Cheryl Berry Accountancy LTD

08/03/2026

With MTD around the corner for those with £50,000 + gross income on self assessments you will need to start thinking about software options to remain compliant

The first one I will highlight is FreeAgent with fully compliant software and if you bank with Natwest, RBS, Ulster or Mettle then this is completely free

Please follow my link below and I can arrange a conversation to make sure you are up and running smoothly

Start using FreeAgent to easily keep your numbers up to date, get an overview whenever you need it and help us give you the most timely advice.

20/10/2025

🚀 Tip #3: File early = relax later

Imagine being done and dusted while everyone else is panicking in January,
That’s future-you saying “thanks.” 🙌

👉 Call-to-action: Need a hand? We’ll take the hassle out of Self Assessment — so you can focus on what you do best.

13/10/2025

📊 Tip #2: Don’t guesstimate!

Missing or incorrect figures can cause headaches (and HMRC isn’t likely to be impressed )

✅ Double-check your income, expenses, and allowances.

👉 Fun quiz: True or False? “You can claim dog food as a business expense if you run a guard dog security company.” 🐕

08/10/2025

📱💼 Managing your taxes has never been easier!

Watch the quick advert on the HMRC app and take control of your finances, anytime, anywhere.

✅ Check your tax balance
✅ Submit updates on the go
✅ Stay on top of deadlines

Tap play and simplify your tax tasks today!

Take control of your money and tax with the HMRC app. It’s secure, free to download, and easy to use. Get on it, and join millions of people already saving ...

06/10/2025

📂 Tip #1: Gather your paperwork early

P60s, P45s, invoices, bank statements… the works.

The earlier you collect, the easier the filing.
💡 Think of it as financial spring cleaning — without the dust!

👉 Question to audience: What’s the strangest receipt you’ve ever tried to claim?

02/10/2025

🗓️ New to Self Assessment? Don’t miss this date!

If you’ve never registered for Self Assessment (ITSA) before, you must tell HMRC by 5 October 2025 if you need to complete a tax return for the 2024/25 tax year

👉 Why it matters:
Miss the deadline? HMRC may charge a penalty.
Registering correctly makes sure you’re set up for tax and (if self-employed) your National Insurance credits too

✨ How to register:
Online via HMRC’s website ---> https://www.gov.uk/check-if-you-need-tax-return
By posting form SA1 (if not self-employed)
Or, if you’re self-employed, by setting up a business tax account or using form CWF1

✅ Tip: HMRC has a handy online tool to check if you even need to complete a return — worth a quick look!

Don’t leave it late — get set up early and avoid unnecessary stress

Need help? We can guide you through the process. 👋

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29/09/2025

⏰ Self Assessment season is coming…

�Leaving it to the last minute = stress, mistakes, and possible penalties

�✨ Start now, stay calm later.

👉 Poll: How ready are you?
* Ready & organised
* Halfway there
* Haven’t started yet 😅

28/09/2025

⏰ Self Assessment season is coming…

Leaving it to the last minute = stress, mistakes, and possible penalties.

✨ Start now, stay calm later.

👉 Poll: How ready are you?
Ready & organised
Halfway there
Haven’t started yet 😅

20/02/2025

One of the companies (which I think are great for accounting software) has created this handy timeline of tax obligations throughout the year, there is even a handy download to load it onto your own digital 📅

Roll up, roll up! It's time to get this year's important tax deadlines in the diary.

24/11/2024

Autumn Budget 2024: What Business Owners Need to Know

The Chancellor has unveiled the first Labour budget since 2010, promising to “invest, invest, invest.” While there’s a lot for small business owners to consider, not all of the details made it into the televised speech. Here are the key takeaways:

📈 Big Changes to Employers’ National Insurance (NI):
• From April 2025, employers will pay NI at a higher rate (15%, up from 13.8%) and on earnings above £5,000 (currently £9,100).
• Good news: The Employment Allowance, which reduces NI for small employers, will increase from £5,000 to £10,500.

💻 Making Tax Digital (MTD) Expansion:
• From April 2026, businesses and landlords with incomes over £50,000 must maintain digital records and submit quarterly updates via compatible software. Lower income brackets will follow in subsequent years.

💰 Capital Gains Tax (CGT):
• As of October 30th, the CGT rate has risen from 10% to 18%.

👶 Simplifying the High-Income Child Benefit Charge (HICBC):
• From 2025, employed individuals can pay the HICBC via their tax code, potentially removing the need to file a tax return. For others, pre-populated data will help reduce missed payments.

With so many changes on the horizon, it’s important to plan ahead. If you have questions about how these updates might impact you or your business, let’s chat!

24/10/2024

💼 Top Tips for Running Your Own Business! 🚀

1.
Know Your Numbers – Stay on top of cash flow, expenses, and profits. It’s not just about making sales! 💸
2.
Keep Your Books in Order – An organised business is a successful business. Don’t leave it until tax season! 📊
3.
Understand Your Taxes – From VAT to self-assessments, knowing your obligations can save you from surprises later. 🧾
4.
Build a Strong Network – Surround yourself with people who can support your growth and offer valuable advice. 🤝
5.
Plan for the Future – Set goals and budgets, and revisit them regularly to stay on track. 📅

Running a business is exciting, but it’s even better when you’ve got someone in your corner! From processes & organisation to taxation Cheryl Berry Accountancy Ltd is here to help every step of the way.