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.

HMRC will soon launch a consultation e-invoicing to promote its broader adoption across UK businesses and government departments.

Show us your artistic flare by taking part in our Christmas competition. Win a set of stunning set of baubles printed with your design.

In a report published by the House Of Commons this week, monthly real GDP is estimated to have shown no growth in July 2024.

First-Time Self Assessment Tax Return Filers Must Notify HMRC by 5 October 2024

This month HM Revenue and Customs (HMRC) announced that it has introduced a digital tool designed to help businesses assess the potential...

The ONS reported this week that CPI inflation for the year ending in July 2024 stands at 2.2%.

On July 31, 2024, the Bank of England's Monetary Policy Committee (MPC) voted to lower the Bank Rate from 5.25% to 5%.

The CBI (Confederation of British Industry) maps out steps the new Government should take in their ‘Business Manifesto’.

Businesses that reach a certain turnover threshold are required to register for VAT with HM Revenue and Customs (HMRC).

The Bank of England has kept interest rates frozen for the seventh consecutive month, despite another decline in inflation.

This week, the Office for National Statistics (ONS) reported that the Consumer Prices Index (CPI) dropped to 2 percent in May, down from 2.3

May 9th 2024: Today the Bank of England reported that they will maintain the current interest rate at 5.25%.

Last week the Office for National Statistics (ONS) reported a further drop in inflation to 3.2% for March 2024.

Happy Easter to all our clients!

Don't forget, from 1st April 2024 UK National Minimum Wage will increase. It 's crucial to ensure your payroll systems are updated to...

On 6th March 2024 the Chancellor, Jeremy Hunt, delivered the Spring Budget. The key announcements, and how they affect you, are...

In an era dominated by e-commerce, online sellers in the United Kingdom find themselves at the forefront of a rapidly evolving digital...

The Bank of England has decided to keep its benchmark interest rate at 5.25%, marking the fourth consecutive time without change....

HM Revenue and Customs (HMRC) disclosed that on Christmas Day 2023, 4,757 customers successfully submitted their Self Assessment tax...

As 2023 comes to a close, we want to express our heartfelt wishes for a Merry Christmas to you and your loved ones! Your support...

The Office for National Statistics (ONS) reported yesterday a significant drop in inflation to 3.9% for November

Now in its eleventh year in the UK, Small Business Saturday has grown significantly year on year. In the aftermath of the pandemic, and...