TCW Accounting Solutions

18/06/2026

Here’s a TCW-style post with a business advisory angle:

📢 Mandatory Payrolling of Benefits: Are You Ready for April 2027?

Big changes are coming to how employee benefits are reported to HMRC.

From April 2027, payrolling benefits will become mandatory, replacing the traditional P11D process with real-time reporting through payroll.

For many employers, this represents one of the most significant payroll process changes in recent years.

Benefits such as company cars, private medical insurance and other taxable benefits will need to be reported and taxed through payroll during the tax year, rather than being reconciled afterwards through annual P11D submissions.

While the change aims to simplify reporting and improve accuracy, it will also require organisations to review:

✔ Payroll processes and controls
✔ Benefit data collection and accuracy
✔ Communication with employees
✔ Payroll software capabilities
✔ Internal responsibilities across payroll, HR and finance

The organisations that start planning early will be best placed to ensure a smooth transition.

At TCW Accountancy & Training Solutions, we are helping businesses understand what these changes mean in practice and how to prepare their payroll processes for the future.

If you would like to discuss how mandatory payrolling of benefits could affect your organisation, we’re happy to help.

Vanessa Aradia

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09/06/2026

Companies House reforms are coming. The time to prepare is now.

The government has confirmed that the Companies House accounts reforms introduced under the Economic Crime and Corporate Transparency Act will proceed, with implementation expected from April 2028.

For many small businesses, this will mean changes to how accounts are prepared and filed.

Some of the key reforms include:

✓ Small companies and micro-entities will be required to file a Profit & Loss Account with Companies House.

✓ Businesses will be able to opt out of having their Profit & Loss Account published on the public register, although details are still to be confirmed.

✓ All companies will eventually be required to file accounts using commercial software.

✓ Additional measures will strengthen transparency and improve the accuracy of information held on the Companies House register.

While 2028 may seem some distance away, the businesses that prepare early are often the ones that experience the smoothest transition.

Now is a good time to ask:

❓Are your accounting records up to date and accurate?
❓Are you using suitable accounting software?
❓Do you understand what information will need to be submitted?
❓Could your reporting processes be improved before the changes arrive?

At TCW, we believe compliance should support better business decisions, not simply satisfy filing requirements.

Over the coming months we’ll be helping our clients understand what these reforms mean, what actions are required, and how to prepare with confidence.

If you would like to discuss how these changes may affect your business, get in touch.

06/06/2026

A temporary VAT reduction can create opportunities for hospitality businesses, but only if the detail is understood and implemented correctly.

The government’s summer VAT relief for qualifying children’s meals presents an interesting example of how tax policy and commercial strategy intersect. A reduced rate may help businesses offer greater value to families during the holiday period, while also encouraging footfall at a traditionally important time of year.

The challenge is that tax reliefs rarely operate in isolation. Eligibility, product setup, menu structure, EPOS configuration and record keeping all matter. A well-intentioned promotion can quickly become a compliance issue if systems are not aligned with the rules.

For hospitality businesses, now is the time to review qualifying products, test VAT settings and ensure teams understand how the relief applies in practice.

The businesses that gain the greatest benefit from legislative change are often those that prepare before the change arrives.

If you operate a café, restaurant, pub or hospitality venue and would like support reviewing your VAT processes, TCW is here to help.

05/06/2026

World Environment Day serves as a timely reminder that sustainability is increasingly becoming a business consideration as well as an environmental one.

From energy consumption and resource efficiency to digital transformation and long-term resilience, organisations are operating within a landscape where environmental awareness and sound business practice are closely connected.

At TCW Accounting & Training Solutions, we believe that good decision-making considers both immediate outcomes and long-term impact. Whether supporting clients with financial management, payroll, business planning or skills development, we recognise that sustainable organisations are built through thoughtful stewardship, informed choices and a commitment to continual improvement.

Strong businesses contribute to strong communities, and strong communities depend upon healthy, resilient environments.

These considerations belong in every decision, every day of the year.

https://www.unesco.org/en/days/environment

5 June

02/06/2026

The £500 Question For Landlords

Could there be £500 worth of legitimate expenses sitting in a drawer somewhere in your house?

