Clean Accounts Ltd

Home
United Kingdom
Pevensey
Clean Accounts Ltd

An accounting, tax and business advisory firm specializing in helping UK Recruitment Agencies, Construction Businesses and Automotive Businesses.

We strongly believe in building long-term relationships with our clients. Our approach is to provide personalized service and to be available whenever our clients need us.

02/03/2026

📆 Key March 2026 Deadlines (UK)

🗓 1 March 2026
• Corporation Tax payment due for companies with an accounting period ending 31 May 2025
(9 months and 1 day after year end, unless paying by instalments.)

⸻

🗓 5 March 2026
• Auto-Enrolment pension contributions must be submitted for payroll paid in February 2026
(Most pension providers require submission by the 5th of the following month.)

⸻

🗓 7 March 2026
• VAT return & payment due for VAT period ending 31 January 2026
(Monthly and relevant quarterly VAT filers.)

⸻

🗓 19 March 2026

(If paying by cheque/post)
• PAYE, NICs & Student Loan deductions due for tax month ending 5 March 2026
• CIS deductions payable to HMRC
• CIS return deadline for payments made to subcontractors in the month to 5 March 2026

(Remember: CIS returns must be filed even if no subcontractors were paid.)

⸻

🗓 22 March 2026

(If paying electronically)
• Electronic payment deadline for PAYE, NICs, Student Loans & CIS deductions
(For period ending 5 March 2026.)

⸻

🗓 31 March 2026 — Financial Year End Planning

This is a key date for tax planning before the new tax year begins on 6 April.
• Last chance to use 2025/26 tax allowances
• Consider:
• Capital Allowances & AIA claims
• Pension contributions
• Dividend planning
• Bonus timing
• R&D claims (where applicable)
• Year-end stock adjustments

For businesses with a 31 March year end, this is also your financial year closing date — meaning Corporation Tax and accounts planning should already be underway.

⸻

⚠️ Common March Pressure Points
• Cashflow tightening before year-end
• Last-minute tax planning decisions
• CIS errors discovered late
• Dividends declared without reviewing profit position

⸻

⏳ Looking Ahead
• New tax year begins 6 April 2026
• Making Tax Digital for Income Tax goes live from April 2026 for qualifying sole traders & landlords
• Now is the time to review:
• Profit extraction strategy
• VAT schemes
• Payroll structure
• Growth plans for 2026/27

24/02/2026

🚨 Making Tax Digital (MTD): Awareness still worryingly low 🚨

With just 6 weeks to go before MTD quarterly reporting begins, a new survey reveals:

📉 46% of sole traders know very little about MTD
😕 1 in 4 see no benefit, believing it only helps HMRC and increases their costs
⏳ 20% haven’t taken any steps to prepare

🏠 Landlords are more aware — 66% understand the requirements, but many still aren’t ready and worry about software choices and costs.

📊 77% plan to seek help from accountants, showing how vital professional support will be ahead of the April 2026 deadline.

💬 Biggest concerns:
• Time & complexity
• Cost of compliance
• Fear of penalties
• Choosing the right software

👉 The message is clear: awareness must turn into action — and fast.

18/02/2026

Reverse VAT Charge — Construction Industry (In 4 Simple Steps)

1️⃣ Why it exists
The reverse VAT charge was introduced to stop VAT fraud in construction. Too many businesses were charging VAT, keeping it, and disappearing without paying HMRC — so the rules were changed.

2️⃣ How it works
Instead of the supplier charging VAT, the customer accounts for the VAT directly to HMRC. The supplier invoices without VAT and adds a reverse charge note.

3️⃣ Common mistakes
Charging VAT when you shouldn’t, missing the reverse charge wording on invoices, getting CIS and VAT mixed up, and cashflow shocks when VAT suddenly stops coming in.

4️⃣ Why it’s important
Get it wrong and you risk HMRC penalties, backdated VAT bills, and cashflow problems. Get it right and you stay compliant, protected, and in control.

17/02/2026

What are dividends? 🤷‍♂️

Dividends are payments to shareholders from company profits
This means you’re paying yourself as an owner of the business, not as an employee, and the money comes from profits the company has already made.

They can only be paid if the company has made enough profit
You must have sufficient retained profits and cash in the business after covering all costs, taxes, and liabilities — otherwise paying dividends can be illegal and cause problems later.

Dividends are taxed more efficiently than salary
Because dividend tax rates are lower than income tax rates, they’re often used as part of a more tax-efficient way to pay yourself.

They must be properly declared and documented
Dividends need to be officially declared, recorded, and supported by the correct paperwork, so everything stays compliant and defensible if HMRC ever checks.

11/02/2026

Being an industry specialist allows us to deliver focused, high-impact support to construction and trade businesses, including electrical contractors, plumbing and heating companies, gas engineers, roofing contractors, and property maintenance firms. Our deep understanding of the sector’s financial complexities, regulatory requirements, and operational challenges enables us to provide advice that goes far beyond standard compliance.

By combining specialist knowledge with strategic financial guidance, we help structure your business, operations, and finances in the right way, improving control, increasing profitability, and supporting long term success.

25/01/2026

Payments on account are advance payments towards your next Self Assessment tax bill. HMRC assumes that if you owe tax this year, you’ll probably owe something similar next year, so they ask you to pay it in advance. Payments on account are usually split into two equal instalments, each based on 50% of the previous year’s tax bill (excluding student loan and capital gains tax).

They are normally due on:
• 31 January during the tax year, and
• 31 July after the end of the tax year.

