AudTax Accountants & Tax Consultants

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AudTax Accountants & Tax Consultants We are here to help your business grow with plain simple advice.

🏆Award-Winning Firm of Chartered Certified Accountants & Tax Consultants
Helping UK Businesses Reduce Tax 💰 & Increase Profit 📈💷
Tax Investigation Specialist 👨‍💼 We have a team of helpful friendly staff ready to assist where ever we can - just a phone call away. See what we can do for your business, get in touch and take us up on our first hour free consultation offer. Services:

- Limited Company Audits and Accounts
- Accounts for Sole Traders and Partnerships
- Self Assessment Tax Returns
- Bookkeeping
- IR35 services
- Tax Investigation Work
- Limited Company formations
- Companies House form completion
- Cash Flow Forecasts & Business Plans
- VAT services
- Payroll services
- Sage Computer Training
- Business start-up plans & projections
- Tax Planning
- Capital Gains & Inheritance Tax Advice
- Marketing your business
- Stakeholder Pension Advice.
- Company Secretarial Work.
- Other Financial Advice.

HMRC wanted approximately £17,000 💷from our client.After challenging their decision, the final outcome was:✅ £0 tax✅ £0 ...
17/10/2026

HMRC wanted approximately £17,000 💷from our client.

After challenging their decision, the final outcome was:

✅ £0 tax
✅ £0 penalties
✅ £0 interest

Here’s how we did it. 👇

Our client ran an online business 🗂️alongside her full-time job.

HMRC opened an investigation and had reviewed her tax affairs and rejected many of her claimed business expenses, applying a standard allowance of just 20% of her sales.

The potential bill? Approximately £17,000.

She was worried about how she would pay it.

When she approached us, we identified problems with the information previously submitted to HMRC.

We reconstructed her tax position, organised her records dating back to 2019, prepared the correct tax returns, and calculated her actual business profits and losses.

Then we challenged HMRC’s decision.

What happened next was interesting.

HMRC initially offered to allow 20% of the expenses.

We challenged it.

They increased it to 30%.

We challenged again.

They increased it to 50%.

We still weren’t satisfied.

We asked HMRC to explain the legal basis for refusing the remaining expenses and provide a detailed breakdown of its calculations.

We made it clear that we were prepared to take the matter further.

Eventually, HMRC accepted 100% of the expenses we had claimed.

The final result?

✅ Tax: £0
✅ Penalties: £0
✅ Interest: £0

A potential £17,000 tax bill 💵 became £0 payable following our challenge.

The lesson?

Never assume HMRC’s first decision is necessarily the final answer.

Not every expense is allowable, and not every HMRC decision can be overturned. But when you have the evidence 🧾and legislation to support your position, challenging an incorrect decision can make a life-changing difference.

Facing an HMRC investigation or a tax bill you believe is wrong?

Before accepting it, get your position properly reviewed.

We help individuals and business owners correct historic tax returns, review HMRC assessments, and challenge decisions where the facts and legislation support doing so.

📩 Send me a private message if you need help with an HMRC tax investigation.

HMRC wanted approximately £17,000💷 from our client.After challenging their decision, the final outcome was:✅ £0 tax✅ £0 ...
17/10/2026

HMRC wanted approximately £17,000💷 from our client.

After challenging their decision, the final outcome was:

✅ £0 tax
✅ £0 penalties
✅ £0 interest

Here’s how we did it. 👇

Our client ran an online business 🗂️alongside her full-time job.

HMRC opened an investigation and had reviewed her tax affairs and rejected many of her claimed business expenses, applying a standard allowance of just 20% of her sales.

The potential bill? Approximately £17,000.

She was worried about how she would pay it.

When she approached us, we identified problems with the information previously submitted to HMRC.

We reconstructed her tax position, organised her records dating back to 2019, prepared the correct tax returns, and calculated her actual business profits and losses.

Then we challenged HMRC’s decision.

What happened next was interesting.

HMRC initially offered to allow 20% of the expenses.

We challenged it.

They increased it to 30%.

We challenged again.

They increased it to 50%.

We still weren’t satisfied.

We asked HMRC to explain the legal basis for refusing the remaining expenses and provide a detailed breakdown of its calculations.

We made it clear that we were prepared to take the matter further.

Eventually, HMRC accepted 100% of the expenses we had claimed.

The final result?

✅ Tax: £0
✅ Penalties: £0
✅ Interest: £0

A potential £17,000 tax bill 💵 became £0 payable following our challenge.

