by Pi Accountancy | Dec 4, 2025 | Advisory and Resources, Allowances, The Budget
From April 2027, the annual Individual Savings Allowance (ISA) will remain £20,000. However, the government will now ring-fence £8,000 specifically for Investment ISAs. This split in the ISA allowance means that anyone under 65 can save up to £12,000 a year in a Cash...
by Pi Accountancy | Dec 3, 2025 | Advisory and Resources, Business, Payroll and Employment, The Budget
The Autumn Budget 2025 introduced a wide range of changes that aim to boost youth employment and support employers across the country. These apprenticeship reforms create clearer pathways for young people who want to start their careers. They also give businesses...
by Pi Accountancy | Dec 2, 2025 | Advisory and Resources, Taxes, The Budget
The UK Government is preparing to introduce a new pay-per-mile tax for Electric Vehicle (EV) and Plug-In Hybrid drivers, confirmed in the Autumn Budget 2025. For years, these drivers have benefitted from incentives meant to encourage them to switch from petrol and...
by Pi Accountancy | Dec 1, 2025 | Advisory and Resources, Business, Company Car, Regulations and Schemes
To simplify fuel reimbursement, HMRC publishes Advisory Fuel Rates (AFRs). These rates provide a clear and consistent way to calculate fuel-only mileage costs. With this in mind, AFRs only apply to employees who drive a company car. What are Advisory Fuel Rates? HMRC...
by Pi Accountancy | Nov 26, 2025 | Advisory and Resources, Regulations and Schemes, Taxes, The Budget
The November Budget 2025 has arrived. The unexpected and accidental early publication caused a buzz in Westminster and gave the public an early look at the government’s plans. The 2025 Budget introduces major tax changes, new support measures and several important...
by Pi Accountancy | Nov 20, 2025 | Advisory and Resources, General, Regulations and Schemes, The Budget
From 1st December 2025, savers across the UK can enjoy much stronger protection for their money. The Financial Services Compensation Scheme (FSCS) will increase its protection limit from £85,000 to £120,000. The Bank of England approved this rise because inflation has...
by Pi Accountancy | Nov 13, 2025 | Business, Regulations and Schemes
If you sell a business asset, you will likely face a Capital Gains Tax bill. However, if you plan to reinvest the proceeds into another business asset, you may be able to delay paying the tax by claiming Business Asset Rollover Relief. What is Business Asset Rollover...
by Pi Accountancy | Nov 11, 2025 | Advisory and Resources
When running a business, you often have to balance loans, assets and cash flow. One helpful accounting method that supports this balancing act is Amortisation. What is Amortisation? Amortisation spreads the cost of a loan or intangible asset over a set period. Instead...
by Pi Accountancy | Nov 6, 2025 | HMRC
Starting from 2026, the Department for Work and Pensions (DWP) will gain new powers to check the financial eligibility of certain benefit claimants. These powers fall under the Public Authorities (Fraud, Error and Recovery) Bill and should save around £940 million...
by Pi Accountancy | Nov 5, 2025 | HMRC
The “Failure to Prevent Fraud” offense means a large organisation can be held criminally liable if it benefits from fraud committed by an employee, agent or another associate acting on its behalf. This offence applies even if the organisation did not...
by Pi Accountancy | Nov 4, 2025 | Companies House, Regulations and Schemes
The Economic Crime and Corporate Transparency Act (ECCTA) 2023 tackles financial crime and increases corporate transparency in the UK. The Act introduces stricter regulations on businesses to prevent economic crimes such as fraud and money laundering. The Act received...
by Pi Accountancy | Oct 29, 2025 | Advisory and Resources, HMRC, Taxes
Dealing with HMRC can often feel like navigating a maze. Fortunately, you do not need to manage everything on your own. You can authorise an agent or someone you trust to act on your behalf. This allows them to handle your tax affairs directly with HMRC while you stay...
by Pi Accountancy | Oct 28, 2025 | Advisory and Resources, General, Software
Signing documents digitally has never been easier and Adobe Sign provides a straightforward and efficient way to sign agreements, forms and PDFs. Whether you’re signing via email, managing documents online or working on a PDF, this guide will walk you through...
by Pi Accountancy | Oct 23, 2025 | Advisory and Resources, Taxes
The State Pension is set to increase again in April 2026, offering millions of retirees a helpful boost. For many older people, this annual rise is essential for keeping up with rising living costs. However, because the Personal Allowance remains frozen, more...
by Pi Accountancy | Oct 22, 2025 | HMRC
The Government Gateway is the UK’s system for accessing many HMRC services, including managing your personal and business taxes. If you’re new to the Government Gateway, this guide will walk you through the process of setting up your account, holding tax...
by Pi Accountancy | Oct 21, 2025 | HMRC, Taxes
The Personal Tax Account has changed the way taxpayers handle their tax affairs. Since its launch in December 2015, millions of people have used this online service to manage their taxes. What is a Personal Tax Account? Before the introduction of digital tax services,...
by Pi Accountancy | Oct 16, 2025 | Business
A Certificate of Incorporation is one of the most important legal documents a business can possess. If you are setting up a limited company, you will receive this document as confirmation that your company officially exists and is recognisable by law. Upon...
by Pi Accountancy | Oct 15, 2025 | Advisory and Resources, Companies House, HMRC
Accessing different government services online used to mean juggling a long list of usernames, passwords and sign-in methods. Some departments shared common systems, such as Government Gateway, but many still maintained their own separate logins. Now, the government...
by Pi Accountancy | Oct 14, 2025 | Advisory and Resources, Business, Companies House, Regulations and Schemes
Verifying your identity has never been more important. Whether you are setting up a company or becoming a director, you must prove who you are. Proof of Identity checks protect everyone involved and keep businesses compliant with legal requirements. Identity...
by Pi Accountancy | Oct 8, 2025 | General
Do you think of accountants as serious suit-wearing, pen-wielding number-crunchers? A bit dull and grey maybe? Think again! To combat misconceptions, we have put together this blog to showcase 10 accountant facts we bet you didn’t know. 1. The Invention of Bubblegum A...
by Pi Accountancy | Oct 7, 2025 | General
Window Tax is a curious piece of history. It has shaped homes and sparked debate for more than 150 years. Its legacy reminds us that while governments design taxes to raise funds, people always adapt to lessen the burden. Sometimes, those adaptations go on to reshape...
by Pi Accountancy | Oct 1, 2025 | Advisory and Resources, Business, Corporation Tax, Regulations and Schemes, Taxes
Running a limited company comes with responsibilities and one of them is filing your Company Tax Return. You do this using the CT600. Knowing what this form is and how to submit it correctly can save you time and money. What is the CT600? The CT600 is the official...
by Pi Accountancy | Sep 30, 2025 | HMRC, Taxes
HMRC has relaunched a scheme that allows it to access take unpaid taxes directly from people’s bank accounts. If you owe at least £1,000 and ignore repeated reminders, HMRC can now instruct your bank or building society to release the funds. This includes money...
by Pi Accountancy | Sep 25, 2025 | Advisory and Resources, Property Landlords, SDLT
Stamp Duty Land Tax is a tax you may need to pay when taking on leases in the UK. It can be a major expense, particularly for longer commercial leases or higher-value properties. What Stamp Duty Covers Stamp Duty applies to two elements of a lease: The Premium (the...
