Elementary Accountancy Services

Elementary Accountancy Services We are not your typical accountancy practice. Helping you focus on what matters, your business.
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29/05/2026

Happy Biscuit Day! 🍪✨

Whether you love them dunked in a brew, sandwiched with cream, or straight from the packet, today is all about celebrating the humble biscuit in all its delicious forms 😍

From classic digestives to cheeky chocolate treats, there’s a favourite for everyone…

👇 Tell us your favorite biscuit in the comments!

✨ It’s that time of the month again…TEDDY’S TAX TIPS! ✨ 📈 Thinking about how to extract maximum tax efficiency from your...
21/05/2026

✨ It’s that time of the month again…TEDDY’S TAX TIPS! ✨

📈 Thinking about how to extract maximum tax efficiency from your business this tax year ends? Have you thought about making additional pension contributions?

The tax rules vary depending on whether you are a company director or a self employed person, so let's break down the key differences:

*Sole Trader* : personal tax relief as a self-employed individual, you make personal contributions out of your net (taxed) income.
Basic Rate Relief: Your pension provider automatically tops up your contribution by 20%.
Higher Rate Relief: If you are a 40% or 45% taxpayer, you must claim the remaining 20% to 25% tax relief manually through your Self Assessment tax return.

*Limited Company director* : You should make employer contributions directly from the company bank account.
Corporation Tax Deduction: The contribution is treated as an allowable business expense. This directly reduces your company’s taxable profits, saving you up to 25% in Corporation Tax.
National Insurance Holiday: Money paid directly into your pension bypasses National Insurance entirely—saving both the employer and employee portions.

Is your set up the most tax efficient for your personal circumstances?
(we don't give advice on types of pension etc, only the tax treatment).

As always, any questions please give us a shout!

12/05/2026

📢 MTD Reminder 📢

Quick Update: Is your income over £50,000?

If you’re self-employed or a landlord earning more than £50,000, the way you report to HMRC is changing.

Making Tax Digital (MTD) is coming, and it’s time to get ready!

What you need to do:
✅ Switch to digital record-keeping, using MTD-compatible software.
✅ Prepare for quarterly updates - instead of just one annual return.
✅ Sign up soon to avoid the last-minute rush and potential penalties.

Don't get caught out by the deadline—start tracking your tax digitally now to stay compliant and see exactly where your finances stand.

Questions? Check your status on GOV.UK or drop a comment below! 👇

Hello everyone time for another of my tax tips! As beer garden season is upon us, thought I would cover entertaining as ...
04/05/2026

Hello everyone time for another of my tax tips! As beer garden season is upon us, thought I would cover entertaining as it’s one people get wrong a lot!

Starting with the bad news there is no tax relief for entertaining customers or suppliers, this applies for both companies and sole traders.

Entertainment can be an important business expense so you should still record it to get a good picture of your business costs but don’t include it in your tax return!

https://www.gov.uk/expenses-if-youre-self-employed/marketing-entertainment-subscriptions

However, the good news! If you have staff (or you are a director on the payroll of your limited company) you can claim up to £150 a year for each employee and their partner that you have spent entertaining them. Usually people use this to have a “Christmas party” but it can be spent across the year for things like after work drinks too! Just be careful not to exceed this allowance as this then creates a taxable benefit for your employees!

https://www.gov.uk/hmrc-internal-manuals/business-income-manual/bim45033

https://www.gov.uk/expenses-benefits-social-functions-parties

As always there are a few rules and exemptions to be aware of so we’ve included a few links! If you have any questions or need any help give us a shout!

30/04/2026

🚨 VAT DEADLINE REMINDER 🚨

If your VAT quarter ended on 31st March, your submission and payment deadline is 7th May.

Make sure everything is filed on time to avoid any penalties ⏰

🌍 Happy Earth Day from all of us at Elementary Accountancy 🌱Today is a great reminder that small actions can make a big ...
22/04/2026

🌍 Happy Earth Day from all of us at Elementary Accountancy 🌱

Today is a great reminder that small actions can make a big difference — not just for the planet, but for the future of our businesses and communities too.

As an accountancy practice, we’re committed to doing our part by:
✔️ Reducing paper use and embracing digital solutions
✔️ Supporting clients who want to operate more sustainably
✔️ Continuously reviewing our own environmental impact

Sustainability isn’t just good for the planet — it’s smart business.

We’d love to hear from you — how are you making your business more sustainable?

21/04/2026

Happy National Tea Day! ☕️💛

There’s nothing better than a good brew to start the day or wind down in the evening. Whether you’re a classic builder’s tea kind of person or you like something a bit different, today’s the perfect excuse to put the kettle on!

How do you like your tea? ☕️

07/04/2026

🚨 New tax year starts now!

Don’t wait until deadlines creep up.
Start the year strong with organised accounts, better planning, and clear financial goals.

Let’s make this tax year simpler, smarter, and stress-free.

📩 DM us today to get set up.

🌸🐣 Happy Easter to all our clients and followers! 🐰🌼We hope you enjoy a joyful and relaxing holiday filled with happines...
03/04/2026

🌸🐣 Happy Easter to all our clients and followers! 🐰🌼

We hope you enjoy a joyful and relaxing holiday filled with happiness, chocolate, and time with loved ones.

Please note that our offices are now closed for the Easter break and will reopen on Tuesday. We look forward to assisting you when we return!

Wishing you a wonderful Easter weekend! ✨

01/04/2026

Today is April Fools’ Day, here are 10 ways to not get tricked.

Method 1:

…see more

🐾 Teddy’s Tax Tips 🐾Woof woof! 🐶 Teddy here, back with another paw-some tax tip to help you keep more treats in your poc...
26/03/2026

🐾 Teddy’s Tax Tips 🐾
Woof woof! 🐶 Teddy here, back with another paw-some tax tip to help you keep more treats in your pocket!
Today’s tip is all about claiming travel expenses 🚗✈️ and how it works differently if you’re a sole trader vs a limited company.

🐕 If you’re a Sole Trader:
You can claim travel expenses for business-related trips — like visiting clients or suppliers. This includes things like fuel, train tickets, parking, and even hotel stays if needed. Just remember… no claiming for your everyday commute to your regular place of work (even if it’s your favourite park 🦴).

🐕‍🦺 If you run a Limited Company:
Things work a little differently! The company pays for your business travel, and you can either:
✔️ Reimburse yourself for expenses
✔️ Or claim mileage if you use your personal vehicle
The key is making sure everything is wholly and exclusively for business — HMRC doesn’t like any funny business (and neither do I! 🐾).

🐾 Teddy’s Top Tip:
Keep good records! Receipts, mileage logs, and notes on why you travelled will make your life MUCH easier if anyone comes sniffing around.
That’s all for today — stay pawsitive and tax-smart! 🐶💼

Address

Barugh Green
Barnsley
S751FX

Opening Hours

Wednesday 9:30am - 4:30pm
Thursday 9:30am - 4:30pm
Friday 9:30am - 4:30pm

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