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Explore insightful articles, tips, and industry updates from RMT. Stay informed on the latest trends, innovations, and best practices in accounting and business services.

Benefits in Kind (BIK) Payrolling Changes: What Employers Need to Do Before April 2027

Changes to how Benefits in Kind (BIKs) are reported and taxed are coming into force from April 2027, and they will affect employers of all sizes. While the move to mandatory payrolling is designed to simplify tax collection for employees, it will require employers to adapt their payroll processes and reporting. Importantly, there is a

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UK Tax Card 2026/27

UK Tax Card 2026/27: Your At-a-Glance Guide to Key Tax Rates Our UK Tax Card for 2026/27 is a practical, easy-to-use guide to the most important tax rates, allowances and thresholds for the year ahead. Designed as a quick reference tool, it brings together essential information for both individuals and businesses in a clear, visual

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Statutory sick pay form

Statutory Sick Pay Changes: What Employers Need to Know

  Changes to Statutory Sick Pay (SSP) are coming into force in April 2026, introducing new requirements for employers across the UK. While the reforms aim to provide greater support for employees who are unable to work due to illness, they will also increase administrative and cost considerations for businesses. Understanding what is changing and

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Spring Statement Summary 2026

On 3 March 2026, the Chancellor, Rachel Reeves, delivered the Government’s Spring Statement, providing an update on the UK’s economic outlook and the state of the public finances. Unlike a full Budget, the Spring Statement typically focuses on economic forecasts and the Government’s fiscal position, rather than introducing significant new tax policy. The update drew

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calculator next to stethoscope

VAT changes on temporary medical staff

VAT on Temporary Medical Staff: What Revenue and Customs Brief 9 (2025) Means for Healthcare Providers Recent guidance from HM Revenue & Customs has clarified the VAT treatment of the supply of temporary medical staff through agencies and other intermediaries. The update also confirms the continued availability of the VAT exemption for qualifying medical care,

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Financial reports on desk

FRS 102 Changes: What UK Businesses Need to Know for 2026

From January 2026, important updates are being introduced to FRS 102, the main accounting standard used by thousands of UK businesses. These changes aim to make financial reporting clearer, more consistent and more reflective of how modern businesses operate. While the updates may sound technical, their impact will be very real, affecting how revenue is

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Beverley outside office

RMT Accountants strengthens Hexham presence with new appointment

RMT Accountants & Business Advisors has strengthened its growing presence in West Northumberland with the appointment of Beverley Affleck, who is now heading up the firm’s new Hexham office and will be joining the RMT board of directors. Beverley brings over 30 years’ professional services experience to the role, including significant involvement with agricultural firms,

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rachel reeves

Autumn Budget 2025 – What It Means For You And Your Business

Key announcements from the Autumn Budget
– High-Value Property Surcharge: Properties over £2m face a new surcharge and higher property income tax from 2027–2028.

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Lady Sitting Down with Laptop

Autumn Budget 2025: What Businesses Should Be Thinking About Now

With the Autumn Budget taking place on Wednesday 26 November 2025, businesses and individuals alike are starting to look ahead at what could be one of the most defining financial moments in recent years. Against a backdrop of slow growth, easing inflation, and a fiscal shortfall estimated at tens of billions of pounds, the Chancellor

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