The lesson?

Never assume HMRC’s first decision is necessarily the final answer.

Not every expense is allowable, and not every HMRC decision can be overturned. But when you have the evidence 🧾and legislation to support your position, challenging an incorrect decision can make a life-changing difference.

Facing an HMRC investigation or a tax bill you believe is wrong?

Before accepting it, get your position properly reviewed.

We help individuals and business owners correct historic tax returns, review HMRC assessments, and challenge decisions where the facts and legislation support doing so.

📩 Send me a private message if you need help with an HMRC tax investigation.

28/09/2026

🚨 HMRC DEMANDED NEARLY £80,000.

Our client thought he had been paying his taxes correctly on his rental income.

Then he received an HMRC enquiry asking for nearly £80,000.

He came to us to deal with the case.

We:

✅ Reviewed the full history
✅ Prepared the correct tax returns
✅ Claimed all allowable expenses
✅ Challenged HMRC where claims were initially rejected
✅ Provided evidence and supporting documentation
✅ Reviewed and challenged the penalties
✅ Negotiated directly with the HMRC officer

After reviewing our calculations and the evidence provided, HMRC accepted our position.

We also successfully appealed the penalties and HMRC cancelled them in full.

The final result?

💷 HMRC’s original demand: ~£80,000

💷 Client’s own calculation: £20,000+ plus penalties

💷 Final liability: ~£2,700 😀

That’s a difference of tens of thousands of pounds.

The lesson?

Don’t automatically accept an HMRC calculation.

Tax enquiries can become complicated very quickly, particularly when multiple years, expenses, previous tax payments and penalties are involved.

If HMRC contacts you, get professional advice before agreeing to their figures.

The right advice can make a significant difference.

📩 Need help with an HMRC enquiry or investigation? Get in touch with AudTax.

Most businesses end up on a VAT scheme without ever really choosing one.You hit the threshold, you register, and you get...
24/07/2026

Most businesses end up on a VAT scheme without ever really choosing one.

You hit the threshold, you register, and you get set up on standard VAT accounting.

Nobody asks which scheme suits your business best, it just happens. And for a lot of business owners, that's where it stays, year after year, without anyone ever questioning whether it's actually the right fit.

There are several VAT schemes available, and the differences between them are more significant than most people realise.

Standard VAT accounting - means you account for VAT based on invoices issued and received, regardless of whether you've actually been paid yet. If your clients are slow to pay, you could end up paying VAT to HMRC on money you haven't seen.

Cash accounting flips that. You only pay VAT when you've actually received payment, and reclaim it when you've actually paid your suppliers. For businesses with cash flow pressures or slow-paying clients, this can make a meaningful difference.

The Flat Rate Scheme is designed to simplify things for smaller businesses. Instead of calculating VAT on every transaction, you pay a fixed percentage of your gross turnover. Depending on your industry and how much VAT you reclaim on purchases, this can sometimes work out more favourably, but it isn't right for everyone.

Annual accounting lets you submit one VAT return per year and make advance payments throughout. Less admin, more predictability.

None of these is universally better than the others. The right scheme depends on your turnover, your industry, how quickly your clients pay, and how much you spend on VAT-rated purchases.

If you've never had a conversation with your accountant about which scheme you're on and why, that's a conversation worth having.

We'd love to have a chat with you to make sure you're on the right one for your business.

https://audtax.co.uk

When did you last hear from your accountant?By that, I don't mean their most recent invoice that's just landed in your i...
22/07/2026

When did you last hear from your accountant?

By that, I don't mean their most recent invoice that's just landed in your inbox. I mean an actual conversation.

A lot of business owners hand their finances over to someone, breathe a sigh of relief, and then... hear nothing. Months go by. The assumption is that no news is good news. If something was wrong, surely they'd be in touch.

But silence isn't the same as everything being fine. It often just means things are ticking along in the background, unquestioned, and that questions that should have been asked, weren't.

A good accountant is not quiet.

They're the ones chasing you for the receipt you forgot to send. Asking what a transaction was for before they just guess and move on. Flagging something that looks different to last month and wanting to understand why. Picking up the phone because something in your numbers doesn't quite add up and they'd rather ask than assume.

They want to know about your business - not just the invoices, but what's coming up, whether you've taken on new clients, whether anything has changed. Because that context is what turns a set of numbers into something actually useful.

That level of communication isn't an inconvenience. It's the whole point.

