even start?

The current economic outlook is, in short, pretty grim. Growth is flatlining, inflation is creeping back up (just in time for your energy bill to go sky-high again), and businesses across the country are pressing pause on investment. Honestly, you can’t blame them.

We’re all just trying to get through it – clients, small business owners, the bloke running your local café. And yet, somehow, HMRC and the government still seem to think now is a great time to squeeze everyone a little harder. Deep breaths…

The Benefits of Completing Your Company Accounts Early

In the hustle and bustle of running a business, it’s easy to delay tasks that don’t seem urgent. However, completing your company accounts early can provide a range of significant benefits that not only streamline your business operations but also enhance your financial planning and decision-making processes.

1. Enhanced Financial Planning

HMRC's Making Tax Digital: Sole Traders Now Filing Four Returns a Year by 2026!

HMRC's Making Tax Digital: Sole Traders Now Filing Four Returns a Year by 2026

HMRC’s Making Tax Digital (MTD) is changing the game for sole traders, and here’s what you need to know. Starting in April 2026, if you earn over £50,000, you'll need to submit four returns a year—that's right, quarterly self-assessments. Sole traders earning between £30,000 and £50,000 will follow suit in 2027.

Subscribe to HMRC