The latest updates from Milsted Langdon

In this issue, we’re delighted to announce that we’ve been shortlisted in two categories at the 2025 Accounting Excellence Awards and we also explore the rising cost pressures facing SMEs and provide practical cash flow advice to help your business stay resilient.

On the tax front, we look at why SMEs are increasingly under scrutiny from HMRC, and how our tax investigation service can help before taking a pragmatic look at Making Tax Digital for Income Tax, outlining the realities for sole traders and landlords ahead of the phased rollout from 2026.

Finally, we consider a curious VAT question raised by a certain Marks & Spencer strawberries and crème sandwich, before moving on to our latest meet the expert feature as we catch up with charity specialist, Mark Birchenough.

If you’d like more information on any of the topics covered or personalised advice from our team, please do not hesitate to contact us.

We’ve been shortlisted in two categories at the 2025 Accounting Excellence Awards

Mind the (tax) gap – Why HMRC may have SMEs in its sights

Cash flow constraints – 57 per cent of businesses warn of rising costs

It’s Not Just Food… It’s an M&S VAT query

Making Tax Digital for Income Tax: The pragmatic realities for sole traders and landlords

Protecting your business from the cost of an HMRC investigation