Starting your own business is exciting — but it can also be daunting. From deciding on your business structure to understanding your tax obligations, there’s a lot to consider before you even make your first sale. At Greystone Accountants, your trusted business...

If your business operates from a physical premises, now is the time to reassess your overheads. From April 2025, the Business Rates Relief available to retail, hospitality and leisure businesses in England was reduced from 75% to 40%. That’s a big shift—and one that’s...

Employer National Insurance contributions increased in April 2025. Many businesses are now reassessing their payroll strategy to stay efficient. Here’s how you can take control of your payroll costs for the rest of the year. What Changed in 2025? From 6 April 2025, UK...

As we enter the 2025/26 tax year, it’s important for businesses and individuals across the UK to understand the latest tax updates and how they may affect financial planning. Whether you're a sole trader, limited company owner, or individual taxpayer, staying informed...

2025 Tax Changes UK: What Small Businesses Need to Know As we enter 2025, UK tax laws are evolving, and small businesses need to stay informed to avoid penalties and take advantage of potential savings. In this guide, we'll break down the key tax changes affecting...

HMRC’s official rate of interest has been cut from 2.25% to 2% from 6 April 2021. This will affect any directors or employees who have a beneficial loan from their employer, as well as directors who have an overdrawn current account with their company. The official...

The temporary reduced standard VAT rate of 5% for the tourism and hospitality sector was due to end on 12 January, but has now been extended to 31 March 2021. With Covid-19 restrictions continuing for the foreseeable future, this winter is likely to be quite...