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Showing posts from December, 2025

2025 Budget Guide: What the Tax Changes Mean for You (and Your Business)Whats

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What's changing and when - Budget 2025 Timeline TAG Accountants Group has reviewed the Autumn Budget announced on 26 November 2025 and summarised how the measures may affect individuals and businesses . The Chancellor, Rachel Reeves, set out tax-raising measures worth up to £26 billion . Key themes include an extended freeze on Income Tax thresholds , increases to taxes on property, dividends and savings income , changes affecting National Insurance , and a new High Value Council Tax Surcharge for properties valued at £2 million+ . Read TAG’s full guide here: 2025 Budget Guide – What Tax Changes Mean for You At-a-glance: What’s changing (and when) Now to April 2031: extended freezes on several Income Tax and NIC thresholds (details below). 6 April 2026: dividend tax rates increase (ordinary & upper rates +2%); BADR/Investors’ Relief rate rises; incorporation relief becomes claim-based; several employment/payroll changes begin. 1 January 2026: new 40% ...

Finding Balance and Harmony in Your Business Finances

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The Symphony of Successful Business Management   🎵 Running a business is like conducting an orchestra. Every section needs to work in perfect harmony, but perhaps none is more critical than your financial management. When your books are balanced and your financial systems are harmonized, everything else in your business can flow smoothly. The Challenge of Modern Business Accounting  ðŸ“Š Today's business owners wear many hats—CEO, marketer, salesperson, customer service rep, and often, amateur accountant. While passion and hard work can take you far, managing finances without the right expertise and tools can lead to: Sleepless nights worrying about cash flow Missed opportunities for tax savings Difficulty scaling your business Time lost on bookkeeping instead of business development Technology Meets Expertise: The TAG Accountants Approach  ðŸ’¡ At TAG Accountants, we believe that modern problems require modern solutions. That's why we've embraced technology-driven financial...

What is a Statutory Audit

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What is a Statutory Audit? A statutory audit provides independent external assurance over your accounts. Organisations choose it either because regulations or constitutions require it, or because leadership and stakeholders want the comfort of external assurance. At TAG Accountants Group, these services are delivered through our registration with ICAEW, ensuring a quality service without large‑firm prices, via TAG Assurance Limited. What a statutory audit involves Ensuring compliance, enhancing confidence: A meticulous review designed to meet regulatory requirements while strengthening stakeholder trust. Focused scrutiny: We review financial statements, internal controls, and compliance processes to give you a clear understanding of financial health. Clear, decision‑ready outputs: Transparent insights and comprehensive reporting that support governance and informed decision‑making. Who we support Companies seeking independent assuranc...

What you need to know about Digital ID, Cyber Security, and Key Risks for Charities

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UK organisations face a pivotal period of change across compliance, cyber security, and sector risk. A proposed Digital ID scheme could reshape Right to Work checks for employers, while escalating cyber threats are pressuring organisations of every size. At the same time, charities are managing rising operating deficits, increasing demand, and governance challenges. This post distils November’s key updates and the practical steps leaders can take. Digital ID and Right to Work: what’s changing The government intends to introduce a Digital ID available to UK citizens and legal residents, with credentials stored securely on mobile devices and alternatives for those without smartphones. The system will use modern encryption and authentication, aiming to simplify employer compliance for Right to Work checks. A formal consultation later this year will guide how the service operates, so employers should actively participate and track guidance to prepare their onboarding and verification proce...