Business - Page 2

From April 2026 HMRC is introducing a new method for sole traders and landlords to report income and expenses, called ‘Making Tax Digital for Income Tax’.

You may have noticed that we have been in touch earlier than usual to request your financial records for this year’s accounts and tax return season. We want to take a moment to explain why this change is necessary and how it benefits you.

With borrowing costs climbing and economic growth faltering, Chancellor Rachel Reeves is under pressure to find new revenue sources and that is stirring speculation about both fiscal drag and stealth taxes and also potential tax increases.

We are always pleased to support and engage in a wide range of community events across the local area and its surroundings, and these past few months have been no exception.

Late Summer Bank Holiday Monday 25 August 2025: All offices - CLOSED

Risk appetite remained strong last month with the US and UK stock markets achieving new record highs. The first days of August have been a little more muted, with economic data proving mixed, but interest rates are on a declining path once again and may provide a lift.

14 August 2025

2025 is proving to be a case study for those who believe time in the market is more important than timing the market.

2025 has been a very noisy year so far. Important news has come thick and fast, be it related to trade tariffs, defence spending, artificial intelligence or other themes.

April 2025 was a historic month for stock markets, which declined rapidly upon President Trump’s announcement of huge international trade tariffs, then rose almost as quickly when he reined back on them.

Our Spring newsletter focusses on the implications from the Chancellors Autumn budget and looks at the changes to Tax from April 2025. We also highlight our Tax Investigation Protection Service. In addition to shining a spotlight on our Apprentices, we find out more about our two new Associates and say, 'arrivederci' to two long serving member of the Team here in Berwick.

Changes to Employee Protection under the Worker Protection Act 2023