Category Archives: News

Your next career move is just a train ride away. Here at Hunts in Sherborne, we’re always looking for talented accountants to join our growing team. With direct trains from Salisbury (41 mins) and Exeter (1hr 10mins), your new opportunity could be closer than you think. Find out more – https://www.huntsaccountants.co.uk/#recruitment

The UK government has revolutionised small business procurement with their new ‘Find a Tender’ service (February 2025). SMEs can now access £300 billion in public sector contracts through a simplified system that reduces administrative burden. Submit your details just once, compete effectively with larger companies, and benefit from local council opportunities specifically reserved for small…

Don’t miss the critical April 2025 deadline for filling National Insurance contribution gaps! Until then, UK taxpayers can backdate payments to 2006/07, potentially adding thousands to your state pension. After April, this opportunity vanishes—you’ll only be able to fill gaps from the previous 6 years. Missing National Insurance contributions can significantly reduce your retirement income….

An estimated 1.1 million taxpayers missed the January 31st deadline – now facing automatic £100 penalties!

With the numerous increases to interest rates recently, cashflow may be under pressure to finance debt. If this is an issue for your business, or will be with debt renewals coming up, then it may be worth looking at the Recovery Loan Scheme. Initially the scheme was introduced to help businesses recover after the pandemic….

In recent news, you may have seen that The Department for Work and Pensions has set a 2023 deadline for certain contributions to be made.

With the end of the personal tax year fast approaching, we have been asked by a number of clients whether it’s worth purchasing electric company cars. As this is an option for many businesses, we have put together an outline of the tax implications below: Benefit in kind ratesFrom 6 April 2020, HMRC have introduced benefit…

If you are registered for VAT but not yet signed up with HM Revenue & Customs to Making Tax Digital (MTD), then please read on. If you are already signed up for MTD, or if we submit VAT returns on your behalf, then no further action is required at this stage. HM Revenue & Customs…

As we find ourselves in another national lockdown, we will endeavour to guide you through the latest government support measures being made available, as we have done before. We have outlined our understanding of this current support below: Grants The government have announced further grants for businesses in retail, hospitality and leisure as follows: We…

We’re excited to be sponsoring the 2020 Sherborne Business Awards. What better time to celebrate creativity and what has been achieved.https://youtu.be/1-sbwjPUiFM