Heriot Hughes Chartered Accountants

05/12/2025

🎄 Christmas Party Season is Nearly Here!

If you’re planning a festive celebration for your team, don’t forget the tax and expense rules around Christmas parties and staff events.

We’re here to help you:
- Understand what’s allowable
- Stay compliant with HMRC guidelines
- Avoid unexpected bills or penalties

Get in touch with us before your party season kicks off to make sure everything is in order — and enjoy the celebrations stress-free!

02/12/2025

Are You Ready for Making Tax Digital (MTD) for Income Tax?

Around 2.9 million sole traders and landlords will soon be affected by MTD, one of the biggest changes to tax reporting in years. From April 2026, digital record-keeping and quarterly submissions will become mandatory for many businesses.

Our latest blog breaks down:
- What’s changing
- When it’s happening
- How to get prepared

Make sure your business is ready — early preparation makes the transition much smoother!

https://www.heriothughes.co.uk/making-tax-digital-for-income-tax-are-you-ready/

27/11/2025

Email from Heriot Hughes Chartered Accountants Autumn Budget 2025 Good morning, I hope you are keeping well. Welcome to the Budget 2025 edition of our client newsletter. On 26 November 2025, Chancello

26/11/2025

Today’s the Day: Autumn Budget 2025! 🍂💼

The budget has just been announced. Once our team has had the opportunity to digest the details, we’ll be in touch with our clients to share our insight and analysis on what it means for your business.

Stay tuned, and if you’re not already signed up, make sure you subscribe to our newsletter to get updates directly.

21/11/2025

🚀 New Blog Post! 🚀

Planning for the long-term? Our latest article, “Preparing Your Business for Life Beyond You,” dives into how to build a legacy, protect your business, and plan for succession — so your hard work lives on.

If you're thinking about your company’s future, this one's for you.

7 Reasons to Complete Your Self Assessment Sooner Rather Than Later If you’re self-employed or need to file a Self Assessment tax return for the 2024/25 tax year, the deadline of 31 January 2026 might feel like ages away. But trust us—getting it done early is one of the smartest financial moves ...

19/11/2025

We’re receiving lots of questions from clients about how next week’s budget may—or may not—impact them.

We’ll be sharing our thoughts and insights shortly after the announcement, so to stay up to date, we recommend signing up to our newsletter if you haven’t already. Sign up here: https://www.heriothughes.co.uk/contact/

19/11/2025

If you’re self-employed or need to file a Self Assessment for the 2024/25 tax year, the 31 January 2026 deadline might feel far away… but getting it done early could save you stress, mistakes, and even money! 💼💰

In our latest blog, we share 7 solid reasons to file your Self Assessment now, not later. From avoiding last-minute stress to better cash flow planning, it’s full of tips that could make a big difference. Don’t leave it to the last minute—your future self will thank you!

7 Reasons to Complete Your Self Assessment Sooner Rather Than Later If you’re self-employed or need to file a Self Assessment tax return for the 2024/25 tax year, the deadline of 31 January 2026 might feel like ages away. But trust us—getting it done early is one of the smartest financial moves ...

19/11/2025

📂 Introducing Vault by Dext

Keep all your important business documents in one secure place — from contracts to insurance documents and everything in between. Access them anytime, stay organised, and make admin a breeze! ✅

05/11/2025

Seven Things Every Company Director Needs to Know

Our blog covers seven essential things you need to know — each one designed to help you lead more effectively, stay compliant, and drive your business forward.

Whether you’re a seasoned director or stepping into the role for the first time, having the right foundations in place helps you avoid pitfalls, safeguard your company’s future, and unlock its full potential.

https://www.heriothughes.co.uk/seven-things-every-company-director-needs-to-know/

24/10/2025

If your children, apprentices, or employees are aged between 18 and 23, there’s a good chance some of them could be sitting on money they don’t know about. Check out our latest blog post for more details....

Could Your Child Be Sitting on £2,000 Without Knowing It? New figures from HMRC reveal that more than 750,000 young people across the UK have yet to claim their matured Child Trust Funds (CTFs) – savings pots worth an average of £2,242 each. If your children, apprentices, or employees are aged b...

06/08/2025

🚨 Big Changes Coming to Companies House! 🚨

Starting 18 November 2025, all new company directors and People with Significant Control (PSCs) must verify their identity with Companies House.

https://www.gov.uk/government/news/companies-house-confirms-identity-verification-rollout-from-18-november-2025