Blog - Holeys

01-10-2025

New shareholder dividend reporting requirements are fast approaching

The 2025/26 financial year will bring new reporting requirements for UK resident directors of close companies, who are required to file a Self-Assessment tax return. HM Revenue

01-10-2025

The dangers of non-compliance with the new Companies House ID verification

From 18 November 2025, identity verification will be mandatory for company directors, members of LLPs and Persons with Significant Control (PSCs). Companies House will not be prosecuting

01-10-2025

Big changes are coming to FRS 102 – How can you prepare?

From January 2026, FRS 102 is going to be changing in a significant way and businesses need to be ready. Any business that prepares accounts under UK

01-10-2025

Eight in 10 small business owners have no exit plan – Do you?

A recent survey by Capital on Tap revealed that 79 per cent of small business owners do not have an exit plan. The survey highlighted a mix

01-10-2025

Making Tax Digital – Understanding the new penalty regime

With just six months to go before the first round of Making Tax Digital (MTD) for Income Tax gets rolled out, many sole traders are still not

As the UK economy continues to be held back by the anticipation of the Autumn Budget, it can feel like many businesses are not able to invest or grow at the moment.

01-10-2025

Are SMEs making the most of the British Business Bank Debt Funds programme?

As the UK economy continues to be held back by the anticipation of the Autumn Budget, it can feel like many businesses are not able to invest

25-09-2025

What Sole Traders need to know about tax

If you are about to start your business or are currently running a small business, it is important that you understand your tax obligations and when you

24-09-2025

Should businesses prepare for AI to inspect their finances?

AI is rapidly becoming a part of every aspect of life and business and you may have been implementing your own AI services to make life easier.

18-09-2025

Inflation stays at 3.8 per cent: Is this good or bad for businesses?

For the second consecutive month, inflation in the UK has stayed at 3.8 per cent which effectively means general costs have stayed at the same price. However,

17-09-2025

Fewer workers but higher wages – Is this what the UK job market looks like now?

There’s plenty of pessimism about the UK jobs market at the moment, but not every change is a bad omen. With the Autumn Budget still two months

11-09-2025

HMRC confirms new measures for PAYE pension tax relief claims

The way pay-as-you-earn (PAYE) taxpayers can make a pension tax relief claim has changed with HM Revenue and Customs (HMRC) confirming all claims must be made online

10-09-2025

Beware the scourge of social media tax influencers – How to keep your business safe from bad tax advice

Given the major changes to Companies House, Making Tax Digital (MTD), and various other regulations in a short space of time, it is no wonder that business