Software has made bookkeeping easier. It hasn’t made accounting knowledge automatic — and the first months of MTD for Income Tax are showing us the difference.

New research suggests that many UK SMEs are finding tax bills difficult to manage. But a Corporation Tax problem does not always mean that a company is unprofitable. Often the real problem is the gap between accounting profit and cash in the bank.

From 1 October 2026, Right to Work obligations extend beyond traditional employees for the first time. If your business engages subcontractors, self-employed individuals or outsourced labour, here’s what you need to know before the deadline.

Real and illustrative stories about apparently simple financial decisions — and the details that are easy to miss. A holiday booked through the company, and a dormant company that cost £475 in penalties.