News

November 12, 2026

Consultation indicates Founders’ Relief technicalities

The government has published a technical consultation on its new Founders’ Relief. The consultation itself provides an overview of the proposed qualifying conditions for it, including individual and company requirements and what must be satisfied. HMRC’s own figures, however, show that the strict conditions mean only about 600 individuals will be eligible to apply each year.

November 11, 2026

Costs of borrowing up

It’s bad news for mortgage holders and borrowers as the Bank of England (BoE) raises interest rates by a quarter point to 4% for the first time since August 2023.

December 4, 2025

HSE Reports 1.9 Million Workers Affected by Work-Related Ill Health in 2024/25

The Health and Safety Executive (HSE) has published its latest annual statistics on work-related ill health and workplace injuries for 2024/25.

December 3, 2025

Government Announces Rail Fare Freeze Until 2027

The government has confirmed that regulated rail fares in England will be frozen until March 2027. The freeze, announced prior to the Budget, follows a 4.6% rise in March 2025.

December 1, 2025

HMRC Fixes SA302 Issue Affecting Class 2 National Insurance for 2024/25

Some self-employed taxpayers who filed their 2024/25 self-assessment tax return may have been incorrectly asked to pay class 2 national insurance contributions (NIC) on their SA302 tax calculation. HM Revenue & Customs (HMRC) has now confirmed that this issue has been fixed.

November 28, 2025

Choosing the Right Accounting System for Your Business

For many sole traders and small business owners, reviewing their accounting system only happens when something forces the issue. For instance, many sole traders are currently looking at whether their accounting system meets the requirements for Making Tax Digital for Income Tax.