The final £1 coins featuring our beloved late Queen enter circulation as new King Charles III designs grow in number. Millions are heading for tills, pockets and collections. It's a tangible moment of change in Britain's ever ...

The Employment Rights Bill roadmap confirms SSP reform from April 2026. If you're an employer, then take a look to see if your policies, budgets and systems align with the new rules. Wider measures will follow through 2026 an ...

Mid-year rate rises have led to tax return errors due to Capital Gains Tax changes. Understand who is affected, what HMRC letters mean, and how to correct returns. Use HMRC's tool and amend your returns promptly to avoid inte ...

Latest reports reveal a troubling trend for UK millionaires, with projections indicating around 16,500 will have left the country by the end of 2025. Driven by tax increases and economic stagnation, this raises concerns about ...

Navigating the turbulent waters of Britain's financial landscape, Rachel Reeves must confront some hard truths. Failure to make informed decisions could tank the economy and sacrifice the very economic stability and growth we ...

Wealthier pensioners may consider opting out of winter fuel payments due to the implications of tax recovery. This blog post elaborates on the recovery process, eligibility criteria, and how to successfully opt out before the ...

The UK industrial strategy, unveiled on 23rd June 2025, aims to boost specific sectors vital for the economy, but it leaves significant gaps that could affect many businesses. While the strategy sets the stage for thriving in ...

The Spending Review 2025 sets a transformative path for HMRC, marking significant enhancements in digital services and efficiency. With guaranteed funding, the plan is to modernise operations and focus on digital self-serve o ...

I wanted to explore the key components of the government's new industrial strategy, which identifies the professional services sector as a vital growth engine for the UK economy, highlighting reforms, regional hubs, and partn ...

In the face of recent disappointments in economic performance, various strategies are emerging that can effectively boost UK economic growth. Government initiatives in infrastructure, taxation, and labour might hold the key t ...

The recent buzz surrounding M&S's Strawberry and Crème sandwiches has thrust VAT on different products into the limelight again. Are these delightful creations zero-rated under UK VAT law, or do they fall into the dreaded 'co ...

The Bank of England is set to redesign banknotes for the first time in over half a century. This major initiative opens the floor for public input on themes like nature, innovation, and history, aiming to reflect a contempora ...

As the UK faces record-breaking temperatures, employers have a profound obligation to ensure the comfort and safety of their staff. Heatwaves pose unique challenges, particularly for those employed in environments where the h ...

The latest data presents a concerning picture of the UK economy, marked by a significant contraction in GDP, declining exports, and rising unemployment. These indicators suggest that the momentum towards recovery may falter a ...

Although the 31st January is the usual date for paying Income Tax and National Insurance contributions in full, for many self-assessment taxpayers, the 31st July is another vital date to remember for those who need to make a ...

When it comes to a workplace dress code, employers often grapple with the balance between professionalism and comfort, particularly as weather patterns shift towards warmer temperatures. The implications of a rigid dress code ...

The rise in Wimbledon prize money to unprecedented levels presents not only an opportunity for players to secure substantial earnings, but also has implications for HMRC. Analysis reveals how both sides may benefit from the a ...

HMRC has recently commenced a review involving persons with significant control over companies, prompting these individuals to reassess their income and gains for the tax year 2023/24. This initiative is intended to ensure co ...

As the government announces automatic winter fuel payments for pensioners, fraudulent schemes emerge to target the vulnerable. Understanding the payment process and remaining vigilant against winter fuel payment scams is esse ...

The government has decided to implement a recovery system for winter fuel payments through HMRC for pensioners with incomes exceeding £35,000. I'm going to talk about its implications for individuals and some of the administr ...

The Chancellor's spending review has unveiled significant public funding increases, yet the budget plan raises alarms about a potential tax raid in the autumn. Some high-net-worth individuals are now preparing to leave Britai ...

What are the consequences of not adhering to the UK's National Minimum Wage laws? Not surprisingly, employers face significant penalties and damage to their reputations, while employees experience financial hardship ... ...

The way you report your income tax is changing. Making Tax Digital for Income Tax (MTD ITSA) is being phased in over the next few years, and if you're a sole trader or landlord, it's important to start preparing now ... ...

Business Email Compromise (BEC) is a growing threat affecting businesses everywhere. I thought I should highlight the importance of recognising the tactics used by fraudsters and provide some practical steps to prevent fallin ...

The recent trade deals signed by the UK with the US, India, and the EU prompt an essential inquiry: are trade deals growth drivers? While the government portrays these agreements as monumental victories, I think the reality i ...

Parents of teenagers are reminded to extend their Child Benefit claim to avoid interruptions in payments. With a deadline for confirming their child's education status approaching, it's crucial to act now to secure vital fina ...

Essendon Accounts & Tax are proud to be sponsors for the Towcester Midsummer Music Festival. Established in 2003, the 23rd Towcester Midsummer Music Festival event will take place in the heart of Towcester over the weekend of ...

From Jaffa Cakes to Pringles, the ongoing tax battles on snacks in the UK highlight the confusion over VAT regulations. With various rulings leading to strange classifications, I'll explore how these legal disputes impact foo ...

HMRC is streamlining its services to offer faster, more interactive support through modern channels. So, if your go-to move was to post a forum question and wait for a reply, you’re in for a treat, because help is about to ge ...

The UK-US trade deal benefits multiple sectors, most notably steel, cars, and agriculture. Tariff reductions aim to enhance trade relations and foster economic growth, providing critical support to struggling industries ... ...

HMRC has announced a transformative plan to integrate voice recognition technology into its customer service framework. This approach seeks to streamline security checks and improve the overall customer service experience for ...

Credibility is the cornerstone of any successful business operation and helps to improve growth. One pivotal document that aids in establishing credibility is the Certificate of Good Standing from Companies House ... ...