News

March 23, 2026

UK Economy: Zero Growth in January

The Office for National Statistics (ONS) has reported that gross domestic product (GDP), a measure of how the economy is doing, showed zero growth in January, following growth of 0.1% in December 2025.
March 19, 2026

Is a Change to Income Tax Devolution in Wales on the Horizon?

An independent report, commissioned by the Welsh government, has examined potential future options for income tax devolution in Wales. It compares keeping the current partially devolved system with moving to full devolution, while factoring in the effects of the block grant adjustment (BGA).
February 22, 2024

HMRC warns about an increase in tax refund scams

HM Revenue and Customs (HMRC) are warning that fraudsters could focus on Self Assessment taxpayers.
February 19, 2024

Inflation stays flat

Official figures were released last week showing that inflation remains at 4% in the year to January.
February 16, 2024

Unlocking efficiency and growth: The benefits of cloud accounting

In business, staying ahead of, or at least up with, the curve is crucial for success. Over recent years, one of the revolutionary tools that has transformed the way businesses manage their finances is cloud accounting. Cloud accounting offers many benefits over traditional, on-premise accounting systems. Let’s discuss some of them.
February 14, 2024

Guidance for small businesses using online services

The National Cyber Security Centre have issued some new guidance on “Using online services safely.”
February 12, 2024

How to recognise tax scam phone calls, emails and text messages

HM Revenue and Customs (HMRC) have recently published updated their guidance on how to identify tax scams made by phone, email, or text.
February 9, 2024

No final decision yet on a digital pound

The Bank of England and HM Treasury have published their response to a consultation on a digital pound that was started in February 2023.
February 7, 2024

Cuts to National Insurance rates benefit January pay packets

The 12% to 10% employees national insurance rate cut first announced in the Autumn Statement came into effect in January. This means that many employees will have seen a boost in their take home pay in their January pay packet.
February 5, 2024

Streamlining your business: Strategies to speed up customer payments and improve cash flow

Begbies Traynor, a firm of business rescue and recovery specialists, have published their latest Red Flag Alert based on financial data from the last quarter of 2023. It makes worrying reading as they estimate that more than 47,000 businesses in the UK are near collapse because of being in critical financial distress.

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