Essendon Accounts & Tax

28/05/2026

Many business owners and savers may have received messages from their bank about changes to the Financial Services Compensation Scheme (FSCS). The key update is that the protection limit for eligible deposits has increased from £85,000 to £120,000 per person ...

Read more:

Exploring the expanded coverage ...

26/05/2026

UK economic growth has remained surprisingly resilient, but higher prices are making households and firms more cautious. The big question is whether inflation costs translate into lasting wage pressure, which would force the BoE to stay tougher for longer ...

Read more:

Inflation clouds the outlook ...

26/05/2026

Navigating the New Tax Year Changes with Roger at Essendon

We're now approaching the end of May, meaning we should have settled into the new tax year nicely.

If you haven't, don't panic! The new tax year can be a chance to have a spring clean and become leaner and more efficient. Find out more from the Business Godparent.

https://essendonaccounts.co.uk/navigating-the-new-tax-year-changes/

21/05/2026

The 2026 King's Speech points to faster payments, smarter regulation and tougher cyber rules. It also signals a more pro-growth approach to government policy, with businesses likely to feel the impact quickly ...

Read more:

Growth, regulation and resilience ...

21/05/2026

The P60 deadline is fast approaching.

If you are a business with employees on payroll you have until the 31st May to ensure all your P60s are issued. This includes anyone on the payroll in the tax year that ended on 5th April.

18/05/2026

British businesses facing financial stress are feeling the squeeze from higher taxes, rising costs and shaky consumer confidence. Hospitality and leisure are under the most pressure, while many firms are also grappling with cash flow problems ...

Read more:

Why the pressure is building ...

14/05/2026

Personal tax thresholds are drawing fresh attention as campaigners argue for a £18,000 allowance before anyone pays tax. The Treasury says the cost would be huge, but supporters say British taxpayers on modest wages need relief ...

Read more: https://blog.essendonaccounts.co.uk/chancellor-faces-pressure-over-personal-tax-thresholds-change-to-18000

11/05/2026

Britain's economic problems may ease if the US-Iran war ends, but the country still faces sticky inflation, rising bills, costly borrowing and fragile confidence in the government. The real story is that energy relief would help, yet it would not address the deeper pressures we face ...

Read more: https://blog.essendonaccounts.co.uk/britains-economic-problems-will-outlast-any-ceasefire

08/05/2026

At Essendon Accounts and Tax, we offer various accounting services depending on your requirements.

• Management accounts
• Corporation tax
• Payroll
• Bookkeeping
• Value added tax
• Personal tax returns
• Capital gains tax
• Virtual financial director
• Statutory financial statements
• Construction industry schemes
• Company secretarial

So, no matter your business size or industry, we have a solution for you. Contact us today for help and advice in all areas of accounting. https://essendonaccounts.co.uk/how-we-can-help/

07/05/2026

Tough markets can tempt firms to tighten payment terms, but that usually weakens trust. To strengthen relationships with suppliers, businesses need clearer communication, fairer timing and a more joined-up approach ...

Read more:

Practical steps that build trust and stability ...