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As we navigate through 2026, the way sole traders and landlords interact with HMRC is undergoing its most significant transformation in a generation. Making Tax Digital (MTD) is officially changing the landscape of record-keeping and income reporting. If you feel overwhelmed by these new...

For any growing business in the Peterborough area, managing your team's payroll is non-negotiable. Getting it right ensures your employees are paid correctly and on time, which is crucial for morale and retention. Getting it wrong, however, can lead to costly fines, complex compliance issues, and...

Starting a new business in Peterborough is an exciting venture, full of opportunity and potential. However, one of the first and most critical decisions you face is choosing the right legal structure: should you operate as a Sole Trader or incorporate as a Limited Company? This choice impacts...

We're often inspired to give our homes a good spring clean, but what about your business finances? Just like a cluttered living room, messy books and unaddressed financial tasks can lead to stress, missed opportunities, and even costly errors. At Gross Klein Wood Accountants in Peterborough, we...

 As a business owner, managing payroll can often feel like navigating a complex maze of regulations, dates, and figures. It’s not just about paying your team; it’s about ensuring compliance, avoiding penalties, and keeping your business running smoothly. At Gross Klein Wood Accountants...

As another tax year rolls on, it's easy to get caught up in the day-to-day running of your business or managing your personal finances. However, taking a few moments to review available tax allowances can make a significant difference to your bottom line. At Gross Klein Wood Accountants in...