GGM Accountancy Ltd

GGM Accountancy Ltd Registered ACCA & AAT practice for a range of business activities. https://www.justgiving.com/page/ggm-accountancy-1713361402138

https://dontlosehope.co.uk

Registered ACCA and AAT practice

Alert for employers: Are you aware of how tax rules impact uniforms and protective clothing you provide? It's not one-si...
05/09/2026

Alert for employers: Are you aware of how tax rules impact uniforms and protective clothing you provide? It's not one-size-fits-all. Find out why this matters to your payroll and record-keeping now.

Employers providing uniforms or protective clothing to employees need to understand the tax and National Insurance rules that apply. The treatment depends on whether the clothing is required for the employee’s job, is a uniform worn only at work, or is simply additional clothing provided by the em...

Missed your tax deadline? You might have a reasonable excuse that could save you from penalties. Serious illness, bereav...
04/09/2026

Missed your tax deadline? You might have a reasonable excuse that could save you from penalties. Serious illness, bereavement, or unexpected tech failures could count. Find out how acting quickly helps and when to appeal. Read on to see if you qualify.

Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However, businesses must keep accurate records and evidence to support the costs being claimed.

Alert for business owners: You could possibly slash your taxable profits by claiming the Annual Investment Allowance on ...
04/09/2026

Alert for business owners: You could possibly slash your taxable profits by claiming the Annual Investment Allowance on your new machinery and equipment. Find out why thousands are claiming up to £1 million in tax relief and how you could too. Read on to see if your next purchase qualifies!

Businesses investing in qualifying assets may be able to claim the Annual Investment Allowance (AIA) and deduct the full cost of eligible purchases from their profits before tax. This can help by reducing the amount of taxable profit in the period the investment is made.

Alert: Claiming business expenses? Keep your receipts and evidence safe! HMRC could ask for proof, so get your records i...
03/09/2026

Alert: Claiming business expenses? Keep your receipts and evidence safe! HMRC could ask for proof, so get your records in order to avoid trouble. Find out why it matters now.

Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However, businesses must keep accurate records and evidence to support the costs being claimed.

VAT registration just got a lot more interesting! Did you know you might reclaim VAT on some costs from before you were ...
02/09/2026

VAT registration just got a lot more interesting! Did you know you might reclaim VAT on some costs from before you were even registered? It could mean reclaiming VAT on goods bought up to four years prior and services up to six months earlier, but only if they're linked to your current business. Intrigued? Find out why this could impact your next VAT return and what special rules might affect you.

Businesses that register for VAT may be able to reclaim VAT paid on certain goods and services purchased before VAT registration. 

Alert for new businesses: registering for Corporation Tax on time is crucial. Missed deadlines could mean penalties. Fin...
29/08/2026

Alert for new businesses: registering for Corporation Tax on time is crucial. Missed deadlines could mean penalties. Find out why this matters now and how to stay on track.

Companies and other organisations that are liable for Corporation Tax must ensure they register with HMRC at the correct time. Failing to register when required could result in missed filing obligations and potential penalties.

Employers, did you know the official interest rate for beneficial loans just changed to 3.75% for 2026-27? This could me...
28/08/2026

Employers, did you know the official interest rate for beneficial loans just changed to 3.75% for 2026-27? This could mean tax tweaks for employees taking loans below this rate. Keeping track makes all the difference. Find out why this matters for your payroll and reporting.

Employers providing loans to employees or directors need to ensure they correctly calculate any taxable benefit using HMRC’s official rate of interest. Where a loan is provided at no interest or at a rate below the official rate, a taxable benefit may arise. These types of loans are referred to as...

Unlock confidence for your business funding journey with HMRC's advance assurance. Curious how this could boost investor...
27/08/2026

Unlock confidence for your business funding journey with HMRC's advance assurance. Curious how this could boost investor trust? Find out why it matters now.

Businesses seeking investment through the Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS) can benefit from obtaining advance assurance from HMRC before approaching investors.

Big news for sole traders and partnerships! Incorporation Relief can mean you defer your Capital Gains Tax when moving y...
26/08/2026

Big news for sole traders and partnerships! Incorporation Relief can mean you defer your Capital Gains Tax when moving your business to a limited company. Wondering how this could affect your finances? Find out why it matters now and what you might need to consider before making a move. Read on to uncover the details and see if this could be a game-changer for your business tax planning.

When a sole trader or the partners in a partnership transfer a business to a limited company, Capital Gains Tax (CGT) may arise. This is because business assets are normally treated as being transferred at their market value, which may be considerably more than their original cost.

Tax relief can multiply your pension pot, employer contributions and smart pay options add up to more pension income for...
25/08/2026

Tax relief can multiply your pension pot, employer contributions and smart pay options add up to more pension income for your future. Curious how it works? Find out why it matters now.

Receiving tax relief on pension contributions into a workplace pension is a great way to help prepare for retirement. In addition, contributions from your employer can make the pension savings even greater. 

Address

42 Tyndall Court, Commerce Road, Lynch Wood
Peterborough
PE26LR

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+441733247500

Website

Alerts

Be the first to know and let us send you an email when GGM Accountancy Ltd posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to GGM Accountancy Ltd:

Shortcuts

Share

Category