At Mundy & Co, we strive to ensure that our clients have all the information and advice they need to make informed decisions. Our Blog is where you’ll find insight into our world. A place that is full of tips, advice and behind-the-scenes insights from the world of accountancy and taxation.
The Mundy & Co Blog is where the world of accountancy and tax becomes less of a minefield and easier to navigate.
Inexpensive TV advertising available for SMEs
29th June 2026
Comcast’s Universal Ads has launched in the UK in partnership with Channel 4, ITV and Sky. It is a self-service platform that opens TV advertising up to Small to Medium-Sized (SMEs) businesses at a more affordable cost. Based on social media advertising, an SME can plan, buy and measure a single campaign across the three […]
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Mandatory payrolling now to be phased in
22nd June 2026
The announcement of mandatory payrolling for Benefits In Kind was originally expected to start in April 2027, but following industry pressure, it will now be introduced in two phases. Phase 1 will continue to be rolled out from 6 April 2027, with Phase 2 starting a year later on 6 April 2028. The move to mandatory […]
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Small businesses get helping hand with strengthened debt advice
18th June 2026
A new £4 million funding boost has been given to business debt advice services to help small businesses and the self-employed. The funding will go towards expanding access to expert support to help them get back on track, giving a leg up to an additional 16,000 businesses over the next three years. This is building […]
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Pressure selling tactics ruled to be illegal
5th June 2026
A High Court order has confirmed that Emma Sleep, a mattress seller, behaved illegally and broke consumer law by using misleading countdown timers, false ‘high demand’ messages and ‘discount claims’. Concerns were raised about Emma Sleep in 2022 over behaviour that misled shoppers and pressured them into making rushed purchases. This included the use of […]
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HMRC introduces targeted advance assurance service for R&D claims
28th May 2026
Originally proposed in last autumn’s Budget, HM Revenue & Customs (HMRC) have introduced a targeted advance assurance service for Research and Development (R&D) tax relief claims. The service, which is a pilot, aims to provide businesses with clarity on complex or high-risk areas before they make a claim. HMRC are now offering two types of […]
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Relief on fuel duty and hauliers get road tax holiday
27th May 2026
The government have announced some fuel duty and road tax changes designed to help with the increased costs caused by the Middle East conflict. A 5p fuel duty cut has been in place since March 2022. The relief was due to end between September this year and March 2027. It has now been confirmed that […]
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Government commits to self-driving technology
21st May 2026
The government has announced it has signed a new partnership with Wayve, a British company that is developing self-driving vehicle technologies. The partnership will focus on shared research that will support the ongoing development and deployment of automated vehicles. It is hoped that the partnership will act as a catalyst for new investment, skilled jobs […]
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April was a record month for tax return filing
18th May 2026
HM Revenue and Customs (HMRC) have reported that 298,905 people filed their Self Assessment tax return in the first week of the tax year, with a record total of 737,891 returns being filed during the month of April 2026. HMRC are highlighting several benefits to filing early, including: Getting a refund sooner if you are […]
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Data law change relaxes consent rules for charities
5th May 2026
The Information Commissioner’s Office (ICO) has published final guidance on the new ‘charitable purposes soft opt-in’ provision introduced by the Data (Use and Access) Act 2025. The provision means that charities can send direct marketing by electronic mail, including emails, texts and direct messages on social media, to people who have expressed an interest in […]
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April 2026 Changes To The Construction Industry Scheme (CIS)
29th April 2026
As outlined in Autumn Budget 2025, several changes took place on 6 April that may affect those who use the Construction Industry Scheme. From April 2026, contractors are required by law to either: file a CIS return every month, including nil returns in months where they have not used a subcontractor; or inform HMRC in advance that […]
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