July 23, 2026
Changes planned for modernising company taxation on capital distributions
HMRC have opened a consultation, ‘Modernising the taxation of distributions and repayments of capital from companies’. They are seeking views on proposals to modernise the tax framework dealing with distributions made by companies to shareholders who are individuals or trusts.
July 22, 2026
New UK investment fund
Investors representing over $3 trillion of assets under management from across North America, the Gulf, Asia and Australia will participate in InvestConnect, a new UK investment fund. Aimed at connecting the UK’s nations and regions to trillions of pounds of global capital, the new platform was developed in consultation with professional investors, government partners and the UK's nations and regions.
January 21, 2026
Safe working with screens: What employers need to know
The Health and Safety Executive are reminding employers about their responsibilities to protect workers from the health risks that come from working with display screen equipment (DSE), including PCs, laptops, tablets and smartphones.
January 21, 2026
Your voice could be your password
HM Revenue and Customs (HMRC) have plans to use a callers voice as their password in an effort to speed up phone calls.
January 21, 2026
Higher tax threshold for side hustles: What could it mean for you?
Last week, the tax minister responsible for HM Revenue and Customs (HMRC), James Murray, delivered a speech marking the 20th anniversary of HMRC. Previously, the UK’s tax authority was known as Inland Revenue.
January 21, 2026
New contract agreed for GPs
A new deal for GPs has been agreed between the government and the British Medical Association (BMA).
January 21, 2026
Plug-in van grant extended for another year
The Future of Roads Minister, Lillian Greenwood, has confirmed that the plug-in van grant will be extended for another year.
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.
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.