Space Accounting

22/03/2026

📊 Quarterly MTD Update – Stay on Top of Your Taxes

It’s time for your Making Tax Digital (MTD) quarterly update. Key points this quarter:

✅ Simplified VAT & Income Tax – file efficiently with MTD-compatible software
✅ Quarterly deadlines – stay on track and avoid penalties
✅ HMRC guidance & tips – updated to help you comply
✅ Upcoming features – new tools to make reporting easier

💡 Top Tip: Set reminders and use compatible software to simplify your quarterly submissions.

Need support? Message me today!
👉 Don’t wait—stay compliant today!

16/03/2026

🚨 MTD is Changing the Way the UK Does Tax in 2026

Are you still managing your accounts the traditional way ? Spreadsheets, paperwork, and last-minute tax stress? 📑

From 2026, the UK is moving further into Making Tax Digital (MTD). That means:

✅ Digital record-keeping
✅ Quarterly updates to HMRC
✅ Real-time visibility of your tax position
✅ Less paperwork and fewer surprises

Businesses and self-employed professionals who prepare early will save time, money, and stress. Those who wait may struggle with the transition.

💡 The good news? Getting MTD-ready is easier than you think with the right systems and support.

📩 Want to know how to prepare your business for MTD 2026?
Send me a message and I’ll show you the simple steps to get started.

23/02/2026

Most business owners think about taxes when it’s time to file.

That’s already too late.

By then:
– the income is fixed
– the expenses are closed
– the opportunities are gone

Tax planning isn’t about “creative accounting.”
It’s about making strategic decisions before the year ends.

When you plan ahead, you can:
✔ optimize income timing
✔ structure expenses properly
✔ use available deductions
✔ avoid unpleasant surprises

Two businesses can earn the same revenue.
One keeps more.
The other overpays.

The difference? Strategy.

If you want to review what can still be optimized before year-end,
send me a DM with the word PLAN.

Smart tax decisions are made in advance, not under pressure.

06/02/2026

🚀 Sole traders – Making Tax Digital is coming in April 2026

If you’re a UK sole trader, big changes are on the way. From April 2026, Making Tax Digital for Income Tax will require you to:
✔️ Keep digital records
✔️ Submit quarterly updates to HMRC
✔️ Use MTD-compatible software

If you’re still relying on spreadsheets or manual bookkeeping, now is the time to act! Not when HMRC deadlines are already here.

I’ve published a practical blog explaining exactly what MTD means for sole traders, how to prepare early and how professional support can save you time, stress and potential penalties.

👉 Read the blog and find out how we can help – link in the comments

22/01/2026

Lots of tea, attention to detail and a passion for helping business owners feel in control.

That’s how I keep your finances running smoothly every month!
📸 Here’s a peek into my workspace today.

16/01/2026

📌UK taxpayers, are you ready for Making Tax Digital for Income Tax?
Keep digital records, submit quarterly updates, and make your annual filing easier. Learn more in our full guide!

Understand making tax digital for sole traders and landlords to simplify and modernize your tax reporting process.

08/01/2026

UK business owners, heads up! ⏰

Starting April 2026, the way UK businesses submit their Corporation Tax (CT600) will change:
💻 No more free HMRC portal – submissions must be made via HMRC-approved software.
📂 CT600 and company accounts will be filed separately – no more joint filing.
🧾 iXBRL format is mandatory – your software must tag all data correctly.
📊 New fields and attachments – including creative reliefs and other allowances.

✅ How to prepare:
1️⃣ Choose HMRC-approved software
2️⃣ Test your submissions before March 2026
3️⃣ Download your historical CT600s and accounts
4️⃣ Ensure your software supports new fields and reliefs

Stay ahead of the curve and avoid penalties for late or incorrect filings! 🚀