Thobani Accountants

Thobani Accountants We offer accountancy and tax services for individuals, (both employed and retired), sole traders and partnerships.

Making Tax Digital is here – is your business ready?For many sole traders and landlords, how you keep records and report...
16/06/2026

Making Tax Digital is here – is your business ready?

For many sole traders and landlords, how you keep records and report income to HMRC is changing. You now need to provide quarterly updates and use digital record-keeping.

But with the right preparation and software, the transition can be smoother than you might think.
Read our latest blog to find out who’s affected and what you need to do.

The good news is that MTD doesn't change how much tax you pay. It just changes how you keep records and report your income to HMRC.

Two big compliance changes are on the horizon for UK businesses:📌 Updated IR35 thresholds from April 2026📌 Mandatory e-i...
29/05/2026

Two big compliance changes are on the horizon for UK businesses:
📌 Updated IR35 thresholds from April 2026
📌 Mandatory e-invoicing arriving in 2029

What do the changes actually mean for contractors, SMEs, and company directors? We’ve broken down the key updates, the practical implications, and what businesses should be doing now to prepare.

Read the full blog below 👇

https://thobaniaccountants.co.uk/ir35-and-e-invoicing-new-changes-peterborough-businesses-need-to-know/

Two new topics are on the agenda for small businesses: changes to the HM Revenue & Customs off-payroll working rules (commonly known as IR35) and the government’s plans to introduce mandatory e-invoicing from 2029. While neither represents an overnight change for most businesses, both are part of ...

With dividend tax rising this month, a lot of directors are asking: “Should I just take everything as salary instead?”Sh...
20/04/2026

With dividend tax rising this month, a lot of directors are asking: “Should I just take everything as salary instead?”

Short answer: probably not.

Even with the increase, salary + dividends is still usually more tax-efficient — mainly because dividends don’t get hit with National Insurance.

The gap is smaller than before, but it hasn’t disappeared. Read our blog for details: https://thobaniaccountants.co.uk/should-you-switch-from-dividends-to-an-all-salary-approach-in-2026-27/

A question we’re hearing more frequently as new tax changes take effect is whether directors should move away from salary-plus-dividend model

Tax year end is fast approaching. If you haven’t reviewed your finances yet, there’s still time to make a difference. Fr...
19/03/2026

Tax year end is fast approaching.

If you haven’t reviewed your finances yet, there’s still time to make a difference. From using your £20,000 ISA allowance to making last-minute pension contributions, a few smart moves now could help reduce your tax bill.

Don’t miss out on allowances that won’t roll over into the new tax year.

👉 Read our latest blog: https://thobaniaccountants.co.uk/last-minute-tax-planning-tips-uk-isa-pension-cgt-deadline/

Maximise tax savings before 5 April with last-minute UK tax planning tips. Use your ISA, pension and CGT allowance to reduce your 2025/26 tax

Good bookkeeping = a smoother, smarter business. We’ve just shared a quick guide covering the 8 bookkeeping basics every...
19/02/2026

Good bookkeeping = a smoother, smarter business.

We’ve just shared a quick guide covering the 8 bookkeeping basics every small business needs — from tracking expenses to using cloud software and staying VAT-ready.

If you want fewer financial headaches and more clarity in 2025, this one’s worth a read. Check out the full blog:

https://thobaniaccountants.co.uk/bookkeeping-basics-for-small-businesses-8-essentials/

If bookkeeping feels overwhelming or you’re not sure where to begin, here are eight essential basics every small business owner needs

Leaving your tax planning until March?You’re not alone - but it could be costing your business. Our new blog looks at co...
20/01/2026

Leaving your tax planning until March?
You’re not alone - but it could be costing your business. Our new blog looks at common year-end tax mistakes and how simple early planning can make a big difference in 2026.

👉 Read more:

For small business owners, making tax planning part of your New Year’s resolutions can save time, reduce stress and produces in real savings

Company directors and PSC's - have you verified your identity with Companies House?Under new rules brought in last month...
18/12/2025

Company directors and PSC's - have you verified your identity with Companies House?

Under new rules brought in last month, company directors and people with significant control (PSCs) now need to verify their identity.

The aim? To reduce fraud, improve transparency, and strengthen trust in the UK company register.

• Verify online or via an authorised agent like Thobani Accountants
• You then receive a Companies House code
• Directors need to comply by their next confirmation statement

For guidance on what you need to do or support with the process, we’re here to help. Read our latest blog:

Read on for further information or contact us as a registered ACSP who can verify your ID if you need any help

While income tax rates haven’t changed in the Autumn budget, threshold freezes will move many people into paying more. P...
26/11/2025

While income tax rates haven’t changed in the Autumn budget, threshold freezes will move many people into paying more. Plus, an increase to the National Minimum Wage could put pressure on smaller employers. Our latest blog looks at the implications of the Budget for small businesses in Peterborough

Our latest blog looks at the implications of the 2025 Autumn Budget for small businesses and individuals in Peterborough

Smarter tax planning for Peterborough’s small businesses 🚪💼Running a small business is tough enough — staying on top of ...
15/10/2025

Smarter tax planning for Peterborough’s small businesses 🚪💼
Running a small business is tough enough — staying on top of ever-changing tax rules shouldn’t make it harder.

We’ve just published a new blog: 👉 Your 2025 guide to small business taxes in Peterborough: What local entrepreneurs need to know

It covers:

• The latest 2025 tax thresholds for small business owners
• What’s new with Making Tax Digital
• Common deductions many Peterborough businesses miss
• VAT tips and local funding opportunities

If you’re a local business owner looking to stay compliant and maximise your profit this year, this guide will help you plan ahead with confidence.

Read the full article here: https://thobaniaccountants.co.uk/your-2025-guide-to-small-business-taxes-in-peterborough/

And if you’d like personalised advice, our team here at Thobani Accountants is always happy to help.

Running a business is rewarding and challenging. Understanding small business taxes in Peterborough is key to success.

Directors: borrowed money from your company?You might need to watch out for Section 455 tax.If a director’s loan isn’t r...
16/09/2025

Directors: borrowed money from your company?

You might need to watch out for Section 455 tax.
If a director’s loan isn’t repaid within 9 months of year-end, your company could face a 33.75% tax charge. You can reclaim that later… but it can take a long time to get the money back.

👉 Read our latest blog to understand how Section 455 works and how to keep your business cash flow healthy:

✅ What triggers S455 tax
✅ The pitfalls to avoid (like the “bed & breakfasting” rule)
✅ How to reclaim it if you’ve already paid
✅ Simple steps to steer clear of the charge altogether

🔗

If you’re a company director and have ever dipped into company funds for a personal loan, you need to know about Section 455.

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9 Framlingham Road
Peterborough
PE28UF

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