Most business plans assume that things will broadly go according to plan. Unfortunately, customers, suppliers and the economy do not always cooperate. One useful exercise is therefore to ask what would happen if sales unexpectedly fell by 10%. The answer may be reassuring. Alternatively, it…
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Is your business relying on the wrong numbers?
Modern accounting software can give business owners access to financial information almost instantly. That does not necessarily mean they are looking at the right information. A dashboard containing turnover, bank balance and profit can be useful, but these figures may tell only part of the…
Tax diary October/November 2026
1 October 2026 - Corporation Tax payment is due for companies with an accounting period ending 31 December 2025, unless the company is required to make quarterly instalment payments. 5 October 2026 - Deadline for notifying HMRC of a new liability to Income Tax or…
New self-assessment registration service launched
HMRC has launched an improved online service to make it easier for individuals to register for self-assessment. Anyone who needs to submit a tax return for the first time for the 2025-26 tax year should notify HMRC by 5 October 2026 to avoid a potential…