Arctic Accounting Blog
Welcome to our blog, where you can find the latest information, news and resources to help you navigate accounting for your business. From up to date information from HMRC to the latest government regulations that could affect you, here you will find our expert guidance to help you along the way.
What the November 2025 Budget Means for Businesses and Individuals
The UK Autumn Budget, delivered on 26 November 2025, introduces some of the most significant tax shifts in recent years. While headline income tax rates remain unchanged, deeper structural changes will affect businesses and individuals through threshold freezes, pension reforms, and higher taxes on investment income.
This blog breaks down the 5 major changes for businesses, 5 secondary impacts, and the same for individuals, followed by additional measures relevant to accounting and advisory clients.
The November 2025 Autumn Budget: Labour’s Tax U-Turn and What It Means for You
Over the past 48 hours, Labours plan has been dramatically reversed!
Multiple sources now report that Rachel Reeves and Keir Starmer have scrapped the proposal to raise income tax rates altogether, following pushback from within the party and concerns about market reactions.
Allowable Business Expenses Most UK SMEs Miss – Reduce Your Company Tax Bill
UK small and medium-sized businesses (SMEs) are under increasing financial pressure, and reducing costs in a legitimate way has never been more important. One of the simplest and most effective ways to reduce your Corporation Tax bill is by claiming all allowable business expenses. However, many SMEs fail to claim everything they are entitled to
Autumn Budget 25 - What to Expect for businesses and for personal tax UK
The Autumn Budget 2025 is expected to be delivered on 26 November 2025, during a period of tight public finances and slower-than-expected economic growth.
According to several economic forecasts, the Treasury may need to raise between £20 billion and £30 billion in additional revenue to maintain fiscal balance and fund policy commitments.
Do I Need an Accountant, a Bookkeeper, or Both?
Confused about whether to hire an accountant, a bookkeeper, or both? Learn the differences and choose the right financial support for your business.
The Top 7 Tax Mistakes Small Business Owners Make (and How to Avoid Them)
Avoid costly tax mistakes! Discover the top 7 errors UK small businesses make and how an accountant can help you stay compliant.
Sole Trader vs Limited Company: Which Is Right for You in 2025?
Sole trader or limited company? Compare UK business structures to decide which suits your goals, liability, and tax needs in 2025.
From Bookkeeping to Business Partner: What Your Accountant Should Be Doing for You
Your accountant can do more than tax returns. Learn how proactive financial advice can help your business grow and thrive.
Year 3 in Business: What Every UK Company Needs to Know About Scaling Finances
Growing your business after 3 years? Discover key financial considerations for UK companies, from VAT to cash flow management.
What Records Do You Really Need to Keep for HMRC (and for How Long)
Avoid fines with proper record-keeping. Learn what business records UK companies must keep for HMRC and how long to store them.
Cashflow vs Profit: Why Growing Businesses Get Caught Out
Profit isn’t cash. Understand the difference between cash flow and profit and learn tips to prevent financial problems in your business.
VAT Made Simple: When You Need to Register and What It Means
Confused about VAT? Discover when UK businesses must register, how it works, and tips to stay compliant and reclaim VAT.
How Cloud Accounting Software Saves Time (But Still Needs an Accountant)
Cloud accounting software saves time, but you still need an accountant. Learn how software and expert advice work together.
End of Year Accounts Checklist: What Every Business Owner Should Prepare
Simplify year-end reporting with this checklist for UK businesses. Prepare accounts, tax returns, payroll, and financial statements efficiently.

