Welcome to the Orchard Accountants blog. This is our hub of information where we will detail company developments as well as provide news and insight into the ever-changing world of finances and accounting. If you read something which strikes to your interest, and you’d like to learn more about a particular topic or service we provide, don’t hesitate to get in touch with us today.

HMRC updates bank details for tax payments – What businesses need to know

Keeping up with tax payments is something every business owner knows is important. On that note, HM Revenue & Customs (HMRC) has recently updated its…

Boosting confidence in tough times – How SMEs can adapt to financial challenges

The burden on small and medium-sized enterprises (SMEs) is already quite heavy due to the current economic climate, but it may worsen in the coming…

How to effectively manage business expenses and improve profitability

Effective expense management is key to driving profitability in any business. (more…)

Reminder – The deadline to register for Self-Assessment is approaching

When you're self-employed, keeping track of essential dates and deadlines can be challenging. One crucial date to remember is 5 October 2024, which is the…

Repeal of furnished holiday lettings tax regime – Last chance for capital allowance claims

The furnished holiday lettings (FHL) tax regime is set to be scrapped from April 2025, with draft legislation already on the table. If you own…

Why your business needs to prioritise sustainable practices now

While we’ve made meaningful progress in the global energy transition, the pace is still too slow. The charity Accounting for Sustainability (A4S) and Aviva Investors…

Why integrating ESG into your reports helps you grow your business

Your environmental, social and governance (ESG) strategy might just pave the way to growth for your business. ESG initiatives are increasingly important for businesses in…

Facing a skills shortage? Here’s how to solve it

Having the right team that aligns with your goals and values is key to the success of your business. However, many sectors are currently facing…

Cryptoasset disposals under scrutiny from HMRC

HMRC has begun to issue ‘nudge letters’ to cryptoasset owners who may have underpaid tax when selling their assets, urging them to amend or submit…

Is setting up a limited company as a freelancer the right move for you?

If you’re enjoying the freedom and flexibility that comes with freelancing, you might be wondering if it’s time to take the next step and set…