Accounting

What Happens When UK Companies Fail to File Dormant Accounts

16 Feb 2026 6 min read Business

UK companies that remain dormant still face strict regulatory obligations, with late filing penalties starting at £150 and escalating to potential company dissolution through compulsory strike-off proceedings.

How Modern Lease Accounting Rules are Reshaping UK Small Business Finance

16 Feb 2026 6 min read Business

Modern lease accounting rules under IFRS 16 have transformed simple operating expenses into complex balance sheet calculations, creating new challenges for UK small businesses that require professional tools and systems to manage effectively.