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


Plan 1 student loan interest rate to change to 6%
The Plan 1 student loan interest rate reduced to 6% (from 6.25%) from 30 August. This rate change applies across the UK with the Department
Sep 11, 2024


Public sector procurement: Missed targets and opportunities for SMEs
A recent report by the British Chambers of Commerce and Tussell has highlighted the ongoing challenges the public sector faces in meeting it
Sep 8, 2024


Barratt Developments' profit drop sends ripples through construction and property sectors
Barratt Developments, the UK's largest housebuilder, has reported a significant decline in pre-tax profits, down by three-quarters for the y
Sep 8, 2024


Government crackdown on illegal employment: What business owners need to know
Last month, the Home Secretary, Yvette Cooper, announced a significant government crackdown on employers hiring migrants illegally.
Sep 4, 2024


October budget to be “painful”
The Prime Minister, Sir Keir Starmer, speaking from Downing Street last Tuesday, has said that the budget in October will be “painful” and t
Sep 3, 2024


Do you need to register for self-assessment?
HM Revenue and Customs (HMRC) have issued a press release debunking some common myths about whether or not someone needs to register to comp
Sep 1, 2024


Don’t miss out on Winter Fuel Payments: Check your eligibility for Pension Credit
As a pensioner you were likely dismayed to learn that Winter Fuel Payments are now being restricted to those who are on benefits and Pension
Aug 28, 2024


Extending Child Benefit payments: What you need to know
As GCSE results day approaches on 22 August 2024, many families are considering the next steps for their school-leaving children. If your ch
Aug 27, 2024


Inflation increases to 2.2% in July
The Office of National Statistics has reported that inflation for July has risen to 2.2%. This is the first rise of 2024 after inflation fel
Aug 26, 2024


FSB Insurance Service provides advice for riot affected businesses
The recent riots have left many small businesses dealing with damage and disruption.
Aug 21, 2024


Updated interest rates and repayment thresholds for student loans announced
The latest annual update to Student Loan interest rates was made last week by the Department for Education.
Aug 20, 2024


Could government-backed financing help your business expand?
A small business from Barnsley, Slime Party UK, has successfully secured government-backed financing, enabling it to significantly expand it
Aug 18, 2024


HMRC interest rates to be reduced
The Bank of England’s decision to reduce the base rate to 5% means that HM Revenue & Customs (HMRC) will also reduce their interest rates.
Aug 14, 2024


Chancellor refuses to rule out increase to capital gains tax
Chancellor Rachel Reeves visited the US and Canada last week, and during an interview with Bloomberg was asked whether she was considering i
Aug 13, 2024


Pitfalls to avoid in making a strategic plan
For businesses, having a strategic plan in place is vital for the long-term success and sustainability of the business.
Aug 11, 2024


Abolishment of Furnished holiday lettings tax regime confirmed
HM Revenue and Customs (HMRC) have published draft legislation and a policy paper outlining the proposal for the abolition of the furnished
Aug 7, 2024


Bank of England reduces base rate to 5%
As anticipated, the Bank of England reduced their base interest rate on August 1 from 5.25% to 5%.
Aug 5, 2024


Chancellor’s speech paving the way to a potentially difficult Autumn budget
The Chancellor of the Exchequer, Rachel Reeves, addressed the House of Commons last week to detail the results of a Treasury spending audit
Aug 4, 2024


HMRC conducting Business Asset Disposal Relief checks
The Institute of Chartered Accountants in England and Wales (ICAEW) have reported that HM Revenue and Customs (HMRC) are contacting taxpayer
Jul 31, 2024


Nine out of ten small employers concerned about new legislation
The King’s Speech detailed proposals for a number of areas of new legislation that are likely to affect small employers.
Jul 30, 2024
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