Eamonn P McGrady & Co

21/05/2026

Martin Lewis tells us that the HMRC tax free mileage rate is being increased to 55p per mile, backdated to 1 April.

Great news, especially for paid carers.

21/05/2026

It’s a bank holiday weekend, so our office will close a little earlier than usual, at 4pm.

Enjoy your weekend.

21/05/2026

Children’s meals and admission charges…..

Some good news on the VAT front with a very short term relief on children’s meals and admission charges, but just during the school summer holidays and this summer only.

VAT rate reduced from 20% to 5%.

Don’t get too excited…..wait for the details!

04/05/2026

24/04/2026

National Minimum Wage.

Employers need to watch out for birthdays, employee status changes etc.

15/04/2026

Openreach has launched a £50k grant scheme, with grants of up to £2k for “grassroots” organisations.

Go for it!

06/04/2026

A very Happy New (Tax) Year to you.

New Year resolutions you might like to keep:

1. Get your 2026 Tax Return completed early this year.

2. If you’re included within Making Tax Digital this year, get ready for that.

3. Great time to look at your finances- look at Standing Orders and direct debits. Are they all necessary and appropriate?

4. Look at costs like telephone, insurance , marketing and bank charges. Can these be reduced?

5. The two ways to make more money in a business are to increase revenue or reduce costs. Consider both.

6. Make a plan. Create a budget.

7. Look at debtors, creditors and cash flow management.

8. Time to review your pensions, life insurance and income protection.

9. Review staff contracts.

10. Focus on the magic multiplier. (52!) Generate an extra £10 in revenue each week and reduce costs by £10 each week and you will save over £1000 in a year! Let small steps pay for your holiday…..

01/04/2026

A wonderful family business celebrating 35 years on Market Street. Melissa….as always, working so hard in the background, amazing organiser. And where is any business without a top class staff team! Congratulations to them all.

28/03/2026

Our Downpatrick office closes at 5pm on Thursday 2nd of April and reopens at 9am on Wednesday 8th of April.

Our Newcastle office closes at 1pm on Thursday 2nd of April and reopens on Thursday 9th April at 9am.

Have a lovely Easter and a very Happy New Tax Year.

25/03/2026

Not long now until the end of the tax year and the start of a new one.

Why not gather the information for your Tax Return now?

Get that Tax Return completed early.

Save yourself annoyance later.

You might be due a repayment. Why not get it earlier?

You may have a payment to make. Find out how much and give yourself time to plan.