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Accountancy Blog

Rushtons provide businesses with legally correct and accurate information regarding tax and accountancy to keep them on the right path. Within our accountancy blog you will find a mixture of our company latest news as well as industry specific information you need to be aware of.

20 May 2025

Don’t Miss Out: Parents of Teenagers Need to Extend Child Benefit by 31 August

If you’re a parent of a 16 to 19-year-old who’s staying in full-time education or training, HM Revenue and Customs (HMRC) is reminding families to extend their Child Benefit claim by 31 August to avoid the payments stopping altogether.

19 May 2025

Trade news: Progress, but no big breakthrough

Just as the Bank was cutting rates, the UK government struck a limited tariff deal with the United States. This isn’t a full trade deal (despite some headlines), but it does make it easier to sell certain goods to the US - like cars, steel and aluminium.

16 May 2025

Interest Rates Cut, Trade Talks Shift - What It Means for Your Business

In the last couple of weeks, the Bank of England cut interest rates from 4.5% to 4.25%, and a new ‘trade deal’ was announced between the UK and the US. Let’s see what these news items can tell us about the latest developments in the economy.

13 May 2025

Helping Employees Save on Childcare: What Employers Need to Know

With many families finding out where their child will be starting school this September, now is a good time for working parents to start planning childcare. The government’s Tax-Free Childcare scheme can save them up to £2,000 a year per child – and this could be good news for employers as well as employees.

06 May 2025

Raft of tax administration measures announced: How will these affect businesses and employers?

James Murray, the Exchequer Secretary to the Treasury, made a Written Ministerial Statement last week that included a number of tax simplification, administration and reform measures. In total, 39 measures were announced.

29 Apr 2025

MTD for Income Tax: Less Than a Year to Go

If you're a sole trader or landlord with annual income over £50,000, a major change is coming your way. From 6 April 2026, you may be required to keep digital business records and submit quarterly updates to HM Revenue and Customs (HMRC) under Making Tax Digital (MTD) for Income Tax.

24 Apr 2025

UK Inflation Falls to 2.6% - But What’s Next for Your Business

In a small bit of good news, March’s inflation figures have been released showing a drop to 2.6% from 2.8% in February. The main reason? Lower petrol prices, which has offered some relief for households and businesses alike.

14 Apr 2025

US Tariff Increases: 7 Concerns and What You Can Do About Them

US Tariff Increases: 7 Concerns and What You Can Do About Them

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