Jolly Accountancy Services Limited

03/06/2026

The £100 filing penalty

Did you know HMRC charges a £100 penalty for a Self Assessment return filed just 1 day late, even if you don't owe any tax?
Filing on time costs nothing. Missing the deadline does.

https://jollyaccountancyservices.co.uk/2026/06/01/hmrc-penalties-interest-may-2026/

02/06/2026

Tax relief is available on charitable donations made by an individual who has paid income tax equivalent or more than the tax on the donation.

01/06/2026

🆕 NEW BLOG POST

📢 New on the blog: HMRC Penalties in 2026: What Every Business Owner Needs to Know
From late Self Assessment returns to VAT payment charges, HMRC penalties can escalate quickly in some cases reaching 100% of the tax owed.
Our latest guide breaks down exactly what you could face across Self Assessment, VAT, and Corporation Tax, and more importantly how to avoid it.
👉 https://jollyaccountancyservices.co.uk/2026/06/01/hmrc-penalties-interest-may-2026/

29/05/2026

28/05/2026

Are running costs of my car used for business, other than fuel taxable?

Yes, other employer contributions to the running costs of employees’ cars are taxable.

But employees can claim a tax deduction, using AMAP.

27/05/2026

𝗣𝗮𝘆𝗿𝗼𝗹𝗹 𝗘𝗿𝗿𝗼𝗿𝘀 𝘁𝗼 𝗔𝘃𝗼𝗶𝗱

Simple payroll mistakes can cause big headaches.

Things like incorrect payroll IDs or missing start dates can create duplicate records and HMRC issues.

Getting it right first time saves a lot of back and forth later.

https://jollyaccountancyservices.co.uk/2026/05/04/payroll-changes-for-the-2026-27-tax-year-what-employers-need-to-know/

25/05/2026

𝗖𝗜𝗦 𝗥𝗲𝘁𝘂𝗿𝗻𝘀 𝗔𝗿𝗲 𝗕𝗮𝗰𝗸

If you’re in construction, take note 👇

Monthly CIS returns are now mandatory again — even if you’ve had no subcontractor payments.

Nil returns are back, and so are penalties for missing them.

https://jollyaccountancyservices.co.uk/2026/05/04/payroll-changes-for-the-2026-27-tax-year-what-employers-need-to-know/

21/05/2026

If I share a company car, how much will I be taxed?

You are only taxed on the proportion of the year you use the car

Tax due on fuel can also be worked out proportionately if you give up the ‘free’ fuel and so long as the fuel is not reinstated later.