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UK SMEs struggling to manage digital services
This month the British Chambers of Commerce (BCC) reported that 37% of small and medium enterprises (SMEs) believe they lack capacity to...

Styles & Associates
Oct 13, 20222 min read


Government U-turn on plan to scrap 45p top rate of income tax
The government has reversed the decision to abolish the 45% top rate of income tax announced in the mini budget due to the negative...

Styles & Associates
Oct 3, 20221 min read


Sept 2022 Mini Budget
On Friday Chancellor Kwasi Kwarteng unveiled a "mini-Budget" where he reduced national insurance, income tax and stamp duty. The...

Styles & Associates
Sep 26, 20222 min read


Energy Bill Relief Scheme
The government has announced the launch of the Energy Bill Relief Scheme for businesses. It will give businesses a discount on energy...

Styles & Associates
Sep 22, 20223 min read


HMRC releases details MTD for Income Tax
HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders...

Styles & Associates
Aug 31, 20222 min read


Treasury announces it will regulate some forms of cryptocurrency
Earlier this year the Treasury announced that it plans to validate stablecoins as a recognised form of payment. This will be part of a...

Styles & Associates
Jul 20, 20222 min read


Final Exam Passed
We are sad to say this is the last post about Brittany’s achievements for now – because she has passed the final exam on her ACCA...

Styles & Associates
Jul 20, 20221 min read


Withdrawal of paper £20 and £50 banknotes
After 30 September 2022, The Bank of England will be withdrawing legal tender status of paper £20 and £50 banknotes. In a press release...

Styles & Associates
Jul 7, 20221 min read


MTD for income tax pilot extended
The pilot for Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is being extended by HMRC to more self-employed workers and...

Styles & Associates
Jul 7, 20222 min read


Recovery Loan Scheme Extended
This month the Recovery Loan Scheme (RLS) will be relaunched as the government aims to continue supporting recovering small businesses....

Styles & Associates
Jul 6, 20222 min read


Chancellor announces windfall tax on energy firms
Chancellor Rishi Sunak announced that a windfall tax will be imposed on energy firms alongside a package to help households with the...

Styles & Associates
Jun 9, 20222 min read


Inflation hits 40 year high
According to the latest figures from the Office for National Statistics (ONS), inflation has hit its highest level in 40 years. Last...

Styles & Associates
Jun 1, 20221 min read


Double Celebration At Bushy Leaze!
Earlier in the year we announced our chosen charity for 2022 - Bushy Leaze Children and Families Centre. Today we were thrilled to be...

Styles & Associates
May 26, 20221 min read


New HMRC one-stop online shop provides taxpayers with tax relief information
HMRC has launched a new one-stop online shop designed to provide taxpayers with information on the tax reliefs and financial help...

Styles & Associates
May 19, 20221 min read


Advanced Financial Management Exam
Congratulations To Brittany We are thrilled to announce she has done it again! Brittany has passed the Advanced Financial Management...

Styles & Associates
May 10, 20221 min read


The Fund Raising Begins
This month we ran an in-house competition to win a ‘Duvet Day’. The wonderful team from Styles & Associates managed to raise £220 for...

Styles & Associates
Apr 28, 20221 min read


Student loan repayments level lowered to £25,000
The value of outstanding student loans at the end of March 2021 reached £161 billion and it is forecast to rise to half a trillion pounds...

Styles & Associates
Apr 12, 20221 min read


Making Tax Digital April 22
From 1 April 2022 all VAT registered businesses must adhere to the Making Tax Digital rules, whatever they earn. Making Tax Digital is a...

Styles & Associates
Apr 12, 20221 min read


Bank Rate increased to 0.75%
The Bank of England has announced that interest rate will be increased from 0.5% to 0.75% the third consecutive increase. The Bank of...

Styles & Associates
Mar 31, 20221 min read


Spring Statement 2022
Chancellor announces tax cuts With cost of living prices rising 6.2% in the 12 months to February 2022 chancellor Rishi Sunak delivered a...

Styles & Associates
Mar 24, 20222 min read



