Filter by business size, industry, and location to find relevant funding opportunities for your business. Explore the latest financial support at – gov.uk/business-finance-support

The Making Tax Digital income tax threshold will drop to £20,000 from April 2028! Key changes include: • First mandated returns due January 2028 • New exemptions for power of attorney holders and foreign entertainers • Temporary deferrals for ministers of religion and Lloyd’s underwriters • No HMRC online service – third-party software required for…

Their key concerns: • SMEs repaying debt at 20 times pre-pandemic levels • Net lending fell by £7 billion last year • Loan approval rates dropped from 67% in 2019 to below 50% today • High street banks increased lending by 13%, but access remains difficult

Your next career move is just a train ride away. Here at Hunts in Sherborne, we’re always looking for talented accountants to join our growing team. With direct trains from Salisbury (41 mins) and Exeter (1hr 10mins), your new opportunity could be closer than you think. Find out more – https://www.huntsaccountants.co.uk/#recruitment

The UK government has revolutionised small business procurement with their new ‘Find a Tender’ service (February 2025). SMEs can now access £300 billion in public sector contracts through a simplified system that reduces administrative burden. Submit your details just once, compete effectively with larger companies, and benefit from local council opportunities specifically reserved for small…

Don’t miss the critical April 2025 deadline for filling National Insurance contribution gaps! Until then, UK taxpayers can backdate payments to 2006/07, potentially adding thousands to your state pension. After April, this opportunity vanishes—you’ll only be able to fill gaps from the previous 6 years. Missing National Insurance contributions can significantly reduce your retirement income….

An estimated 1.1 million taxpayers missed the January 31st deadline – now facing automatic £100 penalties!

With the numerous increases to interest rates recently, cashflow may be under pressure to finance debt. If this is an issue for your business, or will be with debt renewals coming up, then it may be worth looking at the Recovery Loan Scheme. Initially the scheme was introduced to help businesses recover after the pandemic….

In recent news, you may have seen that The Department for Work and Pensions has set a 2023 deadline for certain contributions to be made.

With the end of the personal tax year fast approaching, we have been asked by a number of clients whether it’s worth purchasing electric company cars. As this is an option for many businesses, we have put together an outline of the tax implications below: Benefit in kind ratesFrom 6 April 2020, HMRC have introduced benefit…