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 | Aug 12, 2026 | Accounting, Business, Taxes
Receiving a call, email, letter or text claiming to be from HMRC can be unsettling. If the message mentions a tax refund, an overdue payment or asks you to take urgent action, it’s natural to wonder whether it’s genuine. Unfortunately, fraudsters are...
by Gareth Thomas | Jul 22, 2026 | Accounting, Business, Finance, Taxes
If you run a family company, you may have wondered whether there is a more tax-efficient way to share profits between family members. One option that is often discussed is the use of alphabet shares. When used correctly, alphabet shares can provide greater flexibility...
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 Gareth Thomas | Jun 10, 2026 | Accounting, Business, Finance, Taxes
When it comes to Self-Assessment tax returns, many people leave everything until January. But waiting until the last minute can create unnecessary stress, increase the risk of mistakes and leave you scrambling to find money for an unexpected tax bill. The deadline for...
by Jon Davies | May 28, 2026 | Accounting, Business
As a Liverpool fan, I can’t pretend I’m not relieved the season is over. And, as a football fan, I can’t pretend I’m not relieved to have a few months when I don’t need to postpone celebrating a goal while VAR takes a few minutes trying to find a reason to disallow...
by Gareth Thomas | May 4, 2026 | Accounting, Business, Taxes
If you work from home, you’ve probably noticed the impact on your household bills. Higher heating, electricity, and other day-to-day costs can quickly add up. Up until now, there’s been some tax relief available to help with those extra costs. However, from April...
