Xisaabtan Accountants

22/04/2026

We going to London on the 13-14 May 2026 at Excel London! Book your free ticket and join us there.

Book your free ticket now

04/03/2026

Unpopular opinion: >
The most dangerous phrase in self-employment isn’t "the check is in the mail."

It’s "I’ll just do my taxes in January."

From April 2026, HMRC is ending the annual "shoebox of receipts" tradition for anyone earning over £50,000. One deadline is becoming four quarterly updates plus a final declaration.

Get your software sorted now, or your 2027 self will be very, very cross with you.

17/02/2026

11/02/2026

Mandatory requirements before filing your next confirmation statements/ new appointments or incorporation of company.

13/06/2024

ATTENTION ALL SELF-EMPLOYED PEOPLE

HMRC changed how you calculated your tax return.

Currently, SE businesses are assessed for income tax based on the profits made during their accounting year (. Going forward, these businesses will be assessed for income tax based on the UK tax year (6 April to 5 April). This change comes into place for the 2024/25 tax year, with transitional rules applying in tax year 2023/24.

10/06/2024

An online accounting system is a web-based platform that allows businesses to manage their financial transactions, track expenses, and generate reports in real time from any location with internet access. It streamlines accounting processes, enhances data accuracy, and offers features like automated invoicing, payroll management, and financial analytics.

08/06/2024

The corporation tax rate in the UK underwent a change in April 2023, increasing from 19% to a maximum of 25% for businesses with profits exceeding £250,000. This adjustment aims to raise government revenue while maintaining a lower rate for smaller businesses, which continue to benefit from the 19% rate on profits up to £50,000.