See the big picture. Stay ahead of change.

The UK Sustainability Reporting Standards, known as UK SRS S1 and UK SRS S2, were published in final form on 25 February 2026. They are currently available for voluntary use by any entity that chooses to adopt them. The FCA has consulted on replacing existing TCFD-aligned listing rules with requirements linked to UK SRS for […]

The Employment Rights Act 2025 received Royal Assent on 18 December 2025, and several important employment and payroll changes are now in force. The first major April 2026 changes include day-one Statutory Sick Pay, removal of the lower earnings limit for SSP, new National Minimum Wage and National Living Wage rates, increased statutory family pay […]

Making Tax Digital for Income Tax is now live for the first group of taxpayers, and the next wave starts on 6 April 2027. If your qualifying income from self-employment and property was over £30,000 in the 2025/26 tax year, you are likely to be brought into the regime from April 2027. You will need […]

If you are a UK contractor taking on work in the Republic of Ireland, the most expensive surprise may not be the exchange rate, travel or materials. It may be Relevant Contracts Tax. RCT is Ireland’s withholding tax regime for certain payments in the construction, forestry and meat processing sectors. For construction businesses, it can […]

The Bank of England held Bank Rate at 3.75% on 30 April 2026, in an 8-1 vote. One member voted to raise the rate to 4.00%. The European Central Bank also held rates on 30 April 2026, leaving the deposit facility rate at 2.00%, the main refinancing rate at 2.15% and the marginal lending facility […]

If your employees are getting unexpected tax codes, duplicated employment records or unexplained HMRC messages, a payroll ID mismatch is one possible cause. HMRC uses payroll IDs as part of the Real Time Information (RTI) matching process, and even a small inconsistency can lead to duplicate employment records, incorrect year-to-date figures and avoidable PAYE queries. […]

Going self-employed is one of the more liberating decisions you can make as a working professional. You set your own hours, choose your clients, and take control of your income. What comes with that freedom, though, is a set of tax obligations that many newly self-employed people find unexpectedly complicated — particularly when it comes […]

If your business is involved in property development, construction, property investment, or acquiring land for commercial use, there is a specialist tax relief you may not have looked at closely enough. Land Remediation Relief (LRR) is a UK Corporation Tax incentive that can allow companies to claim enhanced tax deductions for the cost of dealing […]

If you are investing in innovation, developing new products, improving processes or solving technical problems, there is a good chance you could be carrying out qualifying research and development activity without realising it. R&D tax relief is one of the most valuable incentives available to companies in both the UK and Ireland, yet it is […]

Running a small or medium-sized business in the UK comes with no shortage of demands on your time. Between managing staff, keeping customers happy, and staying on top of day-to-day operations, it is easy to let the financials slide into the background until something goes wrong. The truth is, the businesses that thrive are usually […]

Buying a business is one of the biggest financial decisions you will ever make. Whether you are acquiring a competitor, expanding into a new market, or taking over a family-run company, there is always more going on beneath the surface than what is shown in the initial pitch deck or the selling agent’s summary. That […]

If your business is due for an external audit, it is normal to feel a bit uncertain about what lies ahead. You may be wondering how much work it will involve, whether it will disrupt the business, and what the auditors will actually be looking for. The good news is that an external audit is […]

If you run a business in the UK, Northern Ireland or Ireland, tax reporting is becoming more digital, more connected and less forgiving of messy records. In the UK, Making Tax Digital, usually called MTD, is already part of VAT compliance and is now moving into Income Tax.  In Ireland, the regime is different, but […]

If you run a small business, time is always under pressure. You are trying to win work, serve customers, manage suppliers, keep cash flow moving, and still stay on top of bookkeeping, payroll, VAT, tax returns, and deadlines. That is exactly why working with a tax accountant is not just about filing forms. It is […]

If you own a rental property outside the country where you live, it is easy to assume the tax position is dealt with entirely where the property is located. In reality, that is often only part of the picture. If you are a tax resident in the UK, HMRC will usually expect you to consider […]

We are delighted to share that SCC Chartered Accountants Ltd has been shortlisted in the Medium Practice of the Year category at the Irish Accountancy Awards 2026. The official 2026 shortlist confirms SCC Chartered Accountants Ltd as a finalist, and the winners will be announced at the gala event on 21 May 2026 at the […]

If you live in the UK and receive income from overseas investments or bank accounts, it is important to get the reporting right. Foreign dividends and foreign interest can still fall within your UK tax position, even when tax has already been deducted abroad. The good news is that the process is usually straightforward once […]

When relationships break down in a company or partnership, the story you think is happening and the story the numbers prove can be 2 very different things. A shareholder dispute might start with “I’m being shut out” or “the business is being mismanaged”. A partnership dispute might start with “they’re taking more than their share”. […]

We are delighted to highlight the successful completion of a significant investment deal for our client, Atlas World. Belfast-based company Atlas World acquired the majority stake investment from leading technology-driven compliance solutions specialist, Obsequio Group.  Atlas World has been working with clients and customers for more than 30 years helping to create, secure, safe, sustainable […]

The mention of AI in professional services usually conjures images of robots taking jobs. Industry news frequently portrays our industry in danger, with accounting firms not ready to handle AI, the impact on staff and on ensuring regulatory compliance. This is not the case at SCC. We believe that AI can actually be a powerful […]

SCC is thrilled to announce the grand opening of our newest office in Omagh! As our team grows, so does our commitment to serving you better. With this latest addition, we’re bringing our top-notch accounting services closer to you, right in the heart of Omagh. Whether you’re a business owner, an entrepreneur, or an individual […]