Recent legislation changes include:
In (hyper)space no one can hear you scream!
It is always a good idea to keep one eye on the strange offerings that drop out of the "Pandora's Box" of new legislation. Due out in April 2000, IR35 will have a major impact on small consultancies working on client sites, especially in the IT sector. The Construction Industry could be "all shook up" if they don't get to grips with the new CIS regulations. If you aren't paying your fair share of NI, then how about NI on share options? And for those who like tongue-twisters, how about REVBN2D, as an end to "mixing" foreign tax payments.
Your accountant is there for you, to keep a watch on all new developments, leaving you free to concentrate on what you know best - your business.