Accounting Taxation & Business Services

02/04/2026

The Beccles office will be back open on Tuesday 7th April ready to kick off the new & different tax year!
We wish you all an enjoyable Easter🌟

19/03/2026

Its been a busy couple of months here at the office, getting ready for the big MTD!
Have you registered yet?

A little MTD guide linked below

Get ready for the new way to record and report income to HMRC for sole traders and landlords.

08/01/2026

⏰23 days until self assessment deadline day⏰
Have you filed your 24/25 return?

22/12/2025

Wishing you all a very Merry Christmas and a Happy 2026!

05/12/2025

Tax compliance checks are currently at an all time high.
HMRC could investigate you at any time, to make sure you are declaring all income and claiming for allowable expenses only.

01/12/2025

If you missed it,
UK AUTUMN BUDGET 2025 – KEY POINTS
1. Income Tax & NIC thresholds frozen to 2031

No increases in tax bands or the personal allowance → more people pulled into higher bands (“fiscal drag”).

2. Higher taxes on investment & property income

Dividend tax: +2 percentage points from 2026/27.

Savings interest & rental/property income tax: +2 percentage points from 2027/28.

3. “Mansion Tax” / High-value property surcharge

From April 2028, annual charge on homes over £2 million.

4. Pension changes – Salary sacrifice cap

From April 2029, pension salary-sacrifice will be National-Insurance–free only up to £2,000/year.

5. ISA allowance changes

From 2027, cash ISA limit for under-65s cut from £20k → £12k (overall ISA limit unchanged).

6. New tax on electric vehicles

Mileage-based charge from April 2028 (e.g., ~3p/mile for EVs).

7. Fuel duty

Freeze extended to Sept 2026, then phased increases begin.

8. Energy bills

Changes to energy levies expected to cut average bills by ~£150/year from April 2026.

9. Benefits

Two-child limit scrapped from April 2026 — families can claim benefits for more than two children.

10. Wages

National Living Wage (2026):

£12.71/hr for ages 21+

Increases for younger workers too.

11. Support for investment / business

EIS & VCT investment limits increased from 2026.

Temporary stamp-duty-free period for newly listed UK companies (from Nov 2025).

12. Public finances

Tax measures raise ~£26.6bn by 2030/31.

Fiscal headroom projected to rise to ~£21.7bn by 2029/30.

28/11/2025

We have just over 2 months to go until the 24/25 self assessment deadline day.
Do not wait until the last minute to file yours!
Late filing will result in a £100 penalty.

08/11/2025

At the going down of the Sun and in the morning we will remember them

30/10/2025

*HMRC & TAX REBATES*
HMRC are now taking unto 4 months to issue tax refunds due to extra security checks taking place.
You can use the link below to find out the date that you can start chasing your tax rebate.

Find out when you can expect to receive a reply from HMRC to a query or request you've made.

24/10/2025

MAKING TAX DIGITAL (MTD)
Will be mandatory for all sole traders that have earnt £50,000 and over in the tax year 24/25, this will come into force in April 2026.
You will be required to submit your figures on a quarterly basis, making a final declaration at the end of January 2027 and paying any income tax due.

23/10/2025

100 days until self assessment deadline day!
As we all have an extra hour this weekend, why not use that time to collate your tax data for your return to be completed.
You still have until the 31st of January 2026 to pay any tax due.

20/10/2025

COMPANIES HOUSE ID VERIFICATION
From the 18th of November 2025 Companies House now require all NEW directors & PSC's to be ID verified.
All current directors & PSC's have until you file your next confirmation statement after the 18th of November 2025.