The Lodestar Blog
Tax tips, business news, Lodestar expert insight
MTD for Income Tax: The 6-Month Countdown
The countdown is on. With only six months until the introduction of Making Tax Digital for Income Tax (MTD for IT) now is the time to get prepared. If you're a self-employed individual or a landlord, this affects you. Ignoring it could lead to penalties and a whole...
Carbon Accounting: The New Frontier for Qualified Accountants
In an era defined by increasing environmental consciousness and stringent sustainability regulations, carbon accounting has emerged as a critical field. Just as financial accounting tracks monetary value, carbon accounting focuses on measuring, managing, and reporting...
Is That Companies House Email Genuine? Your Guide To The ACSP Changes
Companies House is undergoing a significant transformation to enhance transparency and combat economic crime, and you may have recently received an email from them regarding these crucial changes. We understand that in an age of increasing online fraud, it's natural...
Investment vs Debt Funding – Which Path Is Right For Your Business?
So, your business is thriving, and the horizon looks bright. You're ready to take the next leap, expand your operations, develop new products, or conquer new markets. But to make those ambitious dreams a reality, you'll likely need an injection of capital, but should...
Small Steps, Big Impact: Carbon Accounting For UK SMEs
The buzz around climate change and sustainability isn't just for the big corporations anymore. Increasingly, SMEs across the UK are realising that understanding and managing their environmental impact is not just the right thing to do, it's becoming a crucial aspect...
Keeping HMRC Happy: Navigating Travel and Entertainment Expenses
The world of business travel and entertainment can be a bit of a minefield when it comes to tax. What can you claim? What can your employees claim? And what will land you with a hefty tax bill? Let's break down the key differences in how the UK tax system treats...