Ward Williams shares all the latest financial news and updates.
Welcome to December's Financial Update from Ward Williams.
As we approach the end of the year, we bring together the key updates and guidance you need to navigate the months ahead with confidence.
In this edition, we provide an essential round-up of the 2025 Autumn Budget, highlighting the measures that may shape your future financial and strategic planning. We also outline what you need to know about Making Tax Digital for Income Tax (MTDIT) ahead of the April 2026 deadline, ensuring you are fully prepared for the changes.
For those who may have missed it, bank deposits have risen and we revisit the important update on Directors and People with Significant Control (PSCs) needing to verify themselves with Companies House, a topic that remains critical for company compliance. Alongside this, we share some useful financial important dates, to help you plan and keep on track in 2026.
As we enter the festive period, you will also find details of our Ward Williams Christmas opening hours and information on our chosen charities we are proud to support this year.
From all of us at Ward Williams, we thank you for being valued clients and wish you a very Merry Christmas and a prosperous New Year.
Please get in touch if you have any questions about any of the topics covered.
Autumn Budget 2025: Your essential round-up
Find out everything you need to know from the Autumn Budget 2025. Our expert accountants share their insights, sector perspectives, and how the announcements may affect you.
Making Tax Digital for Income Tax (MTDIT) is coming.
From April 2026, HMRC’s Making Tax Digital for Income Tax (MTDIT) will come into effect. This is a major change to the way self-employed individuals and landlords will need to report their income to HMRC.
Attention all company directors!
From 18 November 2025, mandatory identity verification with Companies House for all company directors and persons of significant control (PSCs) is now legally required. You need to take action if you have not yet verified yourself.
Bank deposits have risen
From 1 December 2025, the FSCS deposit protection limit rose from £85,000 to £120,000 per eligible depositor.
Our Christmas opening hours
As the festive season approaches, please note our adjusted opening hours over the Christmas and New Year period.
Christmas jumper day
Join our staff tomorrow (Thursday 11th December) as we support the annual Save the Children's Christmas jumper day. If you would like to take part, please feel free to donate and send us your photos to marketing@wardwilliams.co.uk
Our Christmas charities
We’re delighted to share the results of our staff charity nominations for this year’s festive donations.
We were truly moved by the number of heartfelt submissions from across our team, each one highlighting a cause making a real difference in people’s lives and within our communities.
Important financial dates
A little Christmas present from us to you. A helpful 2026 calendar that includes all the important financial dates to keep you on track for the year head.
Any assumptions, opinions and estimates expressed in the information contained in this content constitute the judgment of Ward Williams Limited and/or its associated businesses as of the date thereof and are subject to change without notice. This information does not constitute advice and professional advice should be taken before acting on any information herein. No liability for any direct, consequential, or other loss arising from reliance on the information is accepted by Ward Williams Limited. Ward Williams Limited is regulated by the Institute of Chartered Accountants in England & Wales. More details are available on our website at www.wardwilliams.co.uk
