Essendon Accounts & Tax

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 ...

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Understanding the new FSCS protection limit Exploring the expanded coverage ...

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 ...

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UK economic growth as price pressures build Inflation clouds the outlook ...

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/

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 ...

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What are the key business takeaways from the 2026 King's Speech? Growth, regulation and resilience ...

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.

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 ...

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British businesses facing financial stress surge across the country Why the pressure is building ...

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/

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 ...

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How to strengthen supplier relationships during tough economic times Practical steps that build trust and stability ...