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Small and micro business: news and insights

Interviews, reflections and commentary on key issues affecting small and micro businesses.
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News and insights

Interviews, reflections and commentary on key issues affecting small and micro businesses.
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FRC issues amendments to FRS 102 and FRS 105
  • Article
  • 02 Mar 2026
Revisions to FRS 102 have been published that are relevant to preparers that choose to adapt the formats of the financial statements, alongside clarifications to the Periodic Review 2024 amendments relevant to all UK GAAP preparers.
A person holding a mobile phone in one hand, making a payment with a bank card, held in the other hand
Cyber: the dangers of agents and vibe coding
  • Article
  • 26 Feb 2026
While artificial intelligence can be an opportunity and a risk for cyber security, events in February highlighted the threat that AI tools and agents can pose to organisations’ cyber security.
Image of Victoria Street and West Bow in Edinburgh, on a sunny day. Shoppers are in the street and bunting hangs between the shops.
Prepare for 2026/27: Individuals
  • Article
  • 16 Feb 2026
ICAEW’s Tax Faculty provides a summary of some of the key changes affecting individuals from 6 April 2026, including increases to some of the rates of income tax and capital gains tax (CGT), as well as reforms to inheritance tax (IHT).
Prepare for 2026/27: Employees
  • Article
  • 10 Feb 2026
There is good and bad news for employees for 2026/27 as more low-value benefits can be provided by employers without incurring a tax charge, however the ability to make a claim for tax relief for homeworking expenses is withdrawn.
Image of Victoria Street and West Bow in Edinburgh, on a sunny day. Shoppers are in the street and bunting hangs between the shops.
Prepare for 2026/27: Employers
  • Article
  • 03 Feb 2026
In the first of a series of articles looking ahead to 2026/27, the Tax Faculty highlights five changes affecting employers from April 2026 including new rules for supply chains and increases in the national minimum wage (NMW).
Image of Victoria Street and West Bow in Edinburgh, on a sunny day. Shoppers are in the street and bunting hangs between the shops.
Winners and losers from capital allowances changes
  • Article
  • 02 Feb 2026
The new 40% first year allowance (FYA) may benefit some businesses, including those in the leasing sector. However, more businesses could lose out because of the cut in the main rate of the writing down allowance (WDA).
Five ways to compete for finance talent in SMEs and small practices
  • Article
  • 30 Jan 2026
With software industry salaries tempting career entrants away from the accountancy profession, finance recruitment in small businesses and practices must emphasise human factors.
Image of Victoria Street and West Bow in Edinburgh, on a sunny day. Shoppers are in the street and bunting hangs between the shops.
Additional business rates support announced for pubs
  • Article
  • 28 Jan 2026
The government estimates that the average pub in England will save £1,650 in business rates in 2026-27 as a result of measures announced on 27 January 2026.
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Latest Business news from Insights
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Read the latest business articles published in ICAEW's Insights hub.
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Ukraine hub
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Visit our Ukraine hub for the latest on sanctions, ethical guidance and reputational risk.
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Brexit – impact on ICAEW members
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