Category: Virtual Support

The recent Budget confirmed that dividend tax rates will rise from April 2026, with both the ordinary and upper dividend rates increasing by 2%.

The start of a new year often brings clarity. Christmas creates space – to step back, reflect, and make quiet promises to ourselves about how we want the year ahead to feel.

Running your own company has always been a balancing act – freedom and responsibility, opportunity and risk, ambition and reality. And for many owner-operated businesses, that balance is shifting again.

The Autumn Budget quietly delivered one of the biggest digital shifts we’ve seen since the introduction of Making Tax Digital (MTD): electronic invoicing will become mandatory for all VAT-registered businesses from 2029.

From April 2027, employers in the UK must process most taxable benefits-in-kind (BiKs) via payroll rather than only relying on end-of-year forms.

Many small business owners know the feeling – late evenings spent staring at spreadsheets, cross-checking bank statements, or trying to remember what that card payment in March was for.

From April next year, millions of pensioners across the UK are set to receive a welcome rise in their state pension – potentially worth more than £500 a year.

If you’re a landlord or sole trader who’s always kept good records in a spreadsheet, you might be wondering: Do I really need to switch to cloud accounting software for Making Tax Digital (MTD)?

Team BBQs, away days and summer get-togethers can be great for morale, but they can also quietly land your employees with an unexpected tax charge.

With the upcoming changes under Making Tax Digital for Income Tax (MTD for IT), there’s been a lot of discussion around how jointly owned property will be treated, especially considering the core principles of independent taxation.