Over 860,000 sole traders and landlords must switch to digital tax reporting by April 2026 under Making Tax Digital for Income Tax. Learn who is affected, what’s changing, and how to prepare now to stay compliant and avoid last-minute pressure.

The latest inflation figures from the ONS for November 2025 offer a clear overview of the UK economy as we start 2026.

The deadline for submitting your Self-Assessment return online and paying any tax due for the 2024–2025 tax year is 31 January 2026.

Celebrate your small business in The Small Awards 2026. Free to enter, the awards recognise innovation, community impact, and excellence across a range of UK business categories.

Today the Bank of England’s Monetary Policy Committee voted to reduce the base interest rate from 4% to 3.75%, bringing borrowing costs to their lowest level in almost three years.

Key payroll updates from HMRC - what employers need to know for 2026.

From everyone at Styles & Associates, we’d like to wish our clients a very happy Christmas and a successful New Year.

On the 19th of November the Office for National Statistics (ONS) released its inflation figures for October 2025, and there is some cautious good news in the mix for business.

An overview of the Autumn Budget 2025 and what is means for you.

HMRC has added a new exemption route from MTD for Income Tax (ITSA) for the digitally excluded. Learn the criteria, who can apply (landlords/self-employed), and the key steps to seek relief from digital record-keeping.

UK inflation holds steady at 3.8% for the third month in a row in September 2025, according to the latest ONS data. Get the full analysis here. (159 characters)

The countdown is on - there are now just 100 days until the Self-Assessment deadline on 31st January 2026.

HMRC allows the High-Income Child Benefit Charge (£60k–£80k earners) to be collected via PAYE, cutting the need for Self-Assessment.

The UK Government has confirmed that both the National Minimum Wage (NMW) and National Living Wage (NLW) will rise again in April 2026

If you need to complete a self-assessment tax return for the first time, the deadline to let HMRC know is fast approaching.

Starting 1 September 2025, HMRC is introducing a significant shift in how company car users are reimbursed for electric vehicle mileage

From September 2025, HMRC has updated its advisory fuel rates (AFRs) for company cars.

Earlier this month, the Bank of England's Monetary Policy Committee (MPC) voted to reduce the Bank Rate by 0.25 percentage points to 4%, the lowest level since March 2023.

If you're registered for Self Assessment, the July 31, 2025 deadline for your second payment on account is today.

This week the ONS reported that inflation rose in June; standard CPI increased to 3.6% from 3.4%

At the end of last month the ONS (Office For National Statistics) reported that inflation Consumer Prices Index (CPI) slowed from 3.5% to 3.4% year-on-year, with a modest 0.2% monthly rise.

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is fast approaching. Are you ready?

On June 19, 2025, the Bank of England’s Monetary Policy Committee (MPC) announced that it will maintain the bank rate at 4.25%, voted by majority.

7 Ways Small Businesses Can Improve Online Security on a Budget - You don’t need to be a tech expert or spend a fortune to protect your business.

Last week, Brittany and Ella from the Styles & Associates team, had the opportunity to attend Accountex in London

From April 2026, Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) becomes mandatory for sole traders and landlords earning over £50,000.

How will the US trade tariffs effect small business in the UK? Read our latest article.

The UK government announced plans last month to raise the Income Tax Self Assessment (ITSA) reporting threshold for trading income from £1,000 to £3,000.

On 26th March 2025 the Chancellor, Rachel Reeves delivered the Spring Statement. Read our summary.

HM Revenue & Customs (HMRC) is launching a new escalation service to assist tax agents with persistent PAYE & Self-Assessment issues.

Effective April 1, 2025, the United Kingdom will implement increases to both the National Living Wage (NLW) and the National Minimum Wage (N

As of March 2025, HMRC has updated its advisory fuel rates (AFRs) for company car users.

Limited-time opportunity to top up missing contributions before April 5, 2025.

At its meeting on 5th Feb 2025, the Monetary Policy Committee voted to reduce the Bank Rate by 0.25 percentage points to 4.5%

HM Revenue and Customs (HMRC) informed payroll software developers of an increase in NICs Comp for child-related statutory payments.

Is it cheaper to have a company car or van? A guide for the self employed.

This week, the Office for National Statistics (ONS) reported a decline in UK inflation to 2.5%, a decrease of 0.1% from the previous month.

Employer strategies for the National Insurance Increase April 2025

The government outlined plans to permanently reduce business rates for retail, hospitality, and leisure properties starting in 2026.

This year, the teams at Mascolo & Styles and Styles & Associates came together to support a cause close to our hearts. We proudly donated...

We’ve been blown away by the creativity in this year’s bauble competition. Here are our winners!

This week, Brittany has been diving into some sessions at the Accountex Virtual Summit—a testament to her commitment to CPD.

The UK inflation rate rose to 2.3% in October 2024, up from 1.7% in September, according to the Office for National Statistics (ONS).

At its meeting on November 6th 2024, the MPC voted 8–1 to lower the Bank Rate by 0.25 percentage points to 4.75%.

Key points of the Autumn Budget 2024 and how they affect you.

The government is planning to consult on tough new laws aimed at holding larger firms accountable for late payments.

Laws for Vehicle Tax on Electric and Low Emission Vehicles in 2025

The overall Consumer Prices Index (CPI) dropped to 1.7% in September, down from 2.2% in August.

A Unique Taxpayer Reference (UTR) number is a 10-digit code issued by HM Revenue and Customs (HMRC) in the UK.

At this year's Macmillan Coffee Morning, the Styles & Associates team raised over £128 for cancer care.