Practical, plain-English guidance on audit, tax, VAT, accounts and advisory — written by our chartered accountants.
1224 articles · page 16 of 102
Paternity leave in the UK is 1 or 2 weeks , taken as a single block or as two separate weeks, at any point in the 52 weeks after the birth . For babies born on or after 6 April 2026 it is a…
Read articleA Simple Assessment is a tax bill that HMRC works out for you, without a tax return, when you owe Income Tax it cannot collect through your tax code. The letter is known as a PA302 . For the…
Read articleA business loan is a sum borrowed for business purposes and repaid with interest over an agreed term. In the UK the main government-backed options in 2026 are the Start Up Loan (£500 to £25,000 at…
Read articleEx gratia is Latin for "by favour". An ex gratia payment is one made voluntarily, with no legal or contractual obligation to make it. In UK employment it usually means a goodwill payment to a…
Read articleAn AI policy is a short internal document that sets out which AI tools your staff may use, for which tasks, with what data, and who checks the results. The policy is how you show you are meeting…
Read articleThe UK Sustainability Reporting Standards are UK SRS S1 (general sustainability-related disclosures) and UK SRS S2 (climate-related disclosures), published by the government on 25 February 2026 .…
Read articleA PAYE reference is the number HMRC uses to identify an employer's payroll scheme. The employer PAYE reference has two parts: a 3-digit HMRC office number , a slash, and then a combination of…
Read articleThe Black-Scholes model is a formula for the fair value of a European-style option, meaning one that can only be exercised at the end of its life. It uses six inputs: the current share price , the…
Read articleA Lifetime ISA (LISA) lets you save up to £4,000 a year and get a 25% government bonus , worth up to £1,000 a year , towards your first home or for later life. You must be 18 or over but under 40…
Read articleInheritance tax on an estate is paid by the executors or administrators (the personal representatives) , out of the estate's own money, before the beneficiaries receive their shares. Beneficiaries…
Read articleIn the UK, a "certificate of good standing" is a Companies House company certificate that includes a summary statement , the wording Companies House previously called the good standing statement.…
Read articleThe GB EORI checker is HMRC's free online service at tax.service.gov.uk/check-eori-number . You enter an EORI number beginning GB , and it tells you whether the number is valid . If the holder has…
Read articleTell us what you need. Within one business day, a qualified accountant will be in touch to talk it through and give you a clear, fixed-fee quote — no obligation.
Fill this in and we'll come back to you within one business day.
A qualified accountant will be in touch within one business day. Prefer to talk now? Call 020 8567 3451.
