by Gareth Thomas | Aug 15, 2026 | Accounting, Business, Finance, Taxes
If you’re self-employed or complete a Self Assessment tax return, there’s an important deadline you shouldn’t overlook. Your second payment on account for the 2025/26 tax year is due by 31 July 2026. But what if your income has fallen since last...
by Gareth Thomas | Jun 25, 2026 | Accounting, Business, VAT
VAT might seem straightforward on the surface, but for many small businesses, it’s one of the easiest areas to get wrong. From late registration to incorrect VAT treatment and missed deadlines, small compliance mistakes can quickly lead to: Unexpected VAT bills...
by Jon Davies | Jun 18, 2026 | Accounting, Business, Taxes
Last year, something happened that I wasn’t expecting. I received a letter from HMRC telling me I would be fined for late payment of my VAT return. Now I know I paid my VAT return on time. I know it’s on a direct debit, but I also know that HMRC make mistakes....
by Jon Davies | May 7, 2026 | Accounting, Business
A couple of weeks ago, at our Business Improvement Summit in Liverpool, we asked the room a very simple question: What are the biggest challenges in your business right now? We had around 50 business owners in the room: different sectors – from coffee shops to...
by Jon Davies | May 7, 2026 | Accounting, Business
At the end of our Business Improvement Summit in Liverpool last week, we asked people for their biggest takeaway from the day. Now, I was hoping most people would focus on all the wise words and lessons we’d given, but one attendee said his single biggest takeaway was...
by Jon Davies | Apr 30, 2026 | Accounting, Business
At the end of our Business Improvement Summit in Liverpool last week, we asked people for their biggest takeaway from the day. Now, I was hoping most people would focus on all the wise words and lessons we’d given, but one attendee said his single biggest takeaway was...
by Jon Davies | Apr 2, 2026 | Accounting, Business, Taxes
There is a certain type of business owner who reaches the end of the tax year and says, “Right – once we get past 5 April, we’ll get organised.” Which is a bit like saying, “Once Christmas is out of the way, I’ll start the diet.” Lovely idea. Rarely a huge...
