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Read all the latest news from Cunningtons Accountants

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.

June Tax Summary
A roundup of tax dates and deadlines to be aware of for the month of June 2024

Hybrid working – what counts as a business journey for tax purposes?
Understanding what constitutes a business journey for tax purposes in the era of hybrid working is crucial. HM Revenue and Customs (HMRC) has recently updated

Are training costs tax deductible for the self-employed?
HM Revenue & Customs have recently updated and clarified their guidance on training costs paid by the self-employed. The general rule for whether the cost

A Guide to the Spring Budget 2024
The headline message from the Chancellor The Chancellor delivered his last spring budget ahead of the election highlighting reforms aimed to ensure the tax system

Navigating recession: Key considerations for your business
The Office of National Statistics released official figures last week showing the UK is now officially in recession. Gross domestic product (GDP) for the October

Minimum wage rates increase from 1 April 2024
Employers should be aware that all minimum wage rates increase on 1 April of each year. For 2024, these increases are substantial. The increases apply

Changes to UK company law
The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023 and will introduce a number of changes over the next few

A guide to the Autumn Statement 2023
The headline message from the Chancellor: The Chancellor delivered his Autumn Statement for Growth aimed at building a stronger and more resilient economy. He highlighted

Do you have a side income?
Do you have a side income? If you do then you are probably aware of the requirement to disclose this on your Self-Assessment tax return.

Is Your Business Registered with The Information Commissioner’s Office?
Is Your Business Registered with The Information Commissioner’s Office? The Information commissioner is an independent body set up to uphold information rights. Data Protection Regulations

Workplace Charging Scheme
Workplace Charging Scheme The aim of the Workplace charging Scheme is to help with the transition to electric vehicles by accelerating the provision of chargepoints