Accountancy & Business News | Beaumont Seymour

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Nationwide crackdown on dodgy high street shops

A major police offensive was announced last week that will tackle dodgy shops linked to organised crime. Rogue high street businesses will face raids, closures and cash seizures.

AI providing misleading advice on VAT return filing

Incorrect advice provided by Artificial Intelligence (AI) and other websites is contributing to a growing trend of late VAT return filing and payment.

Four simple ways to improve business profit within 12 months

Most businesses don’t need big ideas or complicated plans to improve profit. In practice, profits will usually increase by tightening up a few everyday things and being more deliberate about how time and effort are applied.

Government commits to self-driving technology

The government has announced it has signed a new partnership with Wayve, a British company that is developing self-driving vehicle technologies.

What will happen to interest rates in 2026?

The ongoing Middle East conflict has raised concerns over its effect on UK inflation and interest rates in the coming months.

Credit control: The quiet discipline that keeps a business alive

Running a business in recent times has been a lesson in resilience. Costs continue to increase and customers are cautious. Cash is proving tight for many businesses and credit control is a core discipline for keeping a business afloat in such times.

Pub closures blamed on costs and disproportionate tax burden

The British Beer and Pub Association (BBPA) have reported that 161 pubs closed across the country in the first three months of 2026. It is estimated that this has led to the loss of 2,400 jobs. Scotland has been the most heavily affected, with 41 closures between January and March.

Data law change relaxes consent rules for charities

The Information Commissioner's Office (ICO) has published final guidance on the new ‘charitable purposes soft opt-in’ provision introduced by the Data (Use and Access) Act 2025.

The NCSC to begin recommending use of passkeys

The National Cyber Security Centre (NCSC) announced at CYBERUK 2026 in Glasgow that it will begin recommending the use of passkeys wherever a service supports them, and two-step verification (2SV) where it does not.

Renters’ Rights Act: Key actions for landlords

The Renters’ Rights Act came into force on 1 May 2026 and represents the biggest change to renting in England for a generation. All landlords must be ready, as the new rules apply to both new and existing tenancies from day one.

Consultation on Process for Handling Flexible Working Requests

The government has opened a consultation on a new consultation process that employers will need to follow when handling flexible working requests.

Why Financially Successful Business Owners Can Still Feel Out of Control

Your business can be doing well financially but you can still feel uncertain about where your personal finances are heading.

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