Making Tax Digital: Answers to FAQs on MTD for Income Tax
As an accountant or bookkeeper, you need to ensure your practice is responding to the requirements and challenges brought about by Making Tax Digital (MTD) for Income Tax, both now and in the coming...
View ArticleEmployers’ National Insurance: How 2025 rise will affect businesses and what...
In April 2025, employers’ National Insurance contribution (NIC) rates will rise, impacting staff costs, cash flow and margins for many small and medium-sized enterprises (SMEs). Other factors are...
View ArticleWhat the Employment Rights Bill means for employers
If you’re an employer, you’ll need to get to grips with the Employment Rights Bill, which has been hailed as the “biggest upgrade to workers’ rights in a generation”. This article covers the main...
View ArticleHow the Apprenticeship Levy is changing in 2025
If you’re a UK business owner, you’ve likely come across the Apprenticeship Levy. If you’ve not heard of it, it’s a scheme designed to fund apprenticeship training. However, in 2024, the Government...
View ArticleHow the Fair Payment Code encourages businesses to pay suppliers on time
No small business likes late payments. Apart from creating a hole in your cash flow, it’s a headache to chase slow-paying customers until the money comes through. The Government’s new Fair Payment...
View ArticleHow accountants and bookkeepers can drive peak performance in 2025
Competition is hotting up in the UK accountancy profession, compelling practices to keep boosting service levels and efficiency. Numbers of qualified accountants increased every year between 2019 and...
View ArticleNeonatal care leave and pay in 2025: What HR and payroll teams need to know
If you’re an employer, HR professional, or part of a payroll team, there’s a big change on the horizon. The Neonatal Care (Leave and Pay) Act 2023 comes into force in April 2025, giving parents of...
View ArticleNew tax year: Key changes and initiatives for 2025/26
Following the election of the Labour government in July 2024, the Autumn Budget introduced a number of changes that affect businesses and the self-employed, with many of them coming into force in the...
View ArticleHow accountants and bookkeepers can embrace the new tax year with confidence
The start of a new tax year presents your practice with an opportunity to set the stage for success. From embracing automation and optimising workflows to staying abreast of legislation changes, there...
View ArticleMTD for Income Tax: What accountants and clients need to do
Making Tax Digital (MTD) is part of the government’s ongoing plan to ensure all taxpayers use software for accounting and reporting that relates to tax. MTD for Income Tax follows the successful...
View ArticleWhat HMRC’s free online filing service closure means for corporation tax clients
On 31 March 2026, the free online filing service from HMRC and Companies House for company tax returns and company accounts filing will close permanently. This means your practice will need to prepare...
View ArticleWhat is the Making Tax Digital for Income Tax private beta testing phase?
Digitalisation of tax is a huge focus for the UK government. Making Tax Digital (MTD) for VAT is already running and demonstrating the benefits of digital working for many businesses. The next...
View ArticleSpring Statement 2025: What it means for your business
On 26 March 2025, the UK government presented its Spring Statement. Chancellor Rachel Reeves kept her promise not to raise National Insurance, income tax or VAT rates. A fall in UK inflation announced...
View ArticleAccountex 2025: The AI-powered future of accounting is here
The accounting profession isn’t inching forward—it’s shifting gears. Accountex London 2025 made one thing clear: we’ve entered a new era. Making Tax Digital is reshaping how accountancy practices...
View ArticleHow accounting in the era of AI is driving business success
The advancement of AI is ushering in a new era—one that is transforming how to run a successful small business. As an accountant or bookkeeper, these developments bring a new opportunity to shape how...
View ArticleHigh performance under pressure: What businesses can learn from elite sport
What do world-class athletes know about high performance that business leaders might overlook? At Accountex London 2025, three elite competitors—Stuart Broad, Bryan Habana, and Ebony...
View ArticleA conversation with Walid Abu-Hadba: Accelerating innovation with the Sage...
As Sage continues to rapidly expand its AI-powered solutions, we sat down with Walid Abu-Hadba, chief product and development officer, to discuss how the Sage Platform is driving faster innovation,...
View ArticleWhat is a deferred tax liability?
Tax laws in the UK give companies some flexibility in deciding how to declare transactions. Often, you can choose to recognise income or expenses in the current business cycle or defer them to future...
View ArticleAccounts receivable turnover ratio: Formula, definition, importance, and...
Unpaid invoices create problems for any small company, squeezing cash flow. So how can you prevent this situation and allow your business to breathe? The first step is to calculate your Accounts...
View ArticleUse Making Tax Digital for Income Tax to upgrade your practice and meet new...
Technology & Innovation Use Making Tax Digital for Income Tax to upgrade your practice and meet new rules Learn why MTD for Income Tax offers is the perfect opportunity to reshape client...
View ArticleInside Sage Future: The mindset and philosophy behind High-Performance Finance
Technology & Innovation Inside Sage Future: The mindset and philosophy behind High-Performance Finance Day 1 at Sage Future opened with big ideas, bold ambitions, and a clear message: today’s CFOs...
View ArticleInside Sage Future: Agentic AI and the future of High-Performance Finance
Growth & Customers Inside Sage Future: Agentic AI and the future of High-Performance Finance Catch the highlights from Day 2 of Sage Future and see how Sage is turning bold AI ambition into...
View ArticleInside Sage Future: What elite sport can teach you about high performance in...
Trends & Insights Inside Sage Future: What elite sport can teach you about high performance in business Watch the highlights from Day 3 of Sage Future for real lessons in high performance. Asavin...
View ArticleAI for accountants and bookkeepers: A practical 7-step guide to getting started
Trends & Insights AI for accountants and bookkeepers: A practical 7-step guide to getting started Learn how AI transforms accounting, with insights from Accountex London 2025. This practical...
View Article