News and Updates
Making Tax Difficult…sorry Digital
Making Tax Digital is edging closer to Making Tax Difficult (as one of our clients named it!) — at least for now. Yes, it’s boiling hot outside, and the compliance landscape feels just as warm. Our VAT‑registered sole trader clients are now navigating nine separate...
Heatwave – what can a business claim
🔥☀️ Heatwave Incoming: Here’s What Employers Can Actually Claim for Staff The sun is great… until your team starts melting. If you’re wondering what’s tax‑deductible when keeping staff cool, here’s a quick breakdown: 💧 Extra drinking water? Yes. 🌀 Fans and portable AC...
Countdown to MTD
⏰ The countdown is officially on for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), and the landscape for accountants is shifting dramatically. 4️⃣ Moving from annual filings to 4 quarterly submissions means a 400% increase in reporting deadlines for...
UK Mileage Rates
UK Mileage Rates are finally increasing
Lease Accounting Big Changes
Lease accounting is about to change in a big way.
From 1 January 2026, the new FRS 102 rules kick in.
UK Marriage Allowance
Unlock Hidden Savings: Are You Missing Out on the UK Marriage Allowance? 💡
😊 Did you know that thousands of married couples and civil partners in the UK could be eligible for a valuable tax break they’re not claiming? It’s called the Marriage Allowance, and it could reduce your tax bill by up to £252 every year!
Dividend Tax is Going Up
Dividend Tax Is Going Up — Here’s What That Really Means in Pounds & Pence (from 6 April 2026) Even if your income stays exactly the same, and you are trying to keep in that basic rate of tax, you could still be paying hundreds more in tax. Simple example (no...
Companies House P&L Filing for Small Businesses: A Welcome Pause
There’s finally some good news for small companies and micro‑entities — and it’s news many business owners will be relieved to hear. The government has paused the upcoming requirement for small businesses to publicly file their full Profit & Loss (P&L)...
Making Tax Digital from April 2026: What You Need to Know
From 6 April 2026, HMRC begins rolling out the next stage of Making Tax Digital for Income Tax (MTD for ITSA). It’s a significant shift in how sole traders and landlords keep their records and report their income—and it’s something every affected business should start...
Making Tax Digital for Income Tax postponed until April 2024
Making Tax Digital (MTD) for Income Tax & Self-Assessment (ITSA) delay Making Tax Digital for Income Tax & Self-Assessment which was due to be introduced in April 2023, has been postponed until April 2024. What does this mean for you? Although there has been a...