M N Accountancy & Co

M N Accountancy & Co We are a firm of Chartered Certified Accountants based in London.Our aim is to build up professional and friendly relationships with our clients.

🚨 One of the most expensive mistakes a business can make isn't underpaying tax.It's classifying income or expenditure in...
20/06/2026

🚨 One of the most expensive mistakes a business can make isn't underpaying tax.

It's classifying income or expenditure incorrectly.

The distinction between **Capital** and **Revenue** may sound technical, but getting it wrong can lead to HMRC enquiries, rejected claims, unexpected tax bills, and costly disputes.

For example:

✔ Is it a day-to-day business expense?
✔ Is it an investment that creates long-term value?
✔ Should it be deducted immediately or claimed over time?

The answer can significantly affect your tax position.

Many businesses unknowingly treat capital expenditure as revenue expenditure—or vice versa—resulting in incorrect tax returns and unnecessary compliance risks.

💡 The good news? Most of these issues can be avoided with the right advice before filing.

A proactive review today could save your business time, money, and stress tomorrow.

📩 Speak to MN Accountancy for expert guidance on capital vs revenue treatment and stay one step ahead of HMRC.

🚨 Buying or selling a business?The deal price is only part of the story.What really matters is how much you keep after t...
18/06/2026

🚨 Buying or selling a business?

The deal price is only part of the story.

What really matters is how much you keep after tax.

Too many business owners focus on negotiations, valuations, and legal paperwork—only to discover later that poor tax planning has cost them thousands.

Before you sign anything, ask yourself:

❓ Could Business Asset Disposal Relief apply?
❓ What are the Capital Gains Tax implications?
❓ Is there Stamp Duty or SDLT to consider?
❓ Is the deal structured in the most tax-efficient way?

The right planning before a transaction can make a significant difference to your final outcome.

💡 The best tax-saving opportunities often exist **before** the deal is completed—not after.

Whether you're buying, selling, restructuring, or preparing for an exit, professional tax advice could save you far more than it costs.

📩 Speak to MN Accountancy before your next transaction and make sure your tax strategy is as strong as your business strategy.

🚨 STOP SCROLLING.What if your business is entitled to thousands of pounds in tax reliefs... but nobody has told you?The ...
17/06/2026

🚨 STOP SCROLLING.

What if your business is entitled to thousands of pounds in tax reliefs... but nobody has told you?

The reality is that HMRC won't call you to say:

❌ "You've missed a tax relief."
❌ "You're paying more tax than necessary."
❌ "There's money you could be claiming back."

And that's exactly why many UK business owners leave valuable tax savings on the table every year.

Some of the most commonly overlooked opportunities include:

✔ R&D Tax Relief
✔ Capital Allowances
✔ Employment Allowance
✔ Business Rates Relief
✔ Pension Contributions

For many businesses, these aren't small savings—they can add up to thousands of pounds.

The businesses that keep more profit aren't always the ones earning the most.

They're the ones making sure they're claiming everything they're entitled to.

💡 One tax review today could uncover savings you've been missing for years.

📩 Message MN Accountancy to find out whether your business is claiming all available tax reliefs.

🚨 A simple CT600 mistake could cost your company far more than you think.Many directors assume their Corporation Tax Ret...
16/06/2026

🚨 A simple CT600 mistake could cost your company far more than you think.

Many directors assume their Corporation Tax Return is "just another form."

Until HMRC issues a penalty.

Late filing, incorrect figures, missing schedules, or errors in your CT600 can trigger penalties, interest charges, and unnecessary scrutiny from HMRC.

The reality?

Most businesses don't get into trouble because they're trying to avoid tax.

They get into trouble because they underestimate how important accurate filing really is.

Before you submit your next Corporation Tax Return, ask yourself:

✅ Is every figure accurate?
✅ Have all allowable expenses been claimed?
✅ Are supporting schedules complete?
✅ Is your filing fully HMRC compliant?

Getting it right the first time could save your business hundreds—or even thousands—of pounds.

Don't let a preventable mistake become an expensive lesson.

📩 Let MN Accountancy handle your CT600 filing with confidence and accuracy.

🚨 Capital Gains Tax Alert 🚨The CGT Annual Exemption has fallen from *£12,300 to just £3,000*.That means more of your pro...
15/06/2026

🚨 Capital Gains Tax Alert 🚨

The CGT Annual Exemption has fallen from *£12,300 to just £3,000*.

That means more of your profit could now be taxable when you sell:
🏠 Property
📈 Shares & Investments
💼 Business Assets

Every disposal counts, and poor timing could result in a higher tax bill than necessary.

✅ Plan before you sell
✅ Make use of available reliefs
✅ Structure disposals efficiently
✅ Reduce your Capital Gains Tax exposure

Don't wait until after the sale — tax planning works best before decisions are made.

📞 Contact M N Accountancy today for expert CGT planning advice.

