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.

Spring Cleaning Your Finances

Spring Cleaning Your Finances: Essential Tips for Small Businesses

As the days get longer and the weather warms up, spring is the perfect time for a fresh start. For small businesses, this means spring cleaning your finances. Just as you would tidy up your home, it’s essential to organize your financial records and ensure your business is financially healthy for the months ahead. As […]

Understanding VAT

Understanding VAT: Common Mistakes and How to Avoid Them

Value Added Tax (VAT) can be a complex area for small businesses, and making mistakes can lead to unnecessary costs and penalties. For businesses based in Basildon and Essex, staying compliant with VAT regulations is essential to maintaining smooth operations and avoiding trouble with HMRC. As a leading chartered accountant in Basildon, Essex, we understand […]

Role of Chartered Accountants in Construction

The Role of Chartered Accountants in Construction: Why You Need Expert Financial Support

In the construction industry, managing finances can be a complex and time-consuming task. With the numerous moving parts of each project—from labour costs to materials and subcontractors—it’s easy for things to slip through the cracks. This is where a chartered accountant can play a vital role in ensuring your construction business stays financially healthy and […]

Construction Tax Regulations

How to Stay Compliant with Construction Tax Regulations in 2025

The construction industry faces complex tax regulations that businesses must navigate to stay compliant and avoid costly penalties. With frequent updates to tax laws, understanding your obligations in 2025 is essential for financial stability. As a leading chartered accounting company, we help construction businesses manage tax compliance efficiently. Here’s how you can stay on top […]

5 Accounting Habits Blog

5 Accounting Habits of Highly Successful Businesses

Strong accounting practices are the foundation of any thriving business. By keeping finances organised, tracking performance, and planning ahead, successful businesses stay ahead of the competition and make smarter decisions. Here are five accounting habits that set highly successful businesses apart—and how you can adopt them. Regularly Monitor Cash Flow Cash flow is the lifeblood […]

How New Tax Rules Will Impact Businesses in 2025 Blog

How New Tax Rules Will Impact Businesses in 2025

The start of a new year often brings updates to tax regulations, and 2025 is no different. These changes can significantly affect businesses across the UK, impacting everything from cash flow to compliance. Understanding how new tax rules apply to your business is crucial for planning and staying ahead. Here’s a look at some of […]

Common Tax Filing Mistakes to Avoid This Year Blog

Common Tax Filing Mistakes to Avoid This Year

Filing taxes can be stressful, especially when trying to meet deadlines and avoid penalties. Many individuals and businesses make mistakes that can lead to delays, fines, or even HMRC investigations. To help you navigate tax season smoothly, here are some of the most common tax filing mistakes to avoid in 2025. Missing Deadlines   One […]

Key Tax Deadlines Blog

Key Tax Deadlines for 2025: Don’t Miss These Date

The new year always starts off strong in the world of accounting, with our first major deadline at the end of January, but the self assessment tax return deadline isn’t the only deadline you need to keep on top of this year. Missing important dates can lead to penalties, interest charges, and unnecessary stress. To […]

Top Tax-Saving Strategies to Implement Before the New Financial Year

Top Tax-Saving Strategies to Implement Before the New Financial Year

As the new year rolls in, its time to start thinking about the current financial year coming to a close, now is the perfect time for business owners to implement effective tax-saving strategies. Proactive planning can significantly reduce your tax bill while keeping your business compliant. Here are some of the top tax-saving methods to […]

5 Financial Resolutions for Business Owners in 2025

New Year, New Finances: 5 Financial Resolutions for Business Owners in 2025

As we step into 2025, it’s the perfect time for business owners to reflect, reset, and set financial goals for the year ahead. Taking charge of your finances now can lead to smoother operations, better cash flow, and long-term growth. Here are 5 practical financial resolutions you can make—and how Beckett Taylor can help you […]

Why Financial Forecasting Should Be Your Business’s Priority in 2025

Why Financial Forecasting Should Be Your Business’s Priority in 2025

In today’s fast-paced business world, staying ahead means planning ahead. Financial forecasting is a powerful tool that allows business owners to make informed decisions, manage cash flow effectively, and achieve their growth goals. As we enter 2025, prioritizing financial forecasting can set your business up for long-term success. Here’s why it’s essential—and how Beckett Taylor […]

Your Ultimate Guide to SelfAssessment Tax Returns

Your Ultimate Guide to Self-Assessment Tax Returns

Everything You Need to Know Before 31 January As the January 31st deadline for self-assessment tax returns looms large, many people find themselves scrambling to file their returns on time. Whether you’re a freelancer, contractor, or small business owner, it’s essential to stay on top of your tax responsibilities to avoid penalties and interest. This […]