Companies House Identity Verification for Directors & PSCs — What to Do and When (from 18 Nov 2025)
Author: Phillips & Co Accountants, Chester Date: 08 October, 2025 From 18 November 2025, Companies House will begin mandatory identity verification for all company directors and people with significant control (PSCs). The change is part of the Economic Crime and...Starting Up in Chester? Your Business Plan’s Financial Foundations are Key!
Author: Phillips & Co Accountants, Chester Date: May 12, 2025 Launching a new business in Chester is an exciting prospect! But turning a great idea into a successful venture requires careful planning. A comprehensive business plan is your roadmap, essential not...Essential Financial Strategies for Your Chester Business to Thrive in 2025
Author: Phillips & Co Accountants, Chester Date: May 6, 2025 The business landscape in 2025 continues to present both exciting opportunities and unique challenges for local enterprises here in Chester. As we move further into the year, ensuring your business not...
Trading and Property Allowances
The 2023/24 tax year presents valuable opportunities for small businesses and property owners to reduce their tax liabilities through the Trading and Property Allowances.
Cash Accounting Becomes the Default for Sole Traders
As of 2024, a significant change has been implemented in the way you manage your accounting: cash accounting is now the default method for your business.