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News Roundup February 2025

Most UK businesses are optimistic about the start of 2025, with economic confidence surveys showing plans for growth following a difficult period. However, retail and hiring concerns linger. According to Lloyds Bank, 70% of businesses expect turnover to rise over the next year, up from 62% in December 2023.

Spotlight On: Understanding the Construction Industry Scheme (CIS)

A GUIDE FOR CONTRACTORS AND SUBCONTRACTORS The Construction Industry Scheme (CIS) is a vital part of the tax system for workers in construction. Whether you’re a contractor managing subcontractors or a subcontractor working on various projects, understanding how CIS works is key to ensuring compliance and managing cashflow effectively. In this guide, we’ll break down […]

Abbeygate Accountancy
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