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Latest News
Practical articles and financial advice to support individuals, sole traders and small businesses across Kent
HMRC clarifies position on Making Tax Digital and cessations
The taxpayer or their agent should notify HMRC by phone or webchat where the taxpayer is within Making Tax Digital (MTD) for income tax from April 2026 but all of their sources of income for MTD income tax ceased before that date.
Iran conflict sends economic shockwave through the Gulf
Energy markets are set to suffer the biggest immediate impact from the Iran conflict, but effects on travel and tourism sectors will be longer lasting, according to an ICAEW economic update.
How to maximise supplier relationships in tough times
While it may be tempting to shift payment terms to preserve working capital, the fallout could be more damaging to business stability. Find out what practical steps finance teams can take to improve relationships with suppliers during economic uncertainty.
Taxpayers asked to update provisional and rounded tax return figures
Taxpayers asked to update provisional and rounded tax return figures
Return obligation relaxed for short-term business visitors
The obligation to report non-tax advantaged employment related securities (ERS) data for short-term business visitors (STBV) has been removed where no UK income tax or national insurance contributions (NIC) would be due.
Economy explainers: How student loans work
With the student loans system attracting attention, ICAEW’s Tax Faculty explains the scale of student debt, the different types of student loan plan and how repayments are calculated and made.
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