If you're currently working with someone and you genuinely couldn't say what's happening with your finances right now - it might be time to ask whether you're getting the service you deserve.

We check in. We ask questions. We chase. That's how it should work.

Reach out if you need your current situation to change.

https://audtax.co.uk

A lot of business owners decide early on that an accountant is a luxury they can't afford. So they take it on themselves...
20/07/2026

A lot of business owners decide early on that an accountant is a luxury they can't afford. So they take it on themselves. They'll do it at the weekend. Or at the end of the month.

But the end of the month never comes (well, it does but the taking action doesn't) and the whole thing feels so overwhelming that it gets pushed aside again.

The receipts pile up. The spreadsheet gets more confusing. The bank account doesn't match anything. And somewhere along the way, looking at the finances goes from something you meant to do to something you actively dread.

So you don't look. You hope it'll somehow resolve itself. It doesn't.

Here's what most people don't realise: bookkeepers don't expect to walk into a pristine set of records. We actually love walking into a mess. Untangling transactions, finding what's missing, making sense of months of chaos and turning it into something clean and clear -that's the job. That's the part we genuinely enjoy.

And the relief on the other side of it? That's the reason we do it.

You don't need to have it all together before you reach out. You just need to reach out.

Whatever state your books are in right now, we've seen worse. We've sorted worse. And we'd love to help you see the light at the end of the tunnel.

Get in touch - no judgement, just a fresh start.

https://audtax.co.uk

17/07/2026

One simple habit can make managing your business finances much easier.

Every business owner should consider having two business bank accounts.

Use one account for your day-to-day business spending, and a separate savings account to set aside money for tax every time you're paid.

This can help you:
• Stay prepared for your tax bill
• Improve your cash flow
• Reduce financial stress
• Earn interest on money you're already setting aside

Instead of scrambling to find the funds when your tax payment is due, you'll know the money is already there.

Small changes like this can make a big difference to how you manage your business finances.

Follow AudTax or get in touch for more practical business tips, tax advice, and award-winning accounting support.

More clients. More revenue. More stress and somehow, less money.It's one of the most common things we see when a busines...
17/07/2026

More clients. More revenue. More stress and somehow, less money.

It's one of the most common things we see when a business is growing fast. The diary is full, the invoices are going out, and on paper everything looks great. But at the end of the month, the profit just doesn't match the effort.

The problem is usually pricing.

When you first set your prices, you were probably just starting out. You were building confidence, winning work, and figuring out what you were doing. Your rates reflected that. But your business has grown, your experience, your time, and your overheads have all increased and your prices might not have kept up.

Taking on more clients at the wrong price doesn't grow your business. It just makes you busier and more stretched, for the same return.

Growth is a brilliant time to look at your numbers properly. Not just turnover, but what each client or service is actually costing you to deliver and what you're left with once you've done the work.

If you haven't reviewed your pricing in the last 12 months, now is the time.

Your books will tell you exactly where you stand. If you'd like help working out which clients and services are actually making you money - get in touch.

https://audtax.co.uk

15/07/2026

Did you know you could save up to £252 a year in tax?

If you're married or in a civil partnership, you may be eligible to claim Marriage Allowance.

This allows one partner to transfer part of their Personal Allowance to the other, helping to reduce their tax bill.

You could qualify if:
• One partner earns below the Personal Allowance
• The other partner is a basic rate taxpayer

Even better, you may be able to backdate your claim for up to four tax years, meaning you could receive a valuable tax refund if you've been eligible but haven't claimed.

It's a simple tax relief that many couples overlook.

At AudTax, we help individuals and business owners make the most of the tax reliefs and allowances available to them.

Get in touch or follow AudTax for more practical tax tips and straightforward accounting advice.

One thing that always surprises me is when business owners don't invoice in a timely manner.You've completed the work, y...
15/07/2026

One thing that always surprises me is when business owners don't invoice in a timely manner.

You've completed the work, yet you're too busy working on other things and totally forget to invoice the client.

Invoice the same day you complete the work, not when you get round to it.

This is vital for your cash flow and it's also important for client relationships. They don't want to be hit with a bill that they'd totally forgotten about months down the line. Your client expects to pay for your time and you've worked hard for it.

If you're struggling to get your financial admin in order, then why not get some help?

Get in touch today.

https://audtax.co.uk

Address

Rear Office Imperial Chambers, 10-17 Seven Ways Parade, Woodford Avenue
London
IG26JX

Opening Hours

Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 9am - 6pm

Telephone

+442036335413

Website

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