Streets Accountants

Do you need a digital bank account?

While not mandatory having a digital or dedicated business bank account can make Making Tax Digital (MTD) much easier. Clearer transaction separation, clean records and seamless software feeds reduce errors and save time.

If you are preparing for MTD, this is one of the smartest early steps you can take.

For more information on MTD please click on the link below:

https://www.streets.uk/wp-content/uploads/2025/12/Streets-MTD-Guide-Do-it-yourself-or-get-expert-help_newbrand.pdf

Do you need a digital bank account?

While not mandatory having a digital or dedicated business bank account can make Making Tax Digital (MTD) much easier. Clearer transaction separation, clean records and seamless software feeds reduce errors and save time.

If you are preparing for MTD, this is one of the smartest early steps you can take.

For more information on MTD please click on the link below:
https://www.streets.uk/wp-content/uploads/2025/12/Streets-MTD-Guide-Do-it-yourself-or-get-expert-help_newbrand.pdf

Only a few days to go until the Lincolnshire Farming Conference 2026 this Thursday at the Lincolnshire Showground an important event bringing together farmers, landowners and industry professionals to discuss the future of UK agriculture.

This year’s theme, “A Roadmap to Resilience” explores how the farming sector can adapt and thrive amid changing economic, environmental and policy landscapes. We are especially proud that our Tax Partner Michael Ball will be joining the panel alongside fellow industry experts from Brown&Co and Shakespeare Martineau to share insights on the financial and business considerations impacting farming today.

If you are attending do come and say hello the Streets team will be there with a stand and would be delighted to connect.

We are delighted to welcome Stamford-based accountancy practice Brayshaw Morey as they merge with us to become Streets Brayshaw Morey.

Founded in 1987 by former tax inspectors, including Ross Clephane, Brayshaw Morey has built an outstanding reputation for trusted, practical advice and long standing client relationships. The merger secures the firm’s long term future while enhancing the support we can offer to clients and colleagues alike.

Clients of Brayshaw Morey will continue to receive the personal, relationship led service they value, now with access to a wider range of specialist expertise, resources and opportunities across our broader network. Ross will continue to head up our Stamford office, ensuring continuity and a strong local presence.

We are excited about this next chapter and look forward to seeing what the future holds for our clients and the wider Stamford business community.

You can read the full story on our website here:
https://www.streets.uk/about-us/news/stamford-accountancy-practice-brayshaw-morey-joins-us-to-secure-long-term-future/

Positive news for family businesses and farming clients on IHT!

The Government’s recent adjustment to the proposed inheritance tax reforms for agricultural and business property will come as a welcome moment of clarity for many family businesses and farming clients.

Increasing the level of assets eligible for full relief to £2.5 million per person (and making this transferable between spouses) represents a more balanced approach. It recognises the importance of succession planning and business continuity, while still modernising a system that has not always kept pace with rising asset values.

Importantly, where tax does arise, the reduced effective rate and the option to pay over 10 years interest-free should significantly reduce cashflow pressure and the risk of forced asset sales. In practice, outcomes will remain highly fact-specific, depending on the mix of qualifying and non-qualifying assets and the interaction with other allowances.

For many families, the key takeaway is not alarm but preparation. These changes reinforce the value of early, thoughtful planning/insurance and regular review, rather than reactive decisions driven by headlines. With the right advice, most businesses will continue to transition successfully to the next generation.

Get in touch to see how we can future proof your business. Click the link below or email us at [email protected]
https://www.streets.uk/service/estate-and-trust-planning/

Making Tax Digital (MTD) represents one of the biggest changes to the UK tax system in years. HMRC is moving tax online to create a more accurate, efficient and up to date process. For businesses, that means shifting from paper and manual records to fully digital processes including quarterly submissions and approved software.

Now is the ideal time to understand what these changes mean for you so you can prepare confidently well ahead of the 2026 deadline.

Click the link below for our MTD Guide to learn more and get ahead.
https://www.streets.uk/wp-content/uploads/2025/12/Streets-MTD-Guide-Do-it-yourself-or-get-expert-help_newbrand.pdf

It’s Budget Day!

Today, the Chancellor delivers the Autumn Budget 2025 — a pivotal moment for UK businesses.

Our experts at Streets will be analysing the announcements as they happen to understand how new policies, tax updates, and reliefs could affect SMEs.

Join us tomorrow for our post-Budget webinar, where we will break down the key measures and what they mean for your business.

Register here: https://www.streets.uk/about-us/events/the-budget-2025/