In The Black Ltd

In The Black Ltd Accountancy Practice based in London. Self Assessment Tax Returns, Corporation Tax Returns and more

Running a small business is challenging enough without trying to manage the finances alone 🙏You didn’t start your busine...
24/06/2026

Running a small business is challenging enough without trying to manage the finances alone 🙏

You didn’t start your business to become an expert in HMRC deadlines, VAT returns, or corporation tax - but for many owners, that’s exactly what happens 😅

That’s where we come in. At In The Black Ltd, we’re more than accountants. We’re the financial support your business deserves:

• Qualified CIMA & AAT accountants 🎓
• A personal, tailored service - not a one-size-fits-all package 🤝
• Clear insight into your numbers, not just compliance reporting ✅
• Experience working with small businesses like yours 💼

We bring the expertise of an in-house finance team, at a fraction of the cost.

Because every business deserves to be In The Black 💚

📩 Book a free consultation and let’s talk about how we can support you.
Visit: intheblackltd.co.uk or DM us today!

22/06/2026

💷 We’re in the black. Keeping more money in your pocket - and less with HMRC.

Most limited company directors either overpay themselves in salary or rely too heavily on dividends. But the way you structure your income can make a real difference.

Here’s a commonly used tax-efficient approach for taking £60,000 from a limited company in 2026/2027:

• £9,100 salary
✔ Below the National Insurance threshold
✔ No employee or employer NI
✔ Still counts towards your State Pension qualifying year

• £50,900 dividends
✔ Taxed at lower rates than salary
✔ No National Insurance
✔ First £500 tax-free allowance applies

Estimated outcome:
• Total tax: ~£7,500

Compared to taking £60,000 as salary:
• Tax + NI: £13,000+
• Potential saving: ~£5,500

⚠️ Figures assume no other income and will vary depending on individual circumstances.

We’re qualified accountants, and we only work within fully legal, compliant tax rules - no shortcuts, just smart planning.

📩 Speak to us for more personal advice tailored to your situation.

✨ Client feedback like this deserves to be shared ✨"Working with In The Black has been an absolute game-changer for our ...
20/06/2026

✨ Client feedback like this deserves to be shared ✨

"Working with In The Black has been an absolute game-changer for our business. As business owners, managing finances used to feel overwhelming, but the In The Black team has completely taken that weight off our shoulders." 💙

This is exactly why we do what we do.

Running a business comes with enough challenges without having to worry about spreadsheets, deadlines, cash flow, and compliance keeping you awake at night 📊😅

At In The Black, we're here to do more than manage your accounts. We're here to help you understand your numbers, make confident decisions, and create a stronger foundation for growth 🚀

Whether you're looking for support with bookkeeping, management accounts, tax planning, or business strategy, our goal is simple: to take the stress of finances off your shoulders so you can focus on what you do best 💼✨

Because when you have the right financial partner by your side, business feels a whole lot easier 🤝

📞 Ready to spend less time worrying about your finances and more time growing your business? Get in touch with the In The Black team today.

How can accountants help you scale your business? 📊🚀At In The Black, we go far beyond the numbers.We’re your financial p...
18/06/2026

How can accountants help you scale your business? 📊🚀

At In The Black, we go far beyond the numbers.

We’re your financial partners, your sounding board for ideas, and your strategic advisors helping you turn ambition into action 💡

From understanding your profit margins to shaping long-term growth strategies, we work alongside business leaders to bring clarity to complex decisions and confidence to every stage of growth.

Because when you have the right financial insight, you don’t just understand your business-you know how to scale it.

We help you answer the questions that matter most:

📈 Where is the real opportunity for growth in my business?
💡 How do we future-proof our business model and stay competitive?
🚀 What does a profitable, scalable strategy actually look like in practice?

Whether it’s refining your operating model, unlocking new revenue streams, improving margins, or stress-testing your plans against market realities -we’re here to challenge thinking, sharpen strategy, and support delivery.

Because sustainable growth doesn’t happen by chance. It happens with clarity, structure, and the right financial partner by your side 🤝

👉 If you’re ready to build a stronger, more scalable business, get in touch with the In The Black team to explore how we can support your growth journey.

💰 Here’s a sobering fact: 82% of small businesses fail due to cash flow problems 😳 Not because they aren’t profitable - ...
17/06/2026

💰 Here’s a sobering fact: 82% of small businesses fail due to cash flow problems 😳 Not because they aren’t profitable - but because they run out of cash at the wrong moment.

Cash flow is simply the movement of money in and out of your business 💸 But managing it effectively is where many business owners struggle.

Here’s what good cash flow management looks like:

📌 Know your numbers – Understand exactly when money is coming in and going out each month 📊
📌 Invoice promptly – The sooner you invoice, the sooner you get paid ⏱️ Set clear payment terms and stick to them
📌 Forecast ahead – Plan for quieter months, big expenses, and VAT bills before they arrive 📅
📌 Chase late payments – Don’t be shy. Outstanding invoices are your money - go get it 💪
📌 Keep a cash buffer – Aim to have at least 3 months of operating costs in reserve 🛡️

At In The Black Ltd, we produce detailed management accounts that give you a real-time picture of your cash position 📈 We help you spot problems before they become crises - and identify opportunities you might be missing.

