If you're hoping for a sneak preview of the Autumn Budget, we're afraid we've left our crystal ball at home.
With Budget Day approaching at the end of October, there will be no shortage of newspaper headlines, expert predictions and social media posts claiming to know exactly what's coming next. The reality? Nobody knows for certain until the Chancellor stands up and delivers the speech.
That said, there are a few things to keep in mind.
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Artificial Intelligence (AI) seems to be everywhere at the moment. Whether it's ChatGPT, Microsoft Copilot or the latest app promising to make your business more efficient, it's becoming harder to ignore. For many business owners, the question isn't ‘what is AI?’ It's ‘can it actually help my business?’
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The summer holidays are over, the kids are back to school, and Christmas has somehow started appearing in the shops. Like it or not, the countdown to year-end is officially on.
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If you work for a charity, you’ve probably heard “SORP 2026” mentioned recently. And if your first thought was “Sounds exciting…” - we get it.
SORP is the set of accounting and reporting rules charities follow when preparing their annual accounts. The new version applies to accounting periods beginning on or after 1 January 2026, so it’s starting to make an appearance in charity accounts.
But what’s actually changed?
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Remember the Companies House filing changes that were mentioned then quietly disappeared? Well, they’re back, and this time they have a start date.
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Unlike accidentally ordering a triple-shot caramel oat latte when all you wanted was a simple coffee, choosing the right business structure doesn't have to be overwhelming. Whether you're starting a new venture or reviewing your current setup, understanding the different structures can help you make informed decisions and build a strong foundation for future growth.
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Here’s the thing - summer is brilliant. The emails slow down, the diary stops looking quite so terrifying, and there's finally a moment to breathe. You've earned it, and you should absolutely make the most of it. But that little bit of extra headspace? It's gold dust for your business if you use even just a small part of it wisely.
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Just when you thought you'd got your head around the end of the furnished holiday lets tax regime, HMRC has another surprise for you. Depending on your circumstances, the end of the FHL regime could mean you now have a date with Making Tax Digital (MTD).
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Nobody likes an unexpected message from HMRC. Whether it's a letter through the door or an email dropping into your inbox, it's enough to make any business owner wonder, "What's this about?" And with HMRC using more data and better technology to spot errors and inconsistencies, those conversations are becoming more common.
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Nothing brings a team together quite like a summer get-together. Whether it's a Friday afternoon barbecue, a few drinks in the sunshine, an ice cream van turning up at the office, or simply treating the team to lunch, these little gestures can go a long way. Better still, HMRC might be willing to chip in.
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