News
Read all the latest news from Cunningtons Accountants

Autumn Budget 2025
We have provided an overview of the Autumn Budget 2025 which you can download here.

Making Tax Digital (MTD) Registration Guide for Sole Traders and Landlords
Executive Summary From 6 April 2026, sole traders and landlords with income over £50,000 must keep digital tax records and send quarterly updates to HMRC

Could Your Child Be Sitting on £2,000 Without Knowing It?
New figures show that more than 750,000 young people haven’t claimed their matured Child Trust Funds

Winter Fuel Payment Clawback
The Winter Fuel Payment is a UK government scheme that provides financial support tohelp older people pay their heating bills during the winter months.

US De Minimis Exemption Changes: What UK Exporters and Small Businesses Need to Know
From August 29, 2025, the United States will remove its de minimis exemption for low-value imports — a decision set to affect thousands of UK exporters and small e-commerce businesses.

Should You Own a Property Through a Company or Personally?
If you’re considering buying a property, especially as an investment, one of the key decisions you’ll face is whether to hold it personally or through a limited company. This choice can have long-term tax, financial, and administrative implications, and there’s no one-size-fits-all answer.

When is Diversification a Good Business Strategy?
It’s long been said that putting all your eggs in one basket is risky. Many small business owners may fear that risk of becoming a reality.

Making Tax Digital for Income Tax – FAQs
Making Tax Digital for Income Tax (MTD for IT) will be introduced from 6 April 2026. Below are some frequently asked questions and answers.

Making Tax Digital for Income Tax regime extended to smaller businesses
The Spring Statement announced that Making Tax Digital for Income Tax (MTD for IT) regime will be further extended to smaller businesses.

Identity verification coming to Companies House
As part of the changes being gradually introduced by the Economic Crime and Corporate Transparency Act (ECCT), identity verification is set to become a Companies House requirement.

The Spring Statement 2025
Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025.

Business Rates Relief confirmed for 2025/26
A letter from the government’s Non-Domestic Rates Team to councils has confirmed the Business Rates Relief measures for 2025/26 announced at the 2024 Autumn Budget.

Would you benefit from a top up contribution to your State Pension?
HM Revenue and Customs (HMRC) have revealed that 37,000 people have plugged gaps in their National Insurance (NI) record since last April, boosting the amount

Reviewing your business goals for the New Year
January marks a time of new beginnings, and for business owners, it’s the perfect opportunity to pause, reflect, and plan ahead.

Agricultural and business property relief: What happened in the Budget?
Changes to inheritance tax were announced in the Budget that have caused consternation to farmers and business owners across the UK.

A guide to the Autumn Budget 2024
The headline message from the Chancellor The Chancellor delivered her long-awaited Budget highlighting reform of tax systems, public spending and tax increases, including Employers’ NIC.

Why business owners should start using KPIs to drive success
As a small business owner, it’s easy to get caught up in the day-to-day operations and miss the bigger picture.

Evaluating a business idea: A guide for aspiring entrepreneurs
Every successful business begins with a compelling idea, but not all ideas translate into viable businesses.

Abolishment of Furnished holiday lettings tax regime confirmed
HM Revenue and Customs (HMRC) have published draft legislation and a policy paper outlining the proposal for the abolition of the furnished holiday lettings (FHL)

How Might The Election result Impact your tax bill?
The election results are in and the Labour party won the country’s mandate to form a new parliament.