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Tag: Late Self-Employment Registration: Penalties, HMRC Deadlines and How to Stay Compliant

Late self-employment registration 17/Jul/2026
Late Self-Employment Registration: Penalties, HMRC Deadlines and How to Stay Compliant

Starting your own business is an exciting milestone. Whether you’re freelancing, contracting or launching a new venture, there are plenty of priorities competing for your attention. Registering with HM Revenue […]

July payment on account for Self Assessment HMRC Self Assessment payment 13/Jul/2026
July 2026 Payment on Account: How to Reduce Your Self Assessment Tax Bill Legally

If you’re self-employed or pay tax through Self Assessment, there’s an important deadline you shouldn’t overlook. The second payment on account for the 2025/26 tax year is due on 31 […]

Checking a valid VAT invoice 07/Jul/2026
Can You Reclaim VAT Without a Valid VAT Invoice? What Every UK Business Should Know

Introduction For VAT-registered businesses, reclaiming VAT on business purchases is a routine part of managing cash flow. However, what happens if your supplier issues an incomplete or incorrect VAT invoice? […]

Person verifying an HMRC email, phone call or letter to avoid tax scams and protect personal information. 01/Jul/2026
How to Verify if an HMRC Message Is Genuine and Avoid Tax Scams

Introduction Receiving a phone call, email, text message, or letter claiming to be from HMRC can be concerning—especially if it mentions unpaid tax, a refund, or urgent action. Unfortunately, scammers […]

Tax planning strategy using alphabet shares for limited companies 26/Jun/2026
Alphabet Shares Explained: A Flexible Way to Manage Dividend Tax

What Are Alphabet Shares? For many business owners, taking profits through dividends is one of the most tax-efficient ways to extract income from a company. However, when all shareholders own […]

Associated Companies | Accountant in Harrow 22/Jun/2026
Associated Companies and Corporation Tax: What Business Owners Need to Know

As businesses grow, it is common for companies to build up significant cash reserves. While many directors choose to extract profits through salaries, dividends, or pension contributions, another option is […]

HMRC Alternative Dispute Resolution 15/Jun/2026
HMRC Alternative Dispute Resolution (ADR): A Smarter Approach to Resolving Tax Disputes

Receiving a letter from HMRC stating that your tax affairs are under review can be concerning. In many cases, the first sign of an enquiry is a formal notice requesting […]

Director's Loan Write-Off 10/Jun/2026
Director’s Loan Write-Off: Tax Implications Every Business Owner Should Know

Directors of limited companies often use a director’s loan account to record money moving between themselves and their company. While these transactions are common, an overdrawn director’s loan account can […]

High Income Child Benefit Charge 05/Jun/2026
How to Reduce or Avoid the High Income Child Benefit Charge (HICBC) in 2026/27

For many families, Child Benefit provides valuable financial support towards the cost of raising children. However, if either parent earns above a certain income threshold, part or all of that […]

Employment Allowance 2026/27 02/Jun/2026
Employment Allowance 2026/27: Can You Claim It?

For many UK employers, the Employment Allowance is one of the most valuable tax reliefs available. In the 2026/27 tax year, eligible businesses can reduce their employer National Insurance contributions […]

Home working tax relief changes 2026 25/May/2026
Home Working Tax Relief Changes from 2026: What Employees and Employers Need to Know

Remote working has become a normal part of modern business, but the tax rules around working from home are changing significantly. From April 2026, employees will no longer be able […]

Alphabet share structure benefits 19/May/2026
How an Alphabet Share Structure Can Help Family Companies Save Tax

For many UK business owners operating through a limited company, extracting profits in the most tax-efficient way is an important part of financial planning. While salaries are commonly used, dividends […]

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