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WWII accountants: Lieutenant-Colonel William Harris-Burland
An accountant that worked across Europe in the 1930s and then used his local knowledge, as well as his business and accounting skills to mastermind clandestine activities during the Second World War.
2 days ago


Scaling up: how to build flexibility into your strategy
How to grow: scaling a business isn’t just about growth, it’s about growth with resilience – especially during these times of greater uncertainty.
4 days ago


Chart of the week: Energy price cap
As reported by ICAEW According to Ofgem, the domestic energy price cap in Great Britain for the third quarter of 2025 commencing on 1...
Jul 7


Companies encouraged to review loan relationships
As reported by ICAEW HMRC is asking companies where it has opened an enquiry into the application of the unallowable purpose rule to...
Jul 7


Warning: 31 July deadline for paying income tax and NIC
The normal due date for paying income tax and class 4 national insurance contributions (NIC) under self assessment (SA) for a tax year is 31 January after the end of that year. However, some taxpayers need to make a POA on 31 January during the tax year and on 31 July immediately after the end of the tax year.
Jul 4


Hiring Slows as Costs Rise
New data from the Office for National Statistics suggests that UK businesses are continuing to slow down recruitment, with job vacancies falling by 63,000 between March and May.
Jun 19


Spending Review 2025: Takeaway Points for Your Business
Last week, the Chancellor unveiled her Spending Review setting out how government departments will allocate money over the coming years. While much of the focus was on large-scale public services like the NHS and schools, there are some important signals here for businesses to take note of - both in terms of opportunity and outlook.
Jun 16


OECD Downgrades UK Growth Forecast, Citing Debt and Trade Barriers
The UK’s economic growth is set to slow more than expected, according to the Organisation for Economic Co-operation and Development (OECD), which has downgraded its forecast for 2025 to 1.3%, down from 1.4% earlier this year.
Jun 12


Emissions Cutting Trial to Benefit Hospitality Businesses
The government has published details of a new emissions cutting trial that could benefit UK pubs, cafes, restaurants and hotels.
Jun 11


Named and Shamed: Employers Failing to Pay Minimum Wage
In its latest round of investigations, HM Revenue and Customs (HMRC) have named 518 employers who have failed to pay the National Living or National Minimum Wage correctly to their staff.
Jun 9


When is Diversification a Good Business Strategy?
It’s long been said that putting all your eggs in one basket is risky. Many small business owners may fear that risk of becoming a reality.
Jun 6


Why You Shouldn’t Ignore Old Tech: New Guidance from the NCSC
The National Cyber Security Centre (NCSC) has released new guidance on how to properly retire old digital systems and devices – a process known as decommissioning. The guidance is aimed at IT teams, but there are useful takeaways for any small business that uses computers, software or online systems.
Jun 5


FSB Updates Guidance on Employers’ Liability Insurance
The Federation of Small Businesses (FSB) has recently updated its guidance on Employers’ Liability insurance - a useful reminder of the rules and risks around a business insurance that is legally required in the UK.
Jun 4


What Should You Do If You’re the Victim of a Data Breach
There has been much media attention on the recent cyber-attacks affecting high street retailers. If you or your business is a customer of these businesses, you may have received communications alerting you to the fact that your data was included in the breach. If so, you may be wondering what you should do to protect yourself.
May 29


New Buy-Now, Pay-Later Rules Announced
From next year, Buy-Now, Pay-Later (BNPL) firms will need to work within a stricter regulatory framework. Following last year’s consultation, the government has now laid legislation before Parliament to bring BNPL under formal regulation, aiming to end what’s been called the “wild west” of unregulated borrowing.
May 28


What the New UK-EU Deal Could Mean for Your Business
The UK government has agreed a new trade deal with the European Union, aimed at making it easier to do business across the Channel. This follows recent agreements with the US and India and is being presented as part of a wider effort to support jobs and help businesses grow.
May 27


New Free HSE Tool Helps Employers Tackle Work-Related Stress
Last week was Mental Health Awareness Week, and to mark the occasion, the Health and Safety Executive (HSE) launched a free online learning module to help employers better understand and manage work-related stress in their teams.
May 22


New Immigration Changes: What Businesses Need to Know
The government announced major changes last week to the immigration system as part of its plan to reduce net migration and encourage more home-grown skills. If you run a business, even if you don’t currently recruit from overseas, it’s worth understanding what’s changing and how it could affect your future hiring plans.
May 21


Don’t Miss Out: Parents of Teenagers Need to Extend Child Benefit by 31 August
If you’re a parent of a 16 to 19-year-old who’s staying in full-time education or training, HM Revenue and Customs (HMRC) is reminding families to extend their Child Benefit claim by 31 August to avoid the payments stopping altogether.
May 19


Helping Employees Save on Childcare: What Employers Need to Know
With many families finding out where their child will be starting school this September, now is a good time for working parents to start planning childcare. The government’s Tax-Free Childcare scheme can save them up to £2,000 a year per child – and this could be good news for employers as well as employees.
May 15
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