Insights and Latest News

At the heart of these changes is a proposal to raise the size threshold for what qualifies as a “small company”. This adjustment means more businesses will soon…

As the self-assessment deadline approaches, HMRC is urging landlords to ensure they've accurately reported their rental income. If you've overlooked any income or claimed incorrect expenses, it's crucial…

Daykin Scott Accountants are here to break down the key points from Chancellor Rachel Reeves' Budget announcement that may impact you as a business owner in the UK.

If you're a freelancer or contractor in the UK, it's crucial to understand your tax obligations. Unlike employees who have their taxes deducted from their pay, freelancers and…

As a small or medium-sized enterprise (SME) in the UK, understanding statutory accounts is essential to your financial health and legal compliance. Statutory accounts, also known as annual…

Daykin Scott Chartered Accountants breaks down the key differences between FRS 102 and FRS 102 1A, helping you make an informed decision that aligns with your business needs.

Daykin Scott Chartered Accountants explains the key features of FRS 105, helping you understand whether it’s the right fit for your business.