We’re not here to baffle you with spreadsheets. We sit down with you (virtually or in person), walk you through the numbers in plain English 🗣️, and make sure you feel confident and in control.

📞 Call us today for a free chat. Let’s make sure your business never runs dry 💧

📢 Think being a company director means just ticking an extra box on your tax return? Think again. If you're a director c...
16/06/2026

📢 Think being a company director means just ticking an extra box on your tax return? Think again.

If you're a director completing a Self Assessment tax return, you'll need to provide additional information about your directorships, including:

✔️ Whether you're a director during the tax year
✔️ Whether the company is a close company
✔️ Company registration details
✔️ Dividends received (including £0)
✔️ Your highest shareholding percentage during the year

Importantly, this is not a new requirement for all directors to file a tax return. However, if you already need to submit one, these additional disclosures will be mandatory.

One area likely to cause confusion is calculating shareholding percentages, particularly where companies have multiple share classes or ownership changes during the year. HMRC's guidance states that directors should report the highest percentage held at any point during the tax year.

Another key point: don't leave fields blank. Even if you received no dividends or hold no shares, you must enter zero where required. Missing information could result in penalties!

Now is a good time for directors and advisers to start gathering the relevant information to avoid last-minute issues and ensure returns are completed accurately.

💬 If you have any questions about the new requirements, or need support with preparing and filing your Self Assessment tax return, get in touch with our team. We're here to help you understand what's required and ensure your return is submitted accurately and on time.

13/06/2026

💷 Important Change for Savers from April 2027

From April 2027, banks and building societies will be required to collect your National Insurance number. This will enable HMRC to automatically identify savings interest that exceeds your Personal Savings Allowance and collect any tax due through your PAYE tax code.

This is part of a wider move to improve the reporting and taxation of savings income.

With interest rates still higher than in recent years, more people are finding themselves exceeding their tax-free savings allowances without realising it.

What this means for savers:

• HMRC will be able to automatically match savings interest to taxpayers.
• Interest above your tax-free savings allowance may be identified more easily.
• Any tax due could be collected through your PAYE tax code.
• More people may become aware of tax liabilities on their savings income.

Don't get caught out.

✅ Understand how the April 2024 changes may affect your savings.
✅ Learn legitimate ways to reduce tax on savings interest.
✅ Review your options before the new rules take effect.

The good news? There are legal and effective ways to reduce the tax you pay on savings interest.

📩 Want to understand how these changes could affect you and what steps you can take? Send us a direct message today.

If you’re only looking at your business finances once a year when your accounts are due, it’s easy to feel like you’re a...
11/06/2026

If you’re only looking at your business finances once a year when your accounts are due, it’s easy to feel like you’re always a step behind 😬

A lot can change in 12 months. And without regular financial insight, it’s hard to know what’s really going on in your business until it’s too late to easily fix it.

That’s where management accounts come in. They give you a clear, up-to-date picture of how your business is performing throughout the year, usually on a monthly or quarterly basis.

They help you understand things like:
• Are you actually making a profit once everything is accounted for? 💰
• What does your business really own vs owe? 🧾
• Is your cash flow healthy and sustainable? 💸
• Which numbers really matter most for your business right now? 🎯

When you have that clarity, you can:
• Spot problems early, before they grow ⚡
• Make decisions with confidence, not guesswork 🚀
• Understand what’s driving profit (and what isn’t) 📈
• Feel more prepared when speaking to banks or investors 🏦

Because clarity leads to better decisions. And better decisions build stronger businesses 💪

If you want more clarity in your numbers, we’d love to chat.

HMRC is changing - and fast 🔄 Between Making Tax Digital, new reporting requirements, and shifting deadlines, it can fee...
09/06/2026

HMRC is changing - and fast 🔄

Between Making Tax Digital, new reporting requirements, and shifting deadlines, it can feel impossible to keep up when you're busy actually running your business. Here's what's on the horizon:

MTD for Income Tax hit in April 2026 📅
Quarterly digital submissions replacing annual returns 💻
Stricter penalties for late or incorrect filings 🚨
New rules around reporting side income and property 🏠

Staying compliant isn't optional - but it doesn't have to be overwhelming either.

At In The Black Ltd, we stay ahead of every HMRC change so you don't have to. We make sure your business is always prepared, always compliant, and never caught off guard.

Don't let HMRC changes catch you out. 📩

Book a free consultation at intheblackltd.co.uk - let's get you ahead of it.

VAT. Three letters that cause a disproportionate amount of stress for business owners 😅Whether you've just hit the thres...
07/06/2026

VAT. Three letters that cause a disproportionate amount of stress for business owners 😅

Whether you've just hit the threshold or you've been VAT registered for years - getting it wrong is costly. And HMRC isn't exactly forgiving with errors 🚨
Here's what we take off your plate completely:

Preparing accurate VAT returns every quarter 📋
Filing on time, every time ✅
Keeping everything MTD-compliant 💻
Spotting anything that doesn't look right before it becomes a problem 🔍

No more last-minute panic. No more wondering if you've missed something. Just clean, accurate VAT returns handled by people who know exactly what they're doing.

Let us take it from here 👇

📩 DM us or visit intheblackltd.co.uk for a free consultation.

Address

Beckenham
BR3

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

Telephone

+447341201053

Website

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