VN Accountancy & Bookkeeping Limited

VN Accountancy & Bookkeeping Limited Accountancy & Bookkeeping Advice & Services for small owner managed businesses & individuals

When you set up a business with someone else, you're both optimistic. Same goals, same energy, same vision for where it'...
02/09/2026

When you set up a business with someone else, you're both optimistic. Same goals, same energy, same vision for where it's heading.

Nobody sits round the table on day one and asks: what happens if one of us wants out in five years? What if one of us gets ill? What if we simply stop agreeing on the big calls?

That's exactly why a shareholders' agreement matters. Not because you're expecting a falling out, but because it's far easier to agree the rules while everyone's still getting on.

Things it's worth deciding early:
Who can buy shares if someone wants to sell
Which decisions need everyone's sign off, and which don't
What happens if a shareholder dies, retires, or wants to leave
How disagreements get resolved before they become expensive ones

If you own a business with anyone else and there's no agreement in place, it's worth a conversation. Get in touch and we'll talk you through what one should cover for your situation.

Autumn is a good time to get ahead of your tax planning, before things get busy in the run up to year end. Here's what w...
01/09/2026

Autumn is a good time to get ahead of your tax planning, before things get busy in the run up to year end. Here's what we'd suggest thinking about now:
🏦 Pension contributions: if you've been meaning to top up, reviewing this in good time is generally sensible
💷 Dividend vs. salary timing: if you're a company director, it's worth reviewing how you're extracting profit throughout the year, not just at year-end
📈 Any planned asset sales: timing can matter, so it's worth thinking this through rather than rushing a decision

A bit of forward planning rarely hurts, and it means you're not scrambling to react later in the year.

Want to talk through your own planning? Get in touch to see how we can help.

📋 A quick round-up for business owners, there are a few things worth checking off this month:☐ MTD quarterly update: Fil...
27/08/2026

📋 A quick round-up for business owners, there are a few things worth checking off this month:

☐ MTD quarterly update: Filed for Q1 if it applies to you?
☐ Companies House ID verification: Done, or do you know your confirmation statement date?
☐ Payment on account: Paid, or is a Time to Pay plan in place if needed?
☐ Digital records: Up to date, or catching up from a busy July?

None of these are glamorous, but staying on top of them now saves a much bigger headache later in the year. If any of these have slipped, you're not alone and it's fixable.

Want us to run through where you stand on any of these? Just get in touch.

26/08/2026

31 days, 31 seconds. This is Natalie's July, one second at a time.

Mountain roads through France. A toddler doing laps on her trike, helmet on, very serious about it. A dog who turns up in nearly every clip - invited or not. Evenings on horseback and an extension we're slowly making progress on.

This is the bit of life that runs alongside VN, not around it. Family, fresh air, and the odd s'more.

What would your July look like, condensed to one second a day?

HMRC wants everyone paying VAT and PAYE by direct debit. HMRC has opened a consultation on making direct debit the only ...
25/08/2026

HMRC wants everyone paying VAT and PAYE by direct debit.

HMRC has opened a consultation on making direct debit the only way most businesses pay their VAT and PAYE bills.

Right now, just 13% of VAT and PAYE-registered businesses pay this way. If the proposal goes ahead, that could apply to around 2.4 million businesses and sole traders - pretty much everyone except the very largest, whose tax bills are too big for the direct debit system to handle.

The idea is to cut down on late payments and reduce errors, since HMRC would automatically collect what's owed a few days after your return is submitted (giving you notice beforehand of the amount and date).

A few things worth knowing:
💡It's still just a proposal, the consultation runs until 16 August 2026
💡HMRC is also considering penalties or incentives to encourage direct debit use
💡It sits alongside other changes in the pipeline, including plans for more timely Self Assessment payments

We'll keep you posted as this develops. In the meantime, if you'd like to get ahead of the curve and switch to direct debit now, we're happy to help you set it up.

We are excited to welcome Olga to the VN team - Olga has been with us for a couple of months now, but we will let her in...
20/08/2026

We are excited to welcome Olga to the VN team - Olga has been with us for a couple of months now, but we will let her introduce herself...

Hi - I am Olga and I am very excited to join the VN team! I am originally from Moscow but moved to the UK around 20 years ago, where I live in Warwickshire with my husband Jeff - prior to that, we travelled extensively as a family, living and working in various places throughout Europe, Asia and the USA🛬

I am a fully qualified accountant and, in the past, have worked for big multinational organisations but felt it was time for something different, where I can balance my professional life with my family in the new era of my husband retiring and the children flying the nest.

