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What would a closure of the Strait of Hormuz mean for the UK, and how can businesses prepare?
Tensions in the Middle East have always carried global implications, but few pressure points are more critical than the Strait of Hormuz. This narrow passage off the coast of Iran is the transit route for around one-fifth of the world’s oil and a quarter of its...
Why every business owner needs an exit plan
For many business owners, the daily focus is on growth, sales, staff, and operations. Planning an exit often sits far down the priority list, something to deal with "one day." However, failing to plan for how and when you will eventually leave your business can result...
How global unrest could impact the UK economy and your business
At a time when many UK businesses are focusing on recovery, growth, and future planning, a wave of new geopolitical unrest is casting a long shadow over economic stability. In recent months, tensions have intensified globally, with the conflict between Iran and Israel...
Winter Fuel Payments reinstated for over 9 million pensioners
The government has confirmed that Winter Fuel Payments will return for the 2025–26 season, providing much-needed support for pensioners facing rising energy bills. This marks a reversal of last year’s controversial decision to suspend the payments and reflects growing...
How artificial intelligence is changing accountancy – and what it means for your business
Artificial intelligence (AI) is no longer just a concept for the future. It is already reshaping how accountancy services are delivered, and these changes are starting to benefit businesses of all sizes. As your accountant, we want to explain what these developments...
New identity verification rules at Companies House: what directors, PSCs and company owners need to know
From April 2025, significant new legal obligations have come into force that will affect almost all UK companies and LLPs. Under the Economic Crime and Corporate Transparency Act 2023, Companies House has started to roll out mandatory identity verification for...
Hospitality sector to benefit from £3 million savings under new government energy efficiency scheme
Small and medium-sized hospitality businesses across the UK are set to benefit from a new government-backed scheme designed to cut energy costs and support net zero ambitions. The initiative, unveiled as part of the wider Plan for Change, will provide free energy and...
When can you reduce your July 2025 Self-Assessment payment?
Many individuals and business owners in the UK pay their tax under the Self-Assessment system, which often involves two payments on account due each year – the first in January and the second in July. These advance payments are calculated based on your previous year's...
Statutory Sick Pay reform: a growing concern for small businesses
A proposed change to the way Statutory Sick Pay (SSP) is charged is causing growing concern among UK small business owners. Under current rules, employers are only required to pay SSP from the fourth consecutive day of absence due to illness. However, upcoming reforms...
How to avoid the car fuel benefit tax charge
And why repaying private fuel to employers by 6 July 2025 matters If you drive a company car and your employer pays for your fuel, including for personal use, you could be facing a sizeable tax charge unless you repay the private fuel element by 6 July 2025. Many...