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The Value of Reviewing Your Finances Before the Year Ends
With the end of the tax year approaching, taking time for pre year-end planning can make a significant difference to both your tax position and your wider business strategy. At Burgis & Bullock, we understand how early preparation supports better decision-making, stronger financial control and improved long-term resilience. A pre year-end review is an ideal…
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Why Every Business Should Know Its Break‑Even Point
Knowing your break-even point isn’t just a financial exercise or something reserved for start-ups preparing a pitch deck. It’s one of the most practical and forward-looking metrics any organisation can use – whether you’re launching a new venture, scaling up, or running an established business. We have outlined what the break-even point really means, why…
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Why Strong Accountancy Support Fuels Stronger UK Businesses
At a time when businesses were preparing for the Autumn Budget and navigating ongoing economic uncertainty, the demand for financial advice, tax planning and compliance support increased significantly. This surge in activity meant accountants played a decisive role in maintaining business confidence and supporting economic activity during a challenging period. According to data from the…
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HMRC to send final batches of MTD mandation letters
HMRC is issuing the final waves of Making Tax Digital (MTD) mandation letters, informing taxpayers that they must comply with MTD for Income Tax from April 2026. These letters are triggered by the information included in the taxpayer’s 2024/25 Self-Assessment return. The mandation letters will be issued to taxpayers who submitted their 2024/25 return between…
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HMRC offers more support to help manage Self-Assessment tax bills
HMRC is reminding Self-Assessment taxpayers that support is available for anyone struggling to pay their tax bill. Through its Time to Pay service, individuals can spread the cost of their bill in manageable monthly instalments. As the 31 January 2026 deadline has now passed, it’s important to act quickly and arrange a payment plan before…
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Spring Statement 2026: What Businesses and Individuals Need to Know
The Chancellor, Rachel Reeves, has confirmed that the Spring Statement will take place on 3rd March 2026. This will be accompanied by an update from the Office for Budget Responsibility (OBR), designed to provide an interim update between the annual Autumn Budget and the next round of major fiscal decisions. This year’s statement is expected…
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Start Your Self‑Employment Journey the Right Way
Moving from employment to self‑employment in 2026 is an exciting step, but it also brings a new set of legal and compliance responsibilities that begin on the very first day of trading, not when your first tax return becomes due. More people than ever are choosing to work for themselves, whether through freelancing, consulting, skilled…
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Making Tax Digital Countdown: Are You Ready for April 2026?
From April 2026, all sole traders and most landlords will have to follow new rules under Making Tax Digital (MTD) for Income Tax. For some people, this will be the biggest change to their tax reporting in years. If you’re self‑employed or receive income from property, now is the time to understand what’s coming and…
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SORP 2026 Explained: Trustees’ Reports Made Simple
SORP 2026 is here – and it’s changing the way charities report. We’re kicking off our series with the section that sets the tone: the Trustees’ Report. Before we dig into the detail though we will revisit the somewhat new tier system, as this is critical to determining how the changes will apply to your…
Last week, our trainees took part in an internal audit training session designed to strengthen their technical knowledge and support their professional development. While gaining practical skills was the key objective, we also wanted to make the learning experience engaging and enjoyable, so we incorporated some games. At Burgis & …
October 14, 2026
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