Receipts.

Invoices.

Insurance documents.

Safety certificates.

Many landlords keep them because they know they’re important.

Few keep them because they know how much tax they could save.

For every £500 of legitimate expenses that go unclaimed, a landlord paying tax at:

✔ 20% could pay an extra £100 in tax

✔ 40% could pay an extra £200 in tax

✔ 45% could pay an extra £225 in tax

That’s between 20p and 45p of unnecessary tax for every £1 of allowable expenses that isn’t claimed.

Good record keeping isn’t just about being organised.

It’s about making sure you claim everything you’re entitled to.

Before your next tax return, it might be worth taking another look at that pile of paperwork.

You may be surprised by what’s in there.

📩 If you’re unsure what expenses can be claimed against your rental income, TCW Accounting Solutions can help.

01/06/2026

A Question Every Landlord Should Ask

If HMRC asked for your property records tomorrow, would everything be easy to find?

A simple filing system can save hours of stress.

Consider keeping:
📁 Rental income records
📁 Invoices and receipts
📁 Insurance documents
📁 Safety certificates
📁 Property maintenance records

Good organisation supports compliance, reduces administration and makes tax return preparation far simpler.

A well-run property portfolio starts with good records.

How do you currently organise your property paperwork?

24/05/2026

Choosing a payroll provider is not just about getting payslips processed.

It is about choosing a partner who understands the bigger picture of your business.

A few questions worth asking:

• Does your provider understand payroll in the context of tax, compliance, cash flow and business operations?
• Can they spot risks, trends or opportunities before they become problems?
• Do you have direct access to experienced professionals who know your business?
• Are you receiving practical advice as your business grows and changes?
• Can your provider support you beyond payroll with wider financial and business guidance?
• Do you feel like a valued client or simply another ticket in a queue?

Payroll does not operate in isolation.

It connects to pensions, HMRC compliance, workforce planning, business costs, reporting and employee experience. When handled properly, it becomes part of a stronger business strategy, not just an admin function.

At TCW, we do more than process payroll.

As accountants and business advisers, we support businesses with the wider picture too, helping clients navigate compliance, growth, efficiency and change with confidence.

That means joined-up support, practical advice, and experienced professionals who understand how payroll fits into the reality of running a business.

Because good payroll is not just about accuracy.
It is about trust, insight and having the right people beside you when decisions matter.

10/05/2026

Construction pricing needs a tax review

If your construction business has employees, subcontractors, VAT, CIS and rising costs, pricing needs to reflect the full picture.

The 2025/26 changes affect employment costs, compliance time, software costs and admin requirements.

That means your quote for a job needs to account for more than materials and labour.

Think about:

Payroll costs
Employer National Insurance
CIS admin
VAT position
Software costs
Bookkeeping time
Professional fees
Cash flow gaps
Tax payments

Strong pricing starts with strong numbers.

TCW helps construction businesses understand the figures behind the work.

09/05/2026

Construction businesses need better records before 2026

The direction of travel is clear: more digital records, more frequent submissions and closer HMRC visibility.

For construction businesses, this means bookkeeping needs to be practical, current and reliable.

That includes:

Receipts
Invoices
Mileage
Materials
Subcontractor payments
Payroll records
CIS deductions
VAT records
Bank feeds
Software access

Good records are not just for year end. They help you price jobs, manage cash flow and understand whether the business is making money.

TCW can help construction businesses set up bookkeeping systems that work in real life.

08/05/2026

Self Assessment for construction workers

If you are a sole trader, CIS subcontractor, landlord or company director with untaxed income, Self Assessment still needs to be handled carefully.

Filing early gives you time to understand:

Your tax bill
CIS deductions
Payments on account
Allowable expenses
Potential refunds
Cash flow for January and July

For CIS subcontractors, accurate records can make a significant difference, especially where tax has already been deducted at source.

TCW provides Self Assessment tax returns for construction workers from £150.

Get your records in early and give yourself time to plan.