Thornton Springer LLP is a firm of chartered accountants and business advisers with a history of delivering results for our clients.
We are the largest accountancy practice in Crystal Palace. Based in Crystal Palace, South East London, we provide a range of services to companies of all sizes and stages of business growth. From business to personal, our tailored solutions ensure that you get maximum results with minimum disruption. Professional yet easy to talk to, we can help you make the most out of your finances. To find out
28/05/2026
Household confidence has softened in recent months as people keep a closer eye on spending, fuel costs and day-to-day finances.
While there’s still a lot of uncertainty around the wider economy, periods like this are often a reminder of the value of planning ahead and understanding where your money is going.
Read more → https://www.thorntonspringer.co.uk/news/blog/pw-news/households-brace-for-fresh-squeeze/
Selling your home doesn’t automatically mean paying tax. In many cases, there’s no Capital Gains Tax at all — but it depends on how the property has been used over time.
Things like this can change the outcome:
– renting it out
– using part of it for business
– owning more than one property
26/05/2026
A lot is shifting right now — from energy costs to consumer behaviour.
This month:
– Up to 10,000 manufacturers could see energy bills cut by 25%
– Help to Buy is reported to have mainly benefited higher earners
– Travel spending has fallen for the first time in five years
– Many SMEs are still unprepared for e-invoicing, with 91% unaware of HMRC guidance
These changes all feed into how businesses plan and operate.
Read more → https://drive.google.com/file/d/1EvQcbDPzJrGjBiHNLBgGZvdhpBsRKNr2/view?usp=drive_link
25/05/2026
The late spring bank holiday is always a welcome pause — and for many, a sign that warmer days are on the way.
We hope you get the chance to properly switch off and enjoy it.
21/05/2026
Recent headlines around flight cancellations and fuel prices have caused some concern for travellers — but for now, UK airlines and airports say services are continuing as normal.
If you’re travelling in the coming months, the current advice is simply to stay informed, check travel updates before flying, and make sure your travel insurance is up to date.
Read more → https://www.thorntonspringer.co.uk/news/blog/pw-news/travellers-urged-to-keep-plans/
20/05/2026
Giving to charity is often about values — but the tax side shouldn’t be overlooked.
UK charitable reliefs were worth £6.7bn last year, yet many people don’t use them fully.
– Gift Aid adds 25p for every £1 donated
– higher-rate taxpayers can claim extra relief
– Payroll Giving applies relief straight away
– shares or property gifts can reduce capital gains tax
Used properly, these reliefs can help your donation go further.
Read more → https://drive.google.com/file/d/1XQpMgoSMkRfLbiPHsXLiMktLSjLyLY7S/view?usp=drive_link
There are a few noticeable shifts happening across the UK economy right now.
Pay growth is slowing, borrowing costs have edged up, and some sectors are becoming more cautious with hiring — while others are still seeing steady activity.
It’s a mixed picture, and one that’s worth keeping an eye on as the year unfolds.
If it’s starting to feel a bit overwhelming, you’re not alone — we’re here to help you make sense of it.
18/05/2026
One of the biggest misconceptions around Making Tax Digital? That it’s just a new version of the tax return.
It’s not.
It changes the timing of how income is reported — spreading things across the year instead of one annual deadline.
Same taxes. Different rhythm.
Do you think spreading reporting across the year will make things easier — or more complicated?
14/05/2026
Recent reports have highlighted potential pressure on parts of the UK food supply chain, depending on how global events develop.
While the immediate impact is expected to be on costs rather than availability, it’s a situation businesses may want to keep in view.
Read more → https://www.thorntonspringer.co.uk/news/blog/pw-news/uk-food-supply-fears-rise/
A lot of people think Making Tax Digital applies to everyone from now on.
It doesn’t.
It’s targeted first at sole traders and landlords over a certain income level — but the rollout will widen over time.
The real value right now is understanding when it applies to you, not just what it is.
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