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Styles & Associates
Oct 31, 20222 min read
Inflation increase
According to the Office for National Statistics (ONS) the rate of inflation rose to 10.1% in September 2022 as the economy felt the...
Styles & Associates
Oct 26, 20222 min read
FCA reports that 8 million are struggling with bills
Research by the Financial Conduct Authority (FCA) has found 7.8 million UK adults are struggling to keep up with their bills, an increase...
Styles & Associates
Oct 26, 20221 min read
Autumn Statement Delayed
On his first day in office the new Prime Minister, Rishi Sunak, has delayed the autumn statement which was expected on October 31. The...
Styles & Associates
Oct 24, 20223 min read
Business groups respond to announcement of new Prime Minister.
This week the Confederation of British Industry (CBI) responded to the announcement of new Prime Minister, Rishi Sunak. “Congratulations...
Styles & Associates
Oct 23, 20221 min read
Self Assessment deadline
HMRC have issued a reminder to taxpayers that the self assessment deadline is approaching. Self Assessment taxpayers have until 31...
Styles & Associates
Oct 13, 20221 min read
Macmillan - World's Biggest Coffee Morning 2022
It has become an annual favourite at Styles & Associates. This year our bakers raised £69.80 for Macmillan Cancer Support. We teamed up...
Styles & Associates
Oct 13, 20221 min read
HMRC raises late payment interest from 11 October 2022
Following the Monetary Policy Committee decision to increase the Bank of England base rate to 2.25%, HMRC announced increases to both...
Styles & Associates
Oct 13, 20222 min read
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 3, 20221 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
Sep 26, 20222 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 22, 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
Aug 31, 20222 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
Jul 20, 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, 20221 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 7, 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, 20222 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 6, 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
Jun 9, 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 1, 20221 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
May 26, 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...