Eden Fyfe Accounts

Eden Fyfe Accounts Eden Fyfe Accounts is a unique accountancy firm.

Not only do we offer traditional accounting and tax services, we also provide a range of related business advisory services.

18/06/2026

📢 Important update for employers: Benefits-in-kind changes ahead

There’s now less than a year to prepare for a major shift in how benefits-in-kind are taxed.
From 6 April 2027, employers will be required to report and pay Income Tax and NICs on most benefits via payroll, replacing the current P11D reporting process.

What are benefits-in-kind?

Non-cash perks like:
▪️ Company cars 🚗
▪️Private medical insurance 🏥
▪️Gym memberships 💪

Currently, employers can take up to 15 months after the tax year to report these. Soon, this will move to real-time payroll reporting.

⚠️ With over 3.5 million employees receiving taxable benefits, the impact will be widespread affecting employers, employees and payroll systems alike.

✅ Now is the time to review your processes, systems, and compliance readiness.

🎂 Happy Birthday, Pamela! 🎂Today we’re wishing our Client Manager Pamela a very happy birthday as she celebrates a big m...
15/06/2026

🎂 Happy Birthday, Pamela! 🎂

Today we’re wishing our Client Manager Pamela a very happy birthday as she celebrates a big milestone birthday! 🥳✨

The office simply wouldn’t be the same without her and we’re so grateful for everything she brings to the team.

We hope she enjoys a well‑deserved break and has a wonderful time celebrating her special day. Have a fantastic birthday, Pamela! 🎈💐

💍 Wedding Bells 💍Today is a special day as our Business Development Coordinator, Gemma is getting married! 💕From all of ...
12/06/2026

💍 Wedding Bells 💍

Today is a special day as our Business Development Coordinator, Gemma is getting married! 💕

From all of us, we’re sending lots of love and best wishes as you start this exciting new chapter together. We’re looking forward to celebrating with you and raising a glass to the new Mrs Watson! 🥂

10/06/2026

Summer savings for families ☀️

The UK Government has announced a temporary reduced VAT rate of 5% on selected children’s activities between 25 June and 1 September 2026.

This applies to:

✔️ Children’s admission tickets (cinemas, theatres, exhibitions)
✔️ Entry to family attractions (e.g. zoos, theme parks, soft play)
✔️ Children’s meals in hospitality

This is a welcome move to help reduce costs for families during the school holidays.

If you're a business affected by these changes and need guidance, feel free to get in touch.

09/06/2026

📢 Statutory Sick Pay changes

From 6 April 2026, new rules under the Employment Rights Act 2025 have brought significant changes to Statutory Sick Pay (SSP).

Key updates:

✅ No Lower Earnings Limit

All eligible employees can now receive SSP, regardless of earnings. Payments are 80% of normal weekly earnings or £123.25 (whichever is lower).

✅ No waiting period

SSP is now payable from day one of absence, no more waiting until day four.

📅 Transitional rules apply:

➡️ Absences starting on or after 6 April 2026 follow the new rules
➡️ Absences starting before this date follow previous rules

💡 These changes make SSP more accessible, especially for lower-paid employees, and apply across the UK.

05/06/2026

📢 Important VAT Update for Hospitality Businesses

The government has announced a temporary reduction in VAT on children’s meals this summer.

🔹 VAT rate reduced from 20% to 5%
🔹 Applies from 25 June to 1 September 2026

✅ This applies to children’s meals consumed on the premises, where they are clearly marketed and priced as children’s menu items.

⚠️ Be aware:

• It does not apply to takeaway meals
• It does not include smaller or discounted adult meals

💡 This temporary change may require updates to your till systems, menus, and accounting processes to ensure the correct VAT treatment is applied during this period.

If you’re unsure how this affects your business or need help implementing the change, please get in touch.

💍✨ Love, Laughter & A Little Tax Saving… ✨💍As we celebrate our Business Development Coordinator, Gemma, gearing up for h...
04/06/2026

💍✨ Love, Laughter & A Little Tax Saving… ✨💍

As we celebrate our Business Development Coordinator, Gemma, gearing up for her big day 👰🏼‍♀️💐, we thought it was the perfect time to share a little marriage perk you might not know about…

💡 Did you know about Marriage Allowance?

If you’re married or in a civil partnership, you could transfer £1,260 of your Personal Allowance to your partner, potentially saving up to £252 a year in tax! 💷

✅ One partner must earn below the personal allowance
✅ The other must be a basic rate taxpayer
✅ It’s quick to apply via HMRC

👉 A small “I do” that can give your finances a boost!

And in true team spirit… we couldn’t resist getting into the wedding mood ourselves 😄 Yes, the whole office in wedding dresses… for our bride-to-be!

03/06/2026

⏰ June deadlines are approaching

This is your monthly reminder, if you’re running payroll or CIS, a few key dates to keep in mind this month:

📅 19 June – CIS returns due
📅 22 June – PAYE & CIS payments due

Avoid unnecessary penalties or interest.

🎂 Happy Birthday, Donna! 🎂Today we’re wishing Donna, our Accounts Assistant, a very happy birthday. We hope she enjoys p...
01/06/2026

🎂 Happy Birthday, Donna! 🎂

Today we’re wishing Donna, our Accounts Assistant, a very happy birthday. We hope she enjoys plenty of cake, celebrations and a lovely day🎈 🎉

26/05/2026

📣 P11D Deadline Reminder

If you provide employees or directors with benefits or expenses, don’t forget:

📅 6 July – P11D and P11D(b) forms must be submitted to HMRC

💷 22 July – Class 1A National Insurance must be paid (if paid electronically)

Missing the deadline can lead to penalties and interest, so it’s worth getting everything checked and filed on time.

Your yearly reminder to stay compliant ✅

Address

Glenrothes
KY74NS

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm

Telephone

01592630048

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