The latest survey from Ulster Bank has revealed that the private sector returned to growth mode last month (May 2025), which is always a very encouraging sign. This is the first increase in the last 6 months so it will be heartily welcomed by businesses across Northern Ireland. The Ulster Bank produces a ‘business activity …
Accountancy Body Calls For More Competitive Rate Of Corporation Tax
A new report compiled by Chartered Accountants Ireland, entitled ‘Enhancing Our Competitiveness’, has called for a swift reduction in the rate of corporation tax to help businesses in Northern Ireland be more competitive. They believe that this would increase investment, drive economic growth and create countless new jobs across the region. The fact that Northern …
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Don’t Go It Alone: Why An Accountant Is Your Best Ally For Making Tax Digital In 2026
The UK’s tax landscape is undergoing its most significant transformation in decades with the phased rollout of Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA). From April 2026, many self-employed individuals and landlords will be mandated to keep digital records and submit quarterly updates to HMRC using MTD-compatible software. While the promise is …
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Soaring Costs Hit Hospitality Sector Hard
The effects of the employer’s national insurance contribution increase, along with the increase in the National Minimum Wage are hitting the hospitality sector in Northern Ireland hard, according to a recent survey. The survey has been produced by hospitality industry bodies such as Hospitality Ulster, UK Hospitality, The British Institute of Innkeeping and the British …
Northern Ireland Energy Summit Back For A 2nd Year
After a well received first outing, the Northern Ireland Energy Summit is back and will be held at the International Convention Centre in Belfast on September 24th. The Summit looks at how businesses and organisations can facilitate the transition to a cleaner, greener energy grid that will benefit consumers, businesses and the climate. The various …
Beyond The Fee: How An Accountant Can Save You Money On Your Taxes
For many, the idea of paying an accountant to handle their taxes feels like an added expense. Why pay someone else to do something you could (theoretically) do yourself? However, for individuals and businesses alike, the perceived cost of an accountant often masks a significant potential for savings, making it a wise financial investment rather …
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BGF To Play Its Part In Supporting Businesses Across The UK With Funding
It is heartening to read that the Growth Capital Investment group BGF (this stands for Business Growth Fund, not to be confused with the Big Friendly Giant!) has pledged huge sums of money in funding to help support businesses right across the UK. The overall funding over the next 5 years will be in the …
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NI Business Delegation Visit Westminster To Push For More Investment, Support & Less Regulation
A business delegation from Northern Ireland, comprising of leaders from Trade NI, the alliance of Hospitality Ulster, Retail NI and Manufacturing NI, visited Westminster last week in a bid to drum up more support, more investment and to ask for the government to reduce the regulatory burden on businesses here. The financial hit that businesses …