Category: All posts

Insightful Accountant’s Top 50 International ProAdvisors for 2025

Posted on by Samantha Nicholson

We are pleased to announce that Sam has been named a 2025 Top International ProAdvisor by Insightful Accountant, the leading news and information source written specifically for the small business advisor to keep up with current technology, trends in the industry and continuing their education. This inaugural list recognizes the leading international consultants who have Read more about Insightful Accountant’s Top 50 International ProAdvisors for 2025[…]

Unlock Your Savings Potential with Help to Save

Posted on by Samantha Nicholson

Do you claim Universal Credit? and itching to build a rainy‑day fund? Good news – Help to Save just got juicier. The Government has opened the scheme to 550,000 more people and extended it to April 2027, meaning more of us can benefit. What Is Help to Save? It’s a government‑backed savings account that pays 50p Read more about Unlock Your Savings Potential with Help to Save[…]

HMRC – Changes to late payment penalties

Posted on by Samantha Nicholson

New late payment penalties have been introduced for VAT and income tax Self Assessment following the 2025 Spring statement. Chancellor Rachel Reeves revealed plans to increase late payment charges for taxpayers signed up to Making Tax Digital from April 2025. This table highlights how much late payment penalties have increased: Tax payment Previous penalties New Read more about HMRC – Changes to late payment penalties[…]

Government consults on mandatory e-invoicing – have your say

Posted on by Samantha Nicholson

The UK government has initiated a 12-week consultation to explore the implementation of electronic invoicing (e-invoicing) across businesses and the public sector. Launched on 13 February 2025, this initiative seeks to gather insights on standardising e-invoicing and increasing its adoption nationwide. What is E-Invoicing? E-invoicing refers to the digital exchange of invoice information directly between Read more about Government consults on mandatory e-invoicing – have your say[…]

Changes to the data protection fee

Posted on by Samantha Nicholson

Following a government consultation on the Data Protection Fee regime, which concluded in October 2024, the Information Commissioner’s Office (ICO) has announced an increase in the data protection fee, effective from 17 February 2025. Understanding the New Fee Structure The data protection fee is tiered based on an organisation’s size and turnover: Tier 1: Organisations Read more about Changes to the data protection fee[…]

Budget summary – Wednesday 30 October 2024

Posted on by Samantha Nicholson

Today, Wednesday 30 October 2024, The Chancellor laid her budget Here are some of the key points from the budget: Income Tax No changes announced, a brief reminder of current position: Your personal allowance remains at £12,570 and is planned to increase form 2028-29 (at the end of the freeze brough in by the previous Read more about Budget summary – Wednesday 30 October 2024[…]

100 Days Left to File Your Self Assessment Tax Return – Don’t Wait Until the Last Minute!

Posted on by Samantha Nicholson

With only 100 days remaining until the 31 January deadline, it’s time to start thinking about your Self Assessment tax return. The clock is ticking, and if you haven’t filed your return or paid any tax owed yet, it’s important to get started now. At this point, over 3.5 million people have already submitted their Read more about 100 Days Left to File Your Self Assessment Tax Return – Don’t Wait Until the Last Minute![…]

Charities Commission release new and improved guidance for trustees

Posted on by Samantha Nicholson

Charities Commission have updated several pieces of guidance for trustees, making them easier to read, understand and to put into practice. Prioritising areas of governance that are relevant to all trustees and all charities. Read their recently updated guidance on trustee decision making, improving your charity’s finances and how to conduct meetings. New and improved Read more about Charities Commission release new and improved guidance for trustees[…]

Companies House implements new powers with new non-compliance penalties

Posted on by Samantha Nicholson

Earlier this year the Economic Crime and Corporate Transparency Act gave Companies House more powers to improve the accuracy of the data they hold and crack down on misuse of the register, today they have announced the implementation of new penalties for non-compliance from Companies. Companies that do not comply with their legal duties (for Read more about Companies House implements new powers with new non-compliance penalties[…]

Grant – Low Carbon

Posted on by Samantha Nicholson

Are you an organisation, or group of organisations, delivering community or cultural activity from premises in Sheffield (this includes charities, community groups and not-for-profit social enterprises)? Are you looking to: reduce your energy costs? make your organisation more sustainable and environmentally friendly? possibly protect and create jobs by investing savings back into your organisation? If Read more about Grant – Low Carbon[…]