News & blog

From Cashflow to Xero: Why More Small Businesses Are Making the Move to Digital Bookkeeping

As Making Tax Digital (MTD) continues to reshape the way UK businesses manage their finances, many sole traders and small business owners are taking a closer look at their bookkeeping processes. For years, spreadsheets have been the go-to solution for managing income, expenses and cashflow. They are familiar, flexible and...

Accounting Software Pitfalls and Quirks UK Businesses Should Know Before Choosing

Choosing the right accounting software can save your business hours of administration, improve compliance, and give you clearer financial visibility. However, many business owners in Telford and across the UK discover too late that not all accounting platforms are created equal. While software such as Xero, QuickBooks, and FreeAgent can...

Is Your Current Accountant Handling MTD?

For businesses across the UK, Making Tax Digital, often referred to as MTD, is no longer something for the future. It is happening now, and many business owners are starting to ask an important question: is my accountant actually prepared for it? At Turas Accountants in Telford, we speak to...

How the changes made in 2025 will affect SMEs in 2026 and beyond

Running a small or medium-sized business has never been a case of simply keeping the lights on and hoping for the best. For many SME owners, success comes from staying one step ahead, understanding what is changing, and making confident decisions before those changes start to bite. That is especially...

Shropshire businesses warned of higher costs as new tax rules take effect

Leading Shropshire accountancy firm Turas says businesses will face higher operating costs after a wide range of tax changes came into force at the start of the new financial year. The new rules, which took effect from April 6, affect everything from dividend taxation to digital reporting requirements and inheritance...

Missed the Self Assessment Tax Return Deadline? What to Do Next

Missing the Self Assessment Tax Return (SATR) deadline can feel stressful and even a little intimidating. Many people worry about penalties, interest, and what HMRC might do next. The good news is that you are not alone, and more importantly, the situation can be resolved. The key is to act...

Making Tax Digital Is Here: What It Means for You and How We Can Help

April marks the start of a new chapter for sole traders and landlords across the UK. From 6 April 2026, Making Tax Digital is officially live for those with an annual turnover above £50,000. It is a significant milestone and, without exaggeration, one of the biggest changes to Self Assessment...

What the April 2026 changes mean for businesses in Telford

From 6 April 2026, a number of tax and policy measures announced across the 2023, 2024 and 2025 budget statements will take effect. For business owners, company directors and family-run firms in and around Telford these changes could affect how you pay dividends, claim capital allowances, manage employee expenses and...

Businesses will breathe ‘sigh of relief’ over stability of Spring Statement, says Telford accountant

The owner of a Telford firm of accountants says today’s Spring Statement contained few surprises – but did at least avoid the damaging speculation which surrounded the November Budget. Helen Columb, owner of Telford-based Turas Accountants, said businesses would breathe a collective sigh of relief at the absence of political...