News from butterworths

January 12, 2026

Starting 2026 with a Clear Plan for Your Business and Yourself

The start of a new year is a natural moment to take stock of your business. You probably have ambitions for your business, but you also want it to help you reach your personal goals.
January 5, 2026

HMRC warns of rising Self Assessment scams ahead of January deadline

HM Revenue & Customs (HMRC) has issued a warning about scams ahead of the 31 January Self Assessment deadline.
January 21, 2026

Spring Statement news: Public spending cuts likely

News reported last week said that the Chancellor has put together draft plans for spending cuts to welfare and other government departments.
January 21, 2026

Chancellor encourages investment in emerging markets

The Chancellor Rachel Reeves met recently with major financial firms at Canary Wharf, encouraging them to invest in emerging markets to boost Britain’s economy.
January 21, 2026

Pressure on chancellor despite government surplus

The latest figures show that the government had a surplus of £15.4 billion in January. This represents the difference between the tax it receives and what it spends.
January 21, 2026

Investment in sustainable packaging firm

Pulpex, a sustainable packaging company, has received £43.5 million from the National Wealth Fund in exchange for an equity share of the business. The Scottish National Investment Bank is also investing £10 million with a further £8.5 million coming from existing investors.
January 21, 2026

40% business rates relief for film studios

Beginning last week (17 February), Local Authorities were able to begin awarding a 40% reduction in business rates bills to film studios. The tax relief is aimed at boosting the film industry in the UK and contributing towards more box office hits being made.
January 21, 2026

Wages growing faster than inflation

Latest figures released by the Office for National Statistics (ONS) show that average wages are continuing to grow faster than inflation. After adjusting for consumer price inflation (CPI), wages rose 3.4% between October and December 2024 when compared with the same period in 2023.
January 21, 2026

Surprise jump in inflation: How to navigate your business

Inflation figures for January 2025 were released last week and showed a surprising jump to 3.0%, up from 2.5% in December.
January 21, 2026

Crackdown on illegal working in the UK: Key highlights & takeaways

The UK government has intensified its crackdown on illegal working, with January 2025 seeing record enforcement activity. Home Secretary Yvette Cooper announced these efforts as the Border Security, Asylum, and Immigration Bill returned to Parliament last week.

Our Core Services

Bookkeeping
Stressed out with paperwork? Let Butterworths Accountants take it off your hands. Simply drop off your invoices, bank statements and records, and we will take care of all the processing for you.
Making Tax Digital for Income Tax
From 6 April 2026, the major change under Making Tax Digital (MTD) for Income Tax Self-Assessment (MTD for ITSA) comes into effect in the UK. This is a significant update to how certain self-employed individuals and landlords report their income to HMRC.
Business start-up
Starting a business is a really exciting time, but we know it is also a very busy time. You will no doubt have your plans in place and the drive to succeed, but you may not be aware of all the financial aspects involved.
Accounting
Butterworths can help reduce the time you spend on admin work, letting you focus on what is really important to your business.
VAT
Value Added Tax (VAT) is a tax that must be paid when purchasing services or goods. At Butterworths we can help you through the whole VAT process, including:
Payroll
Worried about a PAYE inspection? Butterworths Accountants’ PAYE Healthcheck service is designed to identify PAYE issues before HMRC does.
Tax
Need help with your tax return or want to pay less tax? Butterworths Accountants provide personal tax services for both business owners and private individuals.