The gbac JOURNEY to Net Zero
We began our drive toward net zero in earnest in 2022, having had our efforts restricted in 2021 because of the pandemic.
thoughts and experience
our blog
An insight from the gbac team on all things accounting, finance and more.
Have you received a simple assessment letter from HMRC?
In June 2025, HMRC will be sending out simple assessment letters to taxpayers who aren’t obligated to file full self-assessment tax returns – which might come as a surprise to some.
Do you owe overdue income tax on interest?
Previously, HMRC told UK taxpayers that the agency would use personal interest information from banks and building societies to calculate taxable personal interest for the 2023–2024 tax year, then adjust individual tax codes or issue Simple Assessments.
Compulsory identity verification at Companies House
Company directors, people with significant control (PSCs), and anyone who files at Companies House will be expected to verify their identities from autumn 2025.
Mandatory payrolling of benefits in kind
While employers were previously required to start using payroll software to report taxable benefits by April 2026, the deadline has been delayed to 6th April 2027.
Changes to Statutory Sick Pay in 2025-2026
Under the Employment Rights Bill moving through Parliament, there will be some significant changes to Statutory Sick Pay (SSP), which are due to take effect by next spring.
Speak to our team of experts
If any of our latest content leaves you wondering how this may affect your business, our team are on hand to deal with any queries you have.
Complete the contact form below and a member of our team will aim to get back to you within two working days.