A balancing payment is the amount you pay once your actual tax bill for the year is known. When you submit your tax return, HMRC compares:
• the total tax you actually owe, with
• the payments on account you’ve already made.

If the payments on account were too low, you pay the difference as a balancing payment. If they were too high, you get a refund or a credit.

The part-year payment on account date refers to the fact that the first payment on account is due before the tax year has finished. Even though you’re only part way through the year, HMRC still expects that first advance payment by 31 January, based on the previous year’s figures.

Make sure you don’t get caught out by the payment on account. A lot of sole traders do!

19/01/2026

🚨 Higher earners: you might be leaving pension money behind

With the 31 January Self Assessment deadline coming up, I want to flag something loads of people miss 👀
If you’re a higher or additional rate taxpayer, you could be missing out on hundreds – even thousands – in pension tax relief every year.

💡 Here’s the bit most people don’t realise

Only 20% pension tax relief is added automatically.
If you pay 40% or 45% tax, the extra relief is NOT automatic – you have to claim it back yourself.

The only time this doesn’t apply is if you’re in a salary sacrifice or net pay scheme – those usually give full relief straight away.

💸 What does that actually mean in real life?

If you pay 40% tax and put £10,000 into your pension:
👉 it could really only cost you £6,000
But only if you claim the extra relief.
If you don’t? You’re literally paying more tax than you need to.

🧾 Do I need to do a Self Assessment?

Not always.
• If you already do Self Assessment – you can claim it there
• If you don’t – you can use HMRC’s online service instead

No tax return required for everyone 👍

📲 What you’ll need to claim online
• Your NI number
• Pension type + provider
• How much you paid in (per tax year)
• Proof (pension statement or payslip)

That’s it.

⏰ Why now matters

January is the perfect time to:
✔️ Check how your pension scheme works
✔️ See if you’re on “relief at source”
✔️ Make sure you’re claiming everything you’re owed before the deadline

⚠️ One last thing for the future

From 2028, salary sacrifice rules are changing, and more people will need to reclaim tax relief manually, making pensions even more complex.

Translation: this stuff is only getting more important to understand.

If you’re not 100% sure how your pension works, please check.
HMRC won’t chase you to give you money back — you have to ask for it. 💬

10/01/2026

📉 Why are UK Writing-Down Allowances (WDAs) reducing — and why does it matter?

The government is cutting the main WDA rate to push businesses towards upfront tax relief like:
•Annual Investment Allowance (AIA)
•Full expensing

WDAs are the slow, year-by-year way of claiming tax relief on assets, and that’s exactly why they’re being reduced.

What this means for businesses:
• Slower tax relief on assets that don’t qualify for AIA or full expensing
• Smaller deductions each year
• Potential cash-flow impact if you rely on WDAs
• Planning asset purchases now matters more than ever

Bottom line: if you’re still claiming WDAs, you’ll get your tax relief over a longer period, so understanding which allowance to use and when is key.

09/01/2026

That’s the number of outstanding Self Assessment tax returns as we entered 2026, up from 5.4 million last year.

This time of year is always hectic for accountants and tax advisers, but the pressure is even higher as Making Tax Digital (MTD) looms just months away. More people than ever are worried about what’s coming and whether they’re ready.

If your tax return is still outstanding and you haven’t prepared for the MTD changes starting from April, now is the time to act!

Get your tax return filed. Get MTD ready.

04/01/2026

We’re thrilled to share that this year we’ve been nominated for The Best Business Award – Best Financial Business!

Being listed alongside so many outstanding, well-established businesses makes us incredibly proud of what we’ve achieved in just the past 12 months.

A huge thank you to everyone who has already nominated us. The exposure and support mean so much and will help our platform continue to grow and strengthen its position. Whether we take home the award or not, the number of votes we’ve received already makes us feel like winners! 😁

01/01/2026

Here we go! A new year, a new month and a new set of deadlines to make sure you don’t miss!

📆 January 2026 Deadlines (UK)

🗓 1 January 2026
• Corporation Tax payment due for accounting periods ended 31 March 2025 (payment nine months and one day after year end).

⸻

🗓 7 January 2026
• VAT return & payment due for VAT accounting period ending 30 November 2025 (monthly/quarterly returns).

⸻

🗓 19 January 2026
• PAYE, NIC & CIS (postal payment) due for the tax month ending 5 January 2026.
• CIS return due for payments to subcontractors in the month ending 5 January 2026.

⸻

🗓 22 January 2026
• Electronic payment deadline for PAYE, National Insurance Contributions (NIC) and CIS deductions for the period ended 5 January 2026 (including quarterly electronic payments if applicable).

⸻

🗓 20 January 2026
• VAT MOSS return & payment due for the quarter ending 31 December 2025 (where applicable).

⸻

🗓 31 January 2026 — One of the biggest dates of the year

Self Assessment (SA)
✔️ Final online filing deadline for the 2024/25 Self Assessment tax return.
✔️ Balancing payment of tax owed for 2024/25 must be paid by this date.
✔️ First payment on account for the 2025/26 tax year is due (if applicable).
✔️ Deadline to amend 2024/25 Self Assessment returns (if changes needed).

Company / Corporate Deadlines (31 Jan)
✔️ Accounts filing deadline with Companies House for periods ended 30 April 2025.
✔️ Corporation Tax returns due for periods ended 31 January 2025.

Address

3 Shipley Mill Close, Stone Cross
Pevensey
BN245PY

Website

https://cleanaccounts.co.uk/

Alerts

Be the first to know and let us send you an email when Clean Accounts 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 Clean Accounts Ltd:

Shortcuts

Want your business to be the top-listed Accountant in Pevensey?