News for: Accountancy

HMRC is encouraging anyone with income outside of their regular employment to check if they need to complete a Self Assessment tax return for the 2024 to 2025 tax year. Anyone with additional income streams – such as from online selling, content creation, dog walking or property rental – is being … [Read more...]

HMRC has named 74 businesses in the North West for paying workers less than the National Minimum Wage and National Living Wage. The latest list published by the government includes 518 businesses in the UK which hadn’t correctly paid minimum wage. Some high-profile businesses are named, … [Read more...]

IN Accountancy MD, Sarah Harkness, explains why small business owners shouldn't fear price increases, and instead should use them as a tool for growth and clarity for their business. With rising costs across the board—from higher national living and minimum wages to increased national insurance … [Read more...]

Robert Wardle (pictured), Azets’ head of tax for the North West region, is urging businesses to plan ahead for the impact of new inheritance tax changes. A fear of major disruption resulting from new death taxes being introduced from 6 April 2026 onwards has sparked major concerns for business … [Read more...]

Following the Bank of England's decision to cut its base interest rate to 4.25%, HMRC is advising that its interest rates on late payments and repayments will also change. HMRC interest rates are set in legislation and are linked to the Bank of England base rate. Late payment interest is … [Read more...]

HMRC has launched a new Interactive Compliance Guidance tool to help guide both businesses and individuals through tax compliance checks. The tool, accessible through the government website, brings together existing guidance in one place and helps customers understand: Joanne Walker, Low … [Read more...]

Stockport-based accounting firm, CN Chartered Accountants is to host its first ‘Cars & Business Networking’ event at their offices on Wednesday 7th May. Taking place at CN House, Cheadle Royal Business Park from 4-7pm, the evening promises to help foster new business connections through a … [Read more...]

There is less than a year before sole traders and landlords with qualifying income over £50,000 will be required to keep digital records to report their earnings to HMRC. Making Tax Digital (MTD) for Income Tax will launch on 6th April 2026, and aims to help taxpayers save time gathering … [Read more...]