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The first quarterly deadline has passedMaking Tax Digital for Income Tax is now a reality for many self-employed people and landlords.Those brought into MTD from 6 April 2026 are required to keep digital records and use compatible software to send quarterly updates to HMRC. For those following the standard quarterly periods, the first update covered…

For many small businesses, employing the right people is essential to success. However, recent surveys suggest that rising employment costs are causing many business owners to rethink their recruitment plans.Higher National Insurance costs, increases in the National Living Wage and wider employment obligations have all added to the overall cost of taking on staff. As…

Late payment has long been one of the greatest challenges facing small businesses. Many profitable businesses experience unnecessary financial pressure simply because customers take longer than agreed to settle their invoices. When cash is tied up in unpaid debts, it becomes harder to pay suppliers, invest in growth or even meet tax liabilities on time.The…

Before a property development even begins, significant costs are often incurred. Planning applications, architects' drawings, engineering reports, environmental surveys and legal advice can all generate substantial expenditure long before construction starts.HMRC has launched a consultation examining whether the current tax treatment of these pre-development costs remains appropriate and whether changes could help encourage investment.What are…