BlueFox Accounting

BlueFox Accounting BlueFox Accounting is dedicated to helping business owners truly understand how to drive their business forward.

If your business hires contractors, there's a good chance IR35 is your responsibility, not theirs.Since April 2021, medi...
27/05/2026

If your business hires contractors, there's a good chance IR35 is your responsibility, not theirs.

Since April 2021, medium and large businesses in the private sector have been required to assess the employment status of contractors working through personal service companies.

Get it wrong, and HMRC can hold your business liable for the unpaid tax and National Insurance.

Status comes down to things like the expectation of ongoing work, whether substitution is allowed, and whether the contractor bears any financial risk. Every contractor is different, and every assessment needs to be documented.

If you're not sure whether your current contractor arrangements are compliant - or you're scaling up and about to take on IR35 obligations for the first time - now's the time to seek advice.

Drop a question in the comments or send us a DM so we can support you ๐Ÿ’ฌ

Borrowing money from your own company seems straightforward until unexpected charges land on your tax bill ๐Ÿ˜ฌUsed well, d...
20/05/2026

Borrowing money from your own company seems straightforward until unexpected charges land on your tax bill ๐Ÿ˜ฌ

Used well, directorsโ€™ loan accounts (DLA) can be a flexible way to manage cash flow. Used carelessly, they can trigger a 33.75% charge on your company, personal tax to pay, and a P11D to file on top.

We've broken down everything directors need to know: from the nine-month repayment rule to the anti-avoidance traps HMRC specifically designed to catch people out.

If your DLA is overdrawn, or you're not sure where you stand, now is the time to get clarity not at year-end when the options narrow.

Drop a question in the comments or send us a DM for support ๐Ÿ’ฌ

Crypto might feel like the wild west, but HMRC has been paying close attention for years  ๐Ÿ‘€Whether you're trading tokens...
14/05/2026

Crypto might feel like the wild west, but HMRC has been paying close attention for years ๐Ÿ‘€

Whether you're trading tokens on the side, getting paid in crypto as a freelancer, or earning staking rewards, there's a good chance you have a tax obligation you might not even know about.

We've broken down the top things every UK crypto holder needs to understand.

And if your records aren't where they should be, don't panic. HMRC's Cryptoasset Disclosure Service is there to help you come clean, before penalties kick in.

Got questions about your situation? Drop them in the comments or send us a DM ๐Ÿ’ฌ

Most people assume investigations only happen when something's wrong. However, HMRC select businesses completely at rand...
22/04/2026

Most people assume investigations only happen when something's wrong.

However, HMRC select businesses completely at random. And when they come knocking, the cost of defending yourself can easily run into thousands, even if you've done nothing wrong.

Fee protection means that if it ever happens to you, you're covered. Your accountant handles it, and you're not left with a huge unexpected bill.

At BlueFox Accounting, we offer fee protection so you can face any HMRC investigation with confidence. Drop us a message if you want to know more ๐Ÿ“ฉ

Nobody actually enjoys doing their tax return (including me ๐Ÿ™‹โ€โ™‚๏ธ)But there's a big difference between doing it in April ...
21/04/2026

Nobody actually enjoys doing their tax return (including me ๐Ÿ™‹โ€โ™‚๏ธ)

But there's a big difference between doing it in April with a cup of tea and doing it at midnight in January wondering where the year went.

Last year, almost 300,000 people filed their tax return in the first week of the new tax year, almost 10 months ahead of the deadline.

Swipe to see why it's worth it, and how to make it happen this year.

๐Ÿ“ฉ If you need support, drop us a message.

By now, you'll be aware that Making Tax Digital (MTD) comes into force this April for landlords and sole traders. If you...
30/03/2026

By now, you'll be aware that Making Tax Digital (MTD) comes into force this April for landlords and sole traders.

If your income exceeds ยฃ50,000 through property and/or self employment income, you have to opt into MTD this year and complete quarterly submissions.

If you're below this income bracket, you'll still be required to opt into MTD in future, so it pays to stay informed.

Sole trader and a landlord? Each trade will need it's own submission (that's eight submissions a year, plus a final submission!)

Find more info on the BlueFox Accounting blog or send us a message to have a chat about how we can take the stress out of the new changes ๐Ÿ˜…

Join me on the first Tuesday of every month at Oldham Library for financial guidance, free of charge!  If you're a busin...
27/03/2026

Join me on the first Tuesday of every month at Oldham Library for financial guidance, free of charge!

If you're a business owner of aspiring entrepreneur, you can find me at The Accountancy Drop-In Clinic, designed to help you navigate the complexities of financial management, tax compliance, and strategic planning.

Many small businesses struggle with financial management, not because they lack ambition, but because they donโ€™t have the right guidance. These sessions are about breaking down barriers and ensuring that every entrepreneur has the tools to succeed.

Whether you're launching a startup or managing an established company, I'll be on hand to provide practical, actionable advice to help you make informed decisions.

For those interested in attending, email [email protected] to book your slot.

See you there ๐Ÿ‘‹

Motoring might seem like a straightforward business expense, but itโ€™s one of the most complex areas for tax ๐Ÿš™ From VAT r...
25/03/2026

Motoring might seem like a straightforward business expense, but itโ€™s one of the most complex areas for tax ๐Ÿš™

From VAT rules to benefit-in-kind implications, hereโ€™s how to avoid the most common mistakes.

Read the full blog post on our website.

https://www.bluefoxaccounting.co.uk/blog

It's been a month since the Made in Manchester Awards 2026, and the perfect time to share one of the professional photos...
23/03/2026

It's been a month since the Made in Manchester Awards 2026, and the perfect time to share one of the professional photos from the night ๐Ÿ“ธ

Winning Finance Professional of the Year was obviously a huge moment, but having a table of people there with me on the night who have supported me from the beginning was the real highlight.

As a small business it's so important to have the right people in your corner, and I'm grateful to everyone who continues to boost BlueFox Accounting ๐Ÿ’™

In the world of charity finance, not all income is created equal. Understanding the difference between restricted and un...
18/03/2026

In the world of charity finance, not all income is created equal.

Understanding the difference between restricted and unrestricted funds isnโ€™t just good practice, itโ€™s essential for compliance, transparency, and strategic planning.

Whether you're a small charity or a growing social enterprise, BlueFox Accounting offers tailored support to help you manage your funds with clarity and confidence.

From bookkeeping to trustee reporting, we make compliance feel empowering, not overwhelming ๐Ÿ’ช

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2 Eastway, Shaw
Oldham
OL28NY

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