Erdingsworth Business & Tax Advisors

Erdingsworth Business & Tax Advisors Forward Thinking Accountancy, at affordable prices...
(1)

🚗 HMRC Mileage Rate Increased to 55p Per MileFor the first time in over 15 years, HMRC has increased the approved mileag...
03/06/2026

🚗 HMRC Mileage Rate Increased to 55p Per Mile

For the first time in over 15 years, HMRC has increased the approved mileage rate for cars and vans from 45p to 55p per mile for the first 10,000 business miles travelled each tax year.

Announced in May 2026 and backdated to 6 April 2026, the change means employees, directors and self-employed individuals can claim greater tax-free mileage relief when using their own vehicles for business journeys.

The increase reflects rising fuel, insurance and vehicle running costs, and may require businesses to review their mileage reimbursement policies and payroll processes.

Remember: business mileage includes travel to clients, meetings and temporary work locations, but not ordinary commuting between home and your permanent workplace.

😬 Got a question about your personal tax return?😃 Don’t worry — there’s always a friendly face on the other end of the p...
10/05/2026

😬 Got a question about your personal tax return?
😃 Don’t worry — there’s always a friendly face on the other end of the phone, ready to help!
📱 Give us a call today: 0121 759 9966
Let’s make sure your return is accurate, on time, and stress-free.

☕️ Can’t even find time in the day to make yourself a cup of tea?👨‍💼Let us handle your financial matters, so you can foc...
06/05/2026

☕️ Can’t even find time in the day to make yourself a cup of tea?

👨‍💼Let us handle your financial matters, so you can focus on what you do best (running your business, not making a cup of tea!)

🏦Our expert team ensure your finances are in safe hands, leaving you free to pursue your passions and achieve your goals.

Say goodbye to financial stress and hello to success 👋!

Want to find out more? Why not arrange an appointment to meet the Team and we’ll even make the tea!

Today marks 5 years of Erdingsworth 🎉From day one, the goal has been simple: deliver real value, honest advice, and a se...
30/04/2026

Today marks 5 years of Erdingsworth 🎉

From day one, the goal has been simple: deliver real value, honest advice, and a service people can trust — offering forward thinking accountancy at affordable prices.

Five years on, we’re proud to have:
• Built strong, lasting relationships with our clients
• Achieved consistently high satisfaction rates
• Helped individuals and businesses make smarter decisions
• Grown through referrals, trust, and results

None of this happens without the people behind it — our clients, partners, and supporters who’ve been part of the journey so far.

We’re incredibly grateful for the trust placed in us, and we’re just getting started.

Here’s to the next chapter 🚀

The Lower Earnings Limit (LEL) has increased:🔺 £542/month (2025/26)➡️ £559/month (2026/27)💡 Why this matters:You still d...
28/04/2026

The Lower Earnings Limit (LEL) has increased:

🔺 £542/month (2025/26)
➡️ £559/month (2026/27)

💡 Why this matters:
You still don’t pay National Insurance at this level…
…but you continue to earn entitlement to State Pension and other benefits.

⚠️ The change means:
If your salary stays the at £542/month , you could accidentally fall below the new LEL and lose those benefit credits.

🎯 Action for directors:
Review your salary for 2026/27 to ensure it stays at or above £559/month.

📩 Received a compliance letter from HMRC and not sure what to do?It can feel worrying, but you don’t have to deal with i...
26/04/2026

📩 Received a compliance letter from HMRC and not sure what to do?

It can feel worrying, but you don’t have to deal with it alone. Most HMRC letters need a reply within a set time, and getting it wrong can lead to penalties or extra hassle.

At Erdingsworth Business & Tax Advisors Ltd, we can help you:
✅ Understand what the letter means
✅ Respond correctly and on time
✅ Keep the process as simple and stress-free as possible
✅ Make sure your records are in good shape going forward

Don’t ignore it or guess your way through — a quick conversation can make things much clearer.

📞 Get in touch for a no-obligation chat and see how we can help.

If you wear a uniform for work and wash or maintain it yourself, you may be able to claim tax relief on those costs thro...
23/04/2026

If you wear a uniform for work and wash or maintain it yourself, you may be able to claim tax relief on those costs through HMRC.

👕 What is it?
A flat-rate allowance that reduces the tax you pay each year for cleaning your work uniform.

📝 How to claim:
• Apply online through your HMRC personal tax account, search 'HMRC Flat Rate Expenses' in your search engine
• Or submit a P87 form
• You can usually backdate claims for up to 4 years

It’s quick to do and handled directly with HMRC — no need for third parties.
Worth checking if you haven’t already.

Not in healthcare? Different professions have different rates — worth checking what you could claim.

Tax-free allowances (2026/27):• £12,570 Personal Allowance (frozen)• ~ £1,000 / £500 Personal Savings Allowance (unchang...
20/04/2026

Tax-free allowances (2026/27):

• £12,570 Personal Allowance (frozen)
• ~ £1,000 / £500 Personal Savings Allowance (unchanged)
• £500 Dividend Allowance (unchanged)
• £3,000 Capital Gains Tax allowance (unchanged)
• £20,000 ISA allowance (tax-free interest, dividends & gains) (unchanged)
• £1,000 Trading Allowance (unchanged)
• £1,000 Property Allowance (unchanged)
• £1,260 Marriage Allowance transfer (unchanged)
• ~ £3,250 Blind Person’s Allowance (increased)
• £5,000 Starting Rate for Savings (low income only)
• £7,500 Rent-a-Room relief (tax-free income)
• £60,000 Pension annual allowance (tax relief)

UK Company Incorporation Costs:• £50 Companies House registration (standard online)• £78 postal application (if not onli...
17/04/2026

UK Company Incorporation Costs:
• £50 Companies House registration (standard online)
• £78 postal application (if not online)
• £0–£300+ formation agent (optional, for speed & extras)

What you may also need:
• Registered office address
• Business bank account
• Accounting support

💡 Reality: You can set up a company for as little as £50, but most people invest a bit more to get it done properly and stay compliant.

At Erdingsworth, we help you set up correctly from day one — avoiding costly mistakes later.

📈 Are Your Costs Rising but Your Turnover Staying the Same?With inflation pushing up supplier prices, wages and overhead...
15/04/2026

📈 Are Your Costs Rising but Your Turnover Staying the Same?

With inflation pushing up supplier prices, wages and overheads, now is the time to review your selling prices.

If your costs are increasing but your prices aren’t, your profit margins could be shrinking.
✔️ Have you checked your margins?
✔️ Is your turnover growing?
✔️ Do you review regular Management Accounts?

Up-to-date Management Accounts give you clear visibility on performance and help you make informed decisions.

Contact the team for support.

📞 0121 759 9966
🌐 www.erdingsworth.co.uk

Address

Unit 3 Cuckoo Wharf
Birmingham
B67SS

Opening Hours

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

Telephone

+441217599966

Website

Alerts

Be the first to know and let us send you an email when Erdingsworth Business & Tax Advisors posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Erdingsworth Business & Tax Advisors:

Shortcuts

Share

Category