Compliance - Thompson & Co – Accountants & Business Consultants

10 Feb 202630 Jan 2026Business.Compliance.Management

Chancellor Increases Agricultural and Business Property Relief Allowance to £2.5 Million

Chancellor Increases Agricultural and Business Property Relief Allowance to £2.5 Million Surprise amendment to IHT proposals The government has announced a major change to the agricultural property relief (APR) and business property relief (BPR) reforms that will take effect from 6 April 2026. The full 100% relief from inheritance tax will now apply to […]

20 Jan 202623 Dec 2025Business.Compliance.Management

Self Assessment Deadline Approaching

Are You Ready? The deadline for filing your 2024/25 Self Assessment tax return is fast approaching. You must submit your return and pay any tax due by 31 January 2026 to avoid penalties and interest. To meet the deadline, you will need to make sure you have: All income details, including any employment, pension, […]

16 Dec 20258 Dec 2025Business.Compliance.Management

FSCS Deposit Protection Limit Rises to £120,000 from December

Is it time to review your business’s cash reserves? The Prudential Regulation Authority (PRA) has confirmed that the Financial Services Compensation Scheme (FSCS) deposit protection limit increases from £85,000 to £120,000 from the start of December. The new threshold applies per depositor, per PRA-authorised bank, building society or credit union. The PRA have confirmed […]

9 Oct 20256 Oct 2025Business.Compliance.Management

Companies House WebFiling to Switch to GOV.UK One Login

Are you ready for October change? From 13 October 2025, Companies House will require all businesses to use a GOV.UK One Login to access WebFiling. This change is part of a wider government move to introduce a single, more secure login system across all online services. What’s Changing? From 13 October 2025, you’ll need […]

5 Aug 202530 Jul 2025Compliance.HR/Personnel.Management.Planning

Government Unveils Roadmap for Employment Rights Bill

What are the implications for your business? Following publication of the Employment Rights Bill in October 2024, the government has published a comprehensive implementation roadmap. The roadmap outlines a phased timeline for one of the most significant overhauls of UK employment law in decades. Aimed at raising living standards and strengthening workplace protections, it’s […]