Today, the Autumn Budget 2025 briefly appeared on the Office for Budget Responsibility (OBR) website nearly an hour before the Chancellor delivered the official statement. Because the leak gave taxpayers an unexpected early preview, the following breakdown highlights the key changes and explains what they mean for both individuals and businesses. Income Tax and National […]
How to Write a Business Plan That Sets You Up for Success Writing a business plan can feel like a daunting task, especially if you’re just starting out. However, having a clear and well-structured plan is essential for any entrepreneur or business owner who wants to improve their chances of success. A well-written business plan […]
Understanding Your Tax Code: What It Means and Why It Matters Your tax code is more than just a random set of letters and numbers on your payslip—it’s how HMRC works out how much income tax you should pay. Knowing what your tax code means can help you avoid overpaying or underpaying tax, especially […]
Behind the Numbers: When HMRC Gets Creative Accountancy might sound predictable, but sometimes our work brings unexpected — and often hilarious — situations. Over the years, we’ve encountered a few HMRC stories that make you shake your head, laugh, and appreciate the unpredictable side of accounting. Mistaken Identity: The Traveling Electrician One memorable example involved […]
Behind the Numbers: When Accounting Gets Unexpected A day in the life of an accountant might sound predictable or even boring. But sometimes, it isn’t. Occasionally, the work takes unexpected turns — like interacting with the police. Recently, I had a couple of experiences that reminded me just how varied life in a small practice […]
Behind the Numbers: An Accountant’s Perspective It’s often assumed that tax matters simply stop when someone passes away. In reality, however, a taxpayer’s finances still need careful attention, and the process can be quite different from a standard tax return. Recently, I dealt with my first final tax return for a deceased person, and it […]