
HMRC late payment interest cut by 0.25%
HMRC has reduced late payment and repayment interest rates following the cut to the base rate.

HMRC warns landlords to disclose earnings
HMRC has warned landlords to disclose their earnings on self assessment tax returns.

Charities as vulnerable to fraud as ever
Two high-profile cases have shone the spotlight once again on charity fraud, says Stef Smith of Lovewell Blake’s Charities team

Lease accounting: what is happening?
In March 2024 the Financial Reporting Council issued details of improvements to FRS102, designed to enhance the quality of UK financial reporting.

Earlier succession could be the silver lining to the Agricultural Property Relief cloud
A renewed focus on succession planning, and innovation driven by a younger generation taking over earlier, could be the silver lining to the cloud looming over farming following the Agricultural Property Relief (APR) announcement in the budget.

Latest Lovewell Blake/NFU farmers’ evening hears expert outline the potential impacts of climate change
Farmers will be facing significant changes in growing conditions by the end of the 21st century – that was the message from a leading meteorologist at the latest Lovewell Blake/NFU Farmers’ Evening held in Halesworth.

Are company size thresholds changing?
The Conservative Government announced their intention to change company size thresholds in March 2024, in a bid to ease the UK regulatory burden, particularly in relation to non-financial reporting.

Employer NICs rise may have consequences
The extra costs of the increase in employers’ NICs could cause businesses to respond in ways the government did not intend, the Chartered Institute of Taxation (CIOT) has warned.