🪻I am a keen gardener and constantly tinkering with my perennial borders – they are all colour coordinated (of course!) and I am always on a lookout for new plants to ensure transition between seasons.
🏡A few years ago, we embarked on a house renovation project. Amid running team of builders and sub-contractors, I’ve learned a great deal about English pottery🏺, paint, textiles etc and now have my own Insta page for all things beautiful.
🏃‍♀️I also love movement and I am always on a “let’s get fit” project - whether it’s walking, running or swimming.
⛸️My favourite sport is a figure skating: I love watching it and love skating myself. My favourite thing in the world is to skate in Warwick castle at Christmas time with my children.

I look forward to meeting you all

19/08/2026

People often ask what it's actually like behind VN. Here's Vicky's July, one second a day.

No client meetings, no filing deadlines, just the real stuff: Wimbledon, coffee, a painting session with a drink in hand, a gym I nearly skipped, and a lot of good food.

I'm an accountant, but I'm also just getting on with life like everyone else. That's exactly why I understand what my clients are juggling too.

Curious what a month in your life would look like condensed to 31 seconds? We'd genuinely love to know.

If you employ staff, holiday pay is one of those areas where you have to get it right, first time. HMRC's Fair Work Agen...
18/08/2026

If you employ staff, holiday pay is one of those areas where you have to get it right, first time. HMRC's Fair Work Agency now has real enforcement powers, and claims for underpaid holiday pay can go back years.

Here's what to check:
✅ Full-time staff on a 5-day week are entitled to 5.6 weeks' paid leave (28 days), and it starts building up from their very first day.
✅ Part-time staff get the same on a pro-rata basis.
✅ Irregular hours or part-year staff: If you have anyone on zero-hours contracts or term-time working, there's a specific method for working out their holiday: 12.07% of hours worked. If you're using "rolled-up" holiday pay (building it into their normal wage rather than paying it separately when they take leave), it must be shown as a clearly separate line on their payslip.
✅ Record-keeping: You now need to be able to show how you've calculated each person's holiday pay and entitlement, not just get the sums right. Spreadsheets and guesswork won't cut it if you're ever asked to evidence it.

The businesses who get caught out usually aren't being deliberately careless, it's more that the rules have shifted and nobody's told them. Worth a quick check now rather than a costly one later.

Not sure if your current approach is up to scratch? We're happy to talk it through.

With the school holidays in full swing, a reminder for working parents (including the self-employed): Tax-Free Childcare...
12/08/2026

With the school holidays in full swing, a reminder for working parents (including the self-employed): Tax-Free Childcare could be quietly saving you money on holiday clubs and childcare.

How it works:
For every £8 you pay in, the government adds £2 - up to £2,000 a year per child (£4,000 if your child is disabled)
It covers approved holiday clubs, childminders and nannies, not just term-time nurseries
Self-employed parents are eligible too. You just need to expect average earnings equivalent to 16 hours a week at the National Living Wage
One thing to watch: if either parent's income goes over £100,000 for the year, the household loses eligibility

It's a scheme a lot of eligible families still aren't using and it is worth checking if it applies to you, especially with summer costs adding up.

Not sure if you qualify, or want to know how it interacts with your business income? We're happy to talk it through.

Company directors: have you verified your identity with Companies House yet?Since November 2025, ID verification has bee...
11/08/2026

Company directors: have you verified your identity with Companies House yet?

Since November 2025, ID verification has been a legal requirement and it's tied to your confirmation statement, not a single date for everyone. In practice, that means:
Existing directors and PSCs need to verify before their company's next confirmation statement is filed
The final backstop for everyone is 18 November 2026 but for many companies, the real deadline lands much sooner
You can verify yourself online in about 15–20 minutes via https://www.gov.uk/ One Login, or ask your accountant to do it if they're an authorised agent

Miss it, and your confirmation statement can't be filed, which can hold up other filings too, and risks fines or disqualification.

Not sure when your company's next confirmation statement is due? Drop us a message and we'll check for you. 👍

Address

Ground Floor, Unit 15, Somerville Court, Trinity Way, Banbury Business Park
Bicester
OX173SN

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 3pm

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