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Latest News
Practical articles and financial advice to support individuals, sole traders and small businesses across Kent


New Rules Aim to Curb Sudden Bank Account Closures
From April 2026, banks and payment service providers will face stricter rules around how and when they can close customer accounts, under new legislation aimed at improving transparency and giving people and small businesses more time to respond to account closures.
May 14, 2025


What the New Planning Reforms Could Mean for Your Business
The government has published its Impact Assessment on the Planning and Infrastructure Bill, which indicates benefits to the economy of potentially up to £7.5 billion over the next decade.
May 14, 2025


UK-India Trade Deal Set to Unlock Major Export Opportunities for UK Businesses
The UK and India signed a new trade agreement last week that will reduce tariffs and open up one of the world’s fastest-growing markets to British businesses. The deal – described by the government as the most significant bilateral trade agreement since Brexit – is expected to boost trade by £25.5 billion a year by 2040.
May 14, 2025


New International Rules to Cut Legal Costs for UK Businesses
From 1 July 2025, UK businesses involved in cross-border disputes will benefit from a major change in how their legal judgments are recognised overseas, thanks to new international rules being introduced under the 2019 Hague Convention.
May 7, 2025


Raft of tax administration measures announced: How will these affect businesses and employers?
According to new research, small and local businesses across the UK are increasingly embracing artificial intelligence (AI) tools to improve efficiency and streamline everyday operations.
May 6, 2025


AI Adoption on the Rise Among Small Businesses: A Boost for Productivity
According to new research, small and local businesses across the UK are increasingly embracing artificial intelligence (AI) tools to improve efficiency and streamline everyday operations.
May 1, 2025


What the Latest IMF Forecast Means for Business Owners
The International Monetary Fund (IMF) has predicted that the Bank of England could cut interest rates three more times this year, despite the UK facing higher-than-expected inflation.
Apr 30, 2025


MTD for Income Tax: Less Than a Year to Go.
If you're a sole trader or landlord with annual income over £50,000, a major change is coming your way. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under Making Tax Digital (MTD) for Income Tax.
Apr 28, 2025


Delay to Consultation on the Tax Treatment of Predevelopment Costs
At Autumn Budget 2024, we were promised a consultation on the tax treatment of predevelopment costs. However, following the Court of Appeal’s decision on a recent case, the government is postponing publication of the consultation while it considers the implications of the decision.
Apr 24, 2025


Cuts to import tariffs.
Amidst all the news about increased tariffs in the US, the UK government has announced a cut to zero in import tariffs on a range of 89 foreign products.
Apr 23, 2025


UK Inflation Falls to 2.6% – But What’s Next for Your Business?
In a small bit of good news, March’s inflation figures have been released showing a drop to 2.6% from 2.8% in February. The main reason? Lower petrol prices, which has offered some relief for households and businesses alike.
Apr 22, 2025


Why Seeking Help When Your Business Faces Insolvency is the Right Move
Running a business comes with financial risks, and sometimes, companies struggle to stay afloat. While facing insolvency is undoubtedly stressful, seeking professional help early can prevent serious legal consequences.
Apr 17, 2025


New neonatal care law now in force
The Neonatal Care (Leave and Pay) Act 2023 came into force on 6 April 2025. This law provides a new leave and pay entitlement for parents with a baby in neonatal care.
Apr 16, 2025


New Companies House ID Checks: What They Mean for You
From 8 April 2025, Companies House has launched a new identity verification system as part of changes under the Economic Crime and Corporate Transparency Act 2023.
Apr 14, 2025


Child Benefit Increases from 7 April: What Employers Need to Know
From 7 April 2025, families receiving Child Benefit will see an increase in their payments. HM Revenue and Customs (HMRC) has announced that the weekly rate will rise to £26.05 for the eldest or only child and £17.25 for each additional child. This means an annual payment of £1,354.60 for the first child and £897 for each subsequent child. These payments, usually made every four weeks, are automatically into claimants’ bank accounts.
Apr 10, 2025


UK Government requests views to shape response to US tariffs
The UK Government is currently considering its response to the ‘reciprocal tariffs’ announced by the US President Donald Trump on 2 April.
Apr 7, 2025


Changes Coming to GB-NI B2B Parcel Movements in May
From 1 May 2025, all B2B (business to business) parcels travelling from Great Britain to Northern Ireland will need to have information sub
Apr 3, 2025


£20 million Investment in Community Housing
The government has announced a £20 million package that will help community land trusts, housing cooperatives and other community groups to
Apr 2, 2025


Spring Statement: How is your business affected?
The Chancellor of the Exchequer, Rachel Reeves, delivered her Spring Statement last week in which she outlined the government’s economic pla
Mar 31, 2025


Are you ready for April 2025?
The new National Living Wage and National Minimum Wage rates will come into force from 1 April 2025.
Mar 27, 2025
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