Key Tax Changes Business Owners Should Be Aware of for the 2026/27 Tax Year
As the 2026/27 tax year begins on 6 April 2026, several tax changes and continuing measures may affect how business owners extract profits and plan their finances. Reviewing these changes early can help avoid surprises and allow time to adjust remuneration strategies where necessary. One of the most notable changes is an increase in dividend […]
Bookkeeping Software Setup: Sole Traders vs Limited Companies
Online bookkeeping software such as Xero, QuickBooks and QuickFile can significantly improve record keeping for small businesses. However, the benefits of these platforms depend heavily on how they are set up at the outset — particularly whether the business operates as a sole trader or a limited company. Today’s software solutions also come with a […]
Year-Round Tax Planning for Small Businesses in 2026
For many small businesses, tax planning is often left until deadlines approach. However, taking a year-round approach to tax planning can provide greater clarity, improved cash flow management and fewer surprises when payments fall due. This remains especially relevant for small businesses across the UK, including those based in York. Understanding key tax obligations early […]