How could a new Prime Minister impact SMEs in the UK?

With Keir Starmer announcing his resignation as Prime Minister, there has been much speculation about what this means for the future of UK politics.

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HMRC launches consultation for mandatory Direct Debit VAT and PAYE payments

HMRC is currently consulting on proposals that could make Direct Debit the mandatory payment method for VAT and PAYE liabilities – a move that would affect millions of UK businesses.

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Government proposes changes to the taxation of distributions and repayments of capital from companies

The last few weeks have been awash with minor and major reforms to taxation in the UK, as part of HMRC’s  Tax Update 2026.

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Paying tax as you earn it: The proposal that could reshape Self Assessment

Anyone subject to the UK’s Self Assessment system knows the rhythm by now. Income is earned across the tax year and the bill for it lands the following January.

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Making Tax Digital off to a slow start

With the upcoming 7 August deadline, HMRC reports that it is still waiting for over half of those affected by Making Tax Digital (MTD) to register, let alone file their returns by the deadline.Continue reading

Time for a new leader – How can businesses preserve value when there is a change at the top?

There are plenty of reasons why a new leader might be needed, whatever kind of business or institution you operate.

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Accepting cryptocurrency as payment – The tax implications for UK SMEs

One in five of the UK’s top SMEs is already seeing customer demand for cryptocurrency payments, according to a recent survey by payment technology provider DECTA.

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The 53 per cent tax surge: How frozen thresholds are quietly costing you more

It has been reported that UK taxpayers have paid £153.7 billion in tax and National Insurance (NI) in May 2026.

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Time for a new leader – How can businesses preserve value when there is a change at the top?

There are plenty of reasons why a new leader might be needed, whatever kind of business or institution you operate.

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Late payments reform: Welcome change, but is it fast enough?

Late payments are draining £11 billion a year from the UK economy, according to new research from online accounting platform Sage.

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