14/06/2026

🚨 Most people focus on how much profit they make.

Smart people focus on how much they keep.

With tax rules changing and allowances reducing, poor planning could mean handing HMRC more of your money than necessary.

The good news?

A little planning today can make a big difference tomorrow.

✅ Reduce unnecessary tax
✅ Make use of available reliefs
✅ Stay fully compliant
✅ Protect more of your hard-earned profits

Don't wait until after the transaction is complete to think about tax.

Plan it right. Keep more of what you earn.

📩 Speak to MN Accountancy today and discover how smart tax planning can work in your favour.

🚨 HMRC has already reduced the Capital Gains Tax allowance.The question is: Have you adjusted your tax strategy?With the...
11/06/2026

🚨 HMRC has already reduced the Capital Gains Tax allowance.

The question is: Have you adjusted your tax strategy?

With the annual CGT exemption now just **£3,000**, more investors, landlords, and business owners are finding themselves paying tax on gains that previously fell within the allowance.

And the worst part?

Many people only think about Capital Gains Tax after they've sold an asset—when it's already too late to plan effectively.

Smart tax planning can help you:

✅ Reduce your Capital Gains Tax liability
✅ Make use of available reliefs and exemptions
✅ Structure disposals more efficiently
✅ Keep more of your hard-earned profits
✅ Avoid costly surprises from HMRC

The difference between paying more tax and paying only what you legally owe often comes down to planning ahead.

Don't let Capital Gains Tax eat into the wealth you've worked hard to build.

📩 Book your FREE Tax Review today and discover opportunities to protect more of your profits.

💷 What if you're paying more tax than you legally need to?Every year, thousands of UK taxpayers miss out on valuable tax...
10/06/2026

💷 What if you're paying more tax than you legally need to?

Every year, thousands of UK taxpayers miss out on valuable tax reliefs and allowances simply because they don't know what's available to them.

From Personal Allowance and Pension Contributions to Gift Aid, Dividend Allowance, and other HMRC-approved reliefs, there are legitimate ways to reduce your tax burden and keep more of your hard-earned income.

The problem?

Many people assume their tax position is already optimised when, in reality, they could be overlooking opportunities to save.

A personalised tax review can help you:

✅ Identify eligible tax reliefs and allowances
✅ Ensure you're not overpaying HMRC
✅ Improve your tax efficiency
✅ Stay fully compliant with current tax rules
✅ Gain confidence in your financial planning

Smart tax planning isn't about avoiding tax—it's about making sure you only pay what you owe, and not a penny more.

📩 Book your free personalised tax relief review today and discover whether you're leaving money on the table.

👉 The easiest way to lose £100 in the UK? Miss your Self Assessment deadline🚨 Think missing your Self Assessment deadlin...
09/06/2026

👉 The easiest way to lose £100 in the UK? Miss your Self Assessment deadline

🚨 Think missing your Self Assessment deadline is no big deal?

Think again.

Many UK taxpayers are shocked to discover that HMRC can issue an automatic £100 penalty simply for filing late—even if you don't owe any tax.

That's right.

No tax bill.
No outstanding balance.
Still a penalty.

And if the delay continues, the costs can quickly escalate with additional daily penalties, interest charges, and further fines.

The frustrating part?

Most penalties happen because people leave their tax return until the last minute, misplace important documents, or underestimate how long the process takes.

A few hours of preparation today could save you money, stress, and unnecessary headaches tomorrow.

✅ File accurately
✅ Meet HMRC deadlines
✅ Avoid costly penalties
✅ Gain peace of mind

Don't let a simple tax mistake turn into an expensive lesson.

📩 Get professional support and avoid penalties before it's too late.

🚨 Think Making Tax Digital (MTD) is something you can deal with later?That mindset could cost your business time, money,...
08/06/2026

🚨 Think Making Tax Digital (MTD) is something you can deal with later?

That mindset could cost your business time, money, and unnecessary stress.

HMRC is continuing its move towards a fully digital tax system, meaning businesses and individuals will increasingly need to keep digital records and submit information using compatible software.

If you're still relying on spreadsheets, manual processes, or outdated systems, now is the time to prepare.

✅ Keep digital records with confidence
✅ Meet HMRC requirements
✅ Reduce the risk of penalties
✅ Save time on tax administration
✅ Gain better visibility of your finances

MTD isn't just about compliance—it's about creating a more efficient way to manage your business finances.

The businesses that prepare early will spend less time worrying about deadlines and more time focusing on growth.

Don't let MTD catch your business off guard.

📩 Book your compliance review today and make sure you're ready for the future of tax reporting.

Address

London
E79AB

Opening Hours

Monday 10am - 6:30pm
Tuesday 10am - 6:30pm
Wednesday 10am - 6:30pm
Thursday 10am - 6:30pm
Friday 10am - 6:30pm
Saturday 12am - 4pm

Telephone

07903543517

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