Latest News & Insights
Every month we publish the latest news, government changes and insights into accounting and financial services.
Joseph Hersom
Director
Keeping up with the latest information is essential for both business and personal finances. I publish information and updates on the latest rules and regulations as well as tips to help you understand taxation and financial planning.
My videos help explain quickly and easily to help guide you through steps for all your requirements for planning ahead and avoid any pitfalls.
Starting the Year Right: Financial Checks Every Business Should Complete in January
The start of a new year is the perfect time to review your business finances and put strong foundations in place. Taking proactive steps in January can prevent problems later, improve cash flow, and set you up for a more profitable and organised year. Whether you are a small business owner, contractor, or managing multiple […]
The January Tax Deadline Explained: What Businesses Need to Do Before 31 January
The 31 January tax deadline is one of the most important dates in the UK financial calendar, yet many businesses still underestimate how much preparation it requires. Missing it can lead to penalties, interest charges, and unnecessary pressure at the very start of the year. Whether you’re self-employed, a company director, or managing multiple income […]
Year-End Numbers That Matter: What Your 2025 Accounts Are Really Telling You
As the year draws to a close, many business owners look at their year-end accounts purely as a compliance task. But in reality, your numbers tell a much bigger story — one that can shape your strategy for the year ahead. Understanding profitability, cash flow trends and cost pressures allows you to move beyond “how […]
Lessons from 2025: Financial Wins, Mistakes and What Smart Businesses Will Do Differently
As the year comes to a close, it’s an ideal time for business owners to step back and reflect on the financial decisions that shaped performance in 2025. For many UK SMEs, the year has highlighted the importance of adaptability, visibility and proactive planning. Rising operating costs, evolving compliance requirements and ongoing cash flow pressures […]
Before You Switch Off for Christmas: 7 Financial Checks Every SME Should Complete
December is often one of the busiest months of the year for business owners. Between client deadlines, staff holidays and planning for the new year, finances can easily slip down the priority list. However, taking time to complete a few key financial checks before Christmas can make a significant difference to how smoothly your business […]
Construction Year-End Review: How Profitable Was Your Business Really in 2025?
For construction businesses, year-end reviews are about far more than turnover. True profitability depends on how well costs are controlled, projects are managed and cash flow is maintained across the year. With rising material costs, labour shortages and complex VAT rules, many construction firms are discovering that strong headline figures don’t always tell the full […]
Construction Sector Outlook for 2026: Forecasts, Financial Risks and Opportunities
The construction industry is entering a period of transformation. While 2025 brought challenges in material costs and labour availability, 2026 is expected to bring a mix of new opportunities and financial risks. Understanding these trends early can help construction firms maintain profitability and prepare for growth. As a specialist chartered accountant for construction businesses, Beckett […]
How Rising Operating Costs Are Affecting SMEs in 2026 — and What You Can Do Today
Operating costs continue to rise across the UK, and SMEs are feeling the pressure. With inflation impacting energy prices, salaries, materials, and transport, businesses must take proactive steps to protect profitability as we approach 2026. Partnering with a chartered accountant can provide the clarity and financial structure needed to navigate these challenges effectively. At Beckett […]
What the 2026 Tax Landscape Means for SMEs: Early Insights You Shouldn’t Ignore
What the 2026 Tax Landscape Means for SMEs: Early Insights You Shouldn’t Ignore Although 2026 may feel far away, the tax landscape is already shifting—and SMEs that prepare early will benefit the most. Tax regulation updates, digitalisation changes, and evolving compliance requirements are all on the horizon. Understanding these developments now can protect your business […]
Winter-Proof Your Business Finances: Strategic Steps to Avoid a December Cash Crunch
December can be one of the most financially challenging months for UK businesses. Seasonal slowdowns, rising operational costs, and end-of-year obligations often create cash flow pressure at the worst possible time. With careful planning, however, you can protect your business and start the new year on strong financial footing. As a small business, keeping cash […]
Why Your Business Should Start 2026 Tax Planning Now
As 2025 draws to a close, now is the ideal time for business owners to think ahead to the next tax year. Early tax planning isn’t just about avoiding last-minute stress — it’s about making strategic financial decisions that can save money, improve cash flow, and position your business for growth in 2026. By taking […]
Digital Accounting in 2026: How AI and Automation Are Reshaping Small Business Finance
The world of accounting is changing rapidly, and 2026 is shaping up to be a landmark year for digital transformation. Artificial intelligence (AI) and automation are revolutionising how small businesses manage their finances — from automating invoices and payroll to generating real-time insights into performance. These technologies can save time, reduce errors, and improve efficiency. […]