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HMRC to close their online accounts and tax filing service

HMRC have issued guidance confirming that from 31 March 2026 their online filing service for company accounts and tax returns will close.

Side hustle sales threshold raised to £3,000

Further information has been released by the Government on the increase in the trading allowance rate and when this will come into effect, but beware; the £3,000 is not a tax relief increase, only an administrative increase.

Check-out time looms for FHL tax regime

Further to our article in December 2024 and with the tax regime for furnished holiday lettings ending in April 2025, there are practical issues that affected property owners need to know about.

Global Market Commentary – February 2025

2025 has been a mixed year, so far. The winners of 2023 and 2024 are not currently faring so well, with US stocks lagging behind Europe and the UK as the “Magnificent 7” technology companies decline in value.

Tax Investigation Service

It is widely anticipated that HMRC enquiry levels will start to increase in the coming months as the new Government continue to face budgetary pressures.  Therefore, if you do not currently have cover, we suggest you give this service some consideration.

National Apprenticeship Week

National Apprenticeship Week 10-16 February 2025 This week is National Apprenticeship Week #NAW2025 and we caught up with Richard Ayre…

Global Market Commentary – January 2025

A Rollercoaster Start to the Year -
2025 has begun with the market’s focus flipping between different topics at a lightning pace. Firstly, government bond yields spiked higher and created alarm about budget deficits. However, lower inflation data made those fears subside and led to a strong rally...

Two new Associates welcomed at Greaves West & Ayre

We are delighted to announce two new Associates within Greaves West & Ayre. Carron McEwen and Neil Robertson took up their positions within the Practice on 16 December 2024.

Global Market Commentary – New Year’s Review

We are at a point in time where US stocks are dominating all others, in terms of both their outright size and the strength of their returns. In 2024, the MSCI USA index gained 24.6%, almost double the 12.4% return achieved by the rest of the world (MSCI World ex-USA). However, 2025 does bring a mixed outlook for unemployment and inflation, in the US and elsewhere, therefore it will be interesting to see if investment returns can remain so strong in the coming year.

Successful Autumn Rural Seminars

Greaves West & Ayre recently held two successful and well-attended Port Budget Rural Seminars.

Community and Staff News

Community News –  We are always delighted to get involved with a wide variety of community events…

Payroll Changes

Attention! An important change in legislation will be taking affect in April 2026 which will affect payroll processes.