Lyfe Accountants

Lyfe Accountants 21st century accountants based in Leicestershire but covering the whole of the UK

We are now less than 6 months from Making Tax Digital for Income Tax. Are you ready?
07/10/2025

We are now less than 6 months from Making Tax Digital for Income Tax.

Are you ready?



Huge thanks to Janice and Billy at Kenton Doors who have allowed us to use their journey with us as a case study to show...
01/10/2025

Huge thanks to Janice and Billy at Kenton Doors who have allowed us to use their journey with us as a case study to showcase how we can help. We absolutely love working with them both and are delighted to see how their business has flourished.

Plotting world domination (or helping our clients a bit more)!
30/09/2025

Plotting world domination (or helping our clients a bit more)!

 Thanks for your kind words Matt.
23/09/2025


Thanks for your kind words Matt.

🚨 New Companies House Rules – Identity Checks for Directors 🚨From 18 November 2025, Companies House will start checking ...
18/09/2025

🚨 New Companies House Rules – Identity Checks for Directors 🚨

From 18 November 2025, Companies House will start checking the identity of people who run or own companies.

Here’s what this means for you as a business owner:

🧾 Who needs to do this?

All company directors (new and existing).

Anyone who owns or controls a company (for example, major shareholders).

LLP members (if you’re in a Limited Liability Partnership).

✅ How it works

You’ll need to prove who you are using photo ID, either:

Directly with Companies House online, or

Through an accountant, solicitor, or other approved agent.

Once verified, you’ll get a personal code that confirms your identity.

📅 Key dates

From 18 November 2025: new directors and new company owners must verify their ID straight away.

Existing directors and owners: you’ll need to do this before your next company confirmation statement is due.

⚠️ Why it matters

Without verification, you won’t be able to register new companies or file important updates.

Acting as a director without verifying could become a criminal offence.

👍 What to do now

Check if you or your fellow directors/owners will need to verify.

Get your ID documents ready (passport, driving licence, etc.).

Decide if you’ll verify directly with Companies House or ask your accountant/solicitor to do it.

✅ Tip: Don’t leave it to the last minute. Getting verified early avoids delays or problems with your company records.

Good luck to Riverside United Buzzards, who we proudly sponsor, ahead of their new season following on from last year's ...
16/09/2025

Good luck to Riverside United Buzzards, who we proudly sponsor, ahead of their new season following on from last year's successful title winning season!

🚀 Quick SME Tax Update — September 2025Here are the latest changes every business owner should know (no jargon, promise ...
09/09/2025

🚀 Quick SME Tax Update — September 2025

Here are the latest changes every business owner should know (no jargon, promise 👇):

1️⃣ EV mileage rates updated
✅ 8p per mile for home charging
✅ 14p per mile for public charging
👉 Update mileage logs now!

2️⃣ Budget Day announced — 26 November 2025
💡 Talk to your accountant before then for year-end planning.

3️⃣ PAYE disputes
🖥️ Must now be filed online — not via HMRC phone or chat.

4️⃣ Making Tax Digital (MTD)
📅 From April 2026 — landlords & sole traders must file digital records. Start preparing today!

5️⃣ Inheritance Tax on the rise
📈 HMRC reporting record receipts — time to review succession planning.

✨ Quick win: Spend 15 mins this week updating your mileage records, checking payroll processes, and booking a Budget review.

#️⃣

Address

Leicester
LE74YS

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm
Friday 9am - 3pm

Telephone

+441664420281

Alerts

Be the first to know and let us send you an email when Lyfe Accountants 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 Lyfe Accountants:

Share

Category