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Prior to Andy Burnham’s appointment as Prime Minister and the appointment of John Healey as Chancellor, HMRC published a raft of consultations and policy announcements earlier in the summer at the end of June 2026. The wide-ranging package of consultations and policy announcements was aimed at making the tax system simpler, more digital and, in HMRC’s words, fairer. While many of the proposals are still at consultation stage, they give us an indication of the government’s direction of travel over the next few years.

Andy Burnham’s first days as Prime Minister have been marked by a flurry of announcements designed to show that his new government intends to move quickly, with a few notable announcements for businesses, including VAT and Business rate reductions.

A new report has concluded that late payments and rising costs are crippling Britain’s builders and construction sector and found that firms already in, or at risk of, financial distress make up more than eight in ten companies.

Companies House have introduced identification changes which means that all directors and persons of significant control (PSCs) of limited companies and those who file on behalf of companies, will need to verify their identity in the UK.

Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) is coming into effect from April 2026. We have sent direct information to our clients that we believe will fall into the thresholds where they will need to change how they work from April 2026.

Starting your own business is one of the most rewarding things you can do. It gives you control over your future and almost limitless possibilities. But many business owners focus exclusively on growing their company, whilst neglecting the basics of financial planning…