Latest Blogs

1. Mixing Business and Personal Expenses Using one bank account for everything to do with the business helps keep your records simple.   2. Missing Allowable Expenses Instead of only claiming obvious costs, consider what other costs for your business could be tax deductible.   3. Poor Record Keeping Rather than relying on a box…

We had the privilege last night of attending the 2026 Huntingdonshire Business Awards. As the second year as Headline Sponsor for this event, it was pleasure to see so many additional local businesses in attendance. With three of our offices located in the local towns of Ramsey, St Ives and St Neots, it was lovely…

Celebrating Local Businesses The 2026 Bury Free Press West Suffolk Business Awards were held on Friday 9th October at The Apex. Members of our Bury St Edmunds and Mildenhall offices attended for a fantastic evening celebrating local businesses.   The night started with a drinks reception and music by local students, which was followed by…

What Landlords Need to Know The Government is introducing a new “Register your rental property” service across England. This is designed to create a comprehensive register of private rented properties. The scheme will begin rolling out from 15 December 2026. Registration deadlines will be applied on a regional basis according to where the rental property…

Nominations and entries are open for the 2027 Mayor’s Business Awards in King’s Lynn!   The Whitings Group, made up of Whitings LLP, Chartered Accountants, Whitings Wealth Management Ltd and Whitings IT Solutions, are proud to sponsor the Apprentice/Trainee of the Year award at this years event.     Nominating/Entering for the Apprentice/Trainee of the…

Are You Ready? Whilst many taxpayers have already been complying with Making Tax Digital for Income Tax (MTD for IT) from April 2026, a further group of sole traders and landlords are due to be mandated into the scheme from 6 April 2027.   If your qualifying income for the 2025/26 tax year exceeds £30,000,…

The property sector continues to face a period of significant change. There’s new tax, reporting and compliance obligations affecting both landlords and homeowners. As the Government progresses its programme of reforms, it is becoming increasingly important for property owners to ensure that their affairs remain both tax efficient and fully compliant.   In this edition,…

What Businesses Need to Know Payroll compliance remains one of the most important responsibilities for UK employers. With HMRC continuing to focus on Real Time Information (RTI) reporting, changes to Statutory Sick Pay (SSP), National Minimum Wage increases, and ongoing scrutiny of benefits and expenses, the 2026/27 tax year presents several areas that employers cannot…

For many business owners, the appropriate business structure for operating their business is often between operating as a sole trader or incorporating a limited company. However, there is a third business structure option that is frequently overlooked: The ‘unincorporated partnership’   An unincorporated partnership business structure can offer many of the practical advantages of both…

Doing Well by Doing Good Making gifts to charity during your lifetime is a meaningful way to support causes you care about, whilst also benefiting from valuable tax reliefs. The UK’s charitable giving regime is designed to encourage donations by reducing the after-tax cost of giving. Whether making a cash donation under Gift Aid or…