Bytheway & Co Accountants and Business Advisors

Bytheway & Co Accountants and Business Advisors Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Bytheway & Co Accountants and Business Advisors, Accountant, 23 Bilston Street, Dudley.

Bytheway & Co is a family run accountancy and business services practice established in 1979 and today, we continue to build on our enviable reputation for providing excellent advice and a first class service to our business and personal clients alike

Best of luck to England as they begin their World Cup campaign against Croatia today. A tournament like this always star...
17/06/2026

Best of luck to England as they begin their World Cup campaign against Croatia today. A tournament like this always starts with belief, focus and the hope of a strong opening result, and everyone will be hoping the team can get off to the perfect start.

From all of us at Bytheway Accountants, we wish England every success for the game and the tournament ahead. Come on England. Find out more at bythewayaccountants.co.uk.

Don't forget you can stay up to date with the latest business and accountancy news relevant to your business by subscrib...
15/06/2026

Don't forget you can stay up to date with the latest business and accountancy news relevant to your business by subscribing to the monthly Bytheway newsletter!

Subscribe online at bythewayaccountants.co.uk/registration/register

The Government has introduced a landmark new Bill aimed at tackling the growing problem of late payments to small busine...
12/06/2026

The Government has introduced a landmark new Bill aimed at tackling the growing problem of late payments to small businesses, with ministers describing the measures as the biggest crackdown in more than 25 years.

Late payment remains one of the most significant pressures facing smaller firms, particularly at a time when many businesses are already coping with rising wage costs, inflation and tighter cash flow. Government figures suggest that late payments contribute to the closure of dozens of businesses every day across the UK.

Under the proposed Small Business Protections Bill, large businesses would face a legal requirement to pay smaller suppliers within 60 days. The legislation would also introduce mandatory interest charges on overdue payments, currently proposed at 8% above the Bank of England base rate.

The Small Business Commissioner would receive stronger powers to investigate poor payment practices, resolve disputes and issue financial penalties against persistent late payers. The Bill also proposes restrictions on the use of retention payments within the construction sector, an area where delayed payments have long been a concern.

Did you know?Many businesses choose to protect themselves with key person insurance, helping to reduce the financial imp...
10/06/2026

Did you know?

Many businesses choose to protect themselves with key person insurance, helping to reduce the financial impact of losing an employee, director or other individual who is central to the success of the business. What is less widely understood is how the tax treatment of these policies can vary depending on their purpose and structure.

In some circumstances, premiums may be treated as an allowable business expense where the policy is designed purely to protect the business against the loss of that individual’s services. However, where a policy includes an investment or capital element, tax relief may not be available. The position can also differ depending on how any future proceeds are treated.

As with many areas of tax, the detail matters. Bytheway Accountants can help you understand how these arrangements may apply to your business and whether your current protection is structured appropriately. Find out more at bythewayaccountants.co.uk.

If you are finding yourself spending more time on paperwork, tax deadlines and financial admin than on actually running ...
08/06/2026

If you are finding yourself spending more time on paperwork, tax deadlines and financial admin than on actually running your business, it may be time to speak to an accountant. Bytheway Accountants provide reliable, professional support across accounts, tax returns, bookkeeping, payroll, compliance and wider business advice, helping to reduce pressure and give you greater clarity over your finances.

Whether you are a sole trader, limited company, landlord or growing business, our team can help you stay organised, meet your obligations and make better informed financial decisions. With experienced support on hand, you can focus more of your time on moving your business forward with confidence. Find out more at bythewayaccountants.co.uk.

Higher energy prices due to the conflict in the Middle East are set to make the median working-age British household £48...
05/06/2026

Higher energy prices due to the conflict in the Middle East are set to make the median working-age British household £480 worse off this year, according to the Resolution Foundation.

The think tank based its estimates on market-forecasts for the rise in energy prices consistent with market pricing after the announcement of a ceasefire.

For families with above average income, rising energy prices will likely tip living standards growth into negative territory, says the Foundation.

The typical household, previously on track for 0.9% growth, is now set to see its income fall by 0.6% – a difference of £480 – over the course of the current financial year.

It says that average income growth for the poorest fifth this year is now set to be just 1.2%, down from 2.8% before the conflict.

HMRC is warning pensioners to be on high alert for scams as the recovery of Winter Fuel Payments begins this month.Almos...
03/06/2026

HMRC is warning pensioners to be on high alert for scams as the recovery of Winter Fuel Payments begins this month.

Almost two million people are expected to repay their winter 2025 payment due to their annual income being more than £35,000. HMRC saw more than 25,000 Winter Fuel Payment scam referrals over the last 12 months. It is warning that scammers may now use the recovery process to target this group.

For most, the payment will be recovered through a change to their PAYE tax code from April 2026 with no need to contact HMRC.

For those in self assessment who file online, the payment should be pre-populated in their 2025/26 tax return. Customers should check and add it manually if it is not shown. Paper filers will need to add it on their tax return.

This applies across the UK - including in Scotland, where the payment is known as the Pension Age Winter Heating Payment and in Northern Ireland, where payments were made by the Department for Work and Pensions on behalf of the Northern Ireland Executive. In all cases, recovery is handled by HMRC.

Keeping on top of compliance is essential for any business, but the administrative burden can quickly become time-consum...
01/06/2026

Keeping on top of compliance is essential for any business, but the administrative burden can quickly become time-consuming and distracting. Bytheway Accountants provide a wide range of compliance services designed to keep your business organised, up to date and fully aligned with its statutory obligations.

From annual accounts and tax returns to payroll procedures, company secretarial work and wider reporting requirements, our experienced team ensures everything is prepared correctly, submitted on time, and managed with care. We help relieve the pressure of day-to-day compliance so you can focus more of your time on running and growing your business with confidence. Find out more at bythewayaccountants.co.uk.

The government's new procurement rules that target opportunities for smaller businesses offer hope to SMEs, according to...
29/05/2026

The government's new procurement rules that target opportunities for smaller businesses offer hope to SMEs, according to the British Chambers of Commerce (BCC).

Government departments have, for the first time, set individual spending targets for SMEs to deliver over £7.4 billion a year to small businesses by 2028.

Departments have for the first time, individually set direct SME spending targets and will publish yearly progress updates ensuring they are held to account, those who fall behind will need to set out robust actions on how they will improve.

In 2024, the BCC and Tussell's SME Procurement Tracker found only 20% of direct procurement spend from the wider public sector, including central government, went to SMEs.

Small businesses to be backed by new, stronger measures to tackle late payments, the government has announced.The Small ...
27/05/2026

Small businesses to be backed by new, stronger measures to tackle late payments, the government has announced.

The Small Business Commissioner will be given sweeping new powers to investigate poor payment practices, adjudicate payment disputes, and fine the worst offenders – with fines worth tens of millions for firms that persistently pay late or fail to comply with the new laws.

The government says the measures will tackle a problem costing the UK economy £11 billion every year.

The changes will include a new 60-day cap on payment terms on all large firms when paying smaller suppliers. New mandatory interest on late payments will also be introduced, with a requirement for all commercial contracts to include statutory interest set at 8% above the Bank of England base rate.

Address

23 Bilston Street
Dudley
DY31JA

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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