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AI generated image shows aan alarm clock and 7 columns of ascending coins - text reads HMRC late payment interest rates to be cut - image source Freepik Premium

HMRC late payment interest rates to be cut

HMRC late payment interest rates to be cut Following the reduction in the Bank of England base rate, HM Revenue & Customs (HMRC) have confirmed that their interest rates will […]

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Illustration - Young woman small business owner talking to customers selling online. Source Freepik Premium

Should you be paying tax on your side hustle?

Should you be paying tax on your side hustle? Conventional approaches to work and earning an income are changing and with the cost of living ever rising, many now use […]

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Blue Rises to national minimum wage confirmed 2025 image made with canva

Rises to national minimum wage confirmed

Rises to national minimum wage confirmed Legislation was laid before Parliament last week confirming that the new National Living Wage and new Minimum Wage rates will take effect from 1 […]

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Green background showing a hand holding a blue watering can. A plant made up from business startup signs appears under the watering can, and the text starting a business - along with the business logo of Alexander Accountancy Image source Canva Pro Account

Starting a business?

Starting a business? Starting a business in the UK is an exciting venture, but it comes with financial, tax, and accounting responsibilities that you must navigate effectively. Understanding what you […]

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White text on a green background says Base rate cut to 4.5% - with a Gren arrow at 90 degrees pointing downwards - source created inhouse Alexander Accountancy Burton on Trent

Base rate cut to 4.5%

Base rate cut to 4.5% The Bank of England reduced their base rate to 4.5% last week, as had been widely expected in the days leading up to the decision. […]

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Image shows a tiny wodden house perched on the top of of a column of coins. White overlay text Pension reforms to drive growth - source Freepik premium

Reforms to pensions proposed in order to drive growth

Reforms to pensions proposed in order to drive growth The Prime Minister and Chancellor met with business leaders last week and unveiled proposals to give occupational defined pension schemes more […]

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Image shows two hands fanning a number of twenty pound notes - image source Freepik premium

Is cash still king?

Is cash still king? The new economic secretary to the Treasury, Emma Reynolds, has said that there are no plans to regulate businesses, whether big or small, to compel them […]

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Ilustraion shows a man running down a slope with a brief case followed by a large rolling tax symbol

Avoiding the last-minute tax return rush

Avoiding the last-minute tax return rush: A guide for business owners on preparing next year’s tax return The annual self-assessment tax return deadline has just passed, and for many business […]

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