Fairbook Accounting Solutions Limited

Fairbook Accounting Solutions Limited "Allowing you more time to build your business"

At Fairbook Accounting Solutions we can take care of all your accountancy needs.

Based in sunny Hastings we have a dedicated friendly team to help. Hello there... At Fairbook Business Services we can take care of all your accountancy needs, professional, personable and trustworthy. Licenced and regulated by AAT. We offer a bespoke package to suit your business requirements at an affordable price. Let us take the burden away from you freeing you up to do what you do best and we

do what we do best

- Accountancy
- Bookkeeping
- Payroll

Give us a call or email for a no obligation chat.

- 01424 216817
- [email protected]

Did you know your pension is one of the most underused tax planning tools out there?Pensions are not just something for ...
17/06/2026

Did you know your pension is one of the most underused tax planning tools out there?

Pensions are not just something for later life. They are one of the most tax efficient ways to take money out of your business or reduce your personal tax bill today.

If you are a limited company director, your company can make pension contributions on your behalf as an employer contribution. In many cases, these contributions qualify as a tax deductible business expense, helping to reduce your corporation tax bill. Because the payment is made directly by the company, it is not subject to Income Tax or National Insurance in the same way as salary.

If you are a sole trader, personal pension contributions get tax relief at your marginal rate. So a higher rate taxpayer paying in £8,000 effectively gets the government topping it up to £10,000, then claims another 20% back through self assessment.

For most people, the annual pension allowance is £60,000, and you can sometimes carry forward unused allowance from the previous three tax years. So if you have had a particularly good year, there are real planning opportunities worth looking at.

This is one of those areas where a quick conversation can save a lot of money over time.

Call us on 01424 216817 or email [email protected]. We will take a good look at what is possible from a tax perspective and point you towards a regulated financial adviser for the investment side if you need one.

Being a sole trader gives you a lot of freedom… and a fair bit of paperwork to go with it.Hi, I am Heather from Fairbook...
10/06/2026

Being a sole trader gives you a lot of freedom… and a fair bit of paperwork to go with it.

Hi, I am Heather from Fairbook Accounting Solutions.

Self assessment is where most sole traders feel the pressure. Missed deadlines, missed expenses, last minute scrambles through carrier bags of receipts in mid January. It does not have to be like that.

Here is what we do for our sole trader clients.

We get your bookkeeping sorted, either fully managed by us or set up so you can do bits yourself with proper software. We capture every expense you are entitled to claim, not just the obvious ones. We prepare and file your self assessment well before the deadline, so you see your tax bill long before it is due. That gives you time to plan rather than panic.

And if you are starting to wonder whether a limited company might be more tax efficient as your profits grow, we will tell you straight, with the numbers to back it up.

You get the attention of a small, experienced team, not a call centre and a chatbot.

If self assessment is the thing you keep putting off, just pop me a message. Or take a look at https://www.fairbook.co.uk/accountants-for-sole-traders/ and find out more.

There is something quite lovely about running an accountancy firm between Hastings and Eastbourne.We get to work with ma...
09/06/2026

There is something quite lovely about running an accountancy firm between Hastings and Eastbourne.

We get to work with many local businesses. The independents on George Street. The trades and builders putting up new houses across Bexhill, Eastbourne and Battle. The therapists and personal trainers running their own thing in studios up the hill in Ore. The cafes, the dog walkers, the photographers, the wedding suppliers along the seafront. The Old Town shops that have been here longer than most of us.

The South East has changed a lot in recent years. House prices, business rates, the cost of just keeping the doors open, none of it is getting any easier. And for small business owners trying to do it all themselves, the books are usually the bit that quietly slides to the bottom of the list.

We are a St Leonards firm at heart. We know the area, we know the people, and we know what running a small business round here actually looks like day to day. We work face to face with our local clients, and remotely with businesses right across the UK.

If you are based around St Leonards, Hastings, Bexhill, Battle, Rye, Eastbourne or anywhere along 1066 Country, drop me a message. The first chat is always free and there is no pressure to commit to anything.
https://www.fairbook.co.uk/

03/06/2026

Did you know, from the 2026/27 tax year, the approved mileage rate for cars and vans is increasing to:

• 55p per mile for the first 10,000 business miles
• 25p per mile after 10,000 business miles
• Motorcycles remain at 24p per mile
• Bicycles remain at 20p per mile

This applies when you use your own car or van for genuine business journeys. It does not apply to ordinary commuting, and company cars follow separate HMRC rules.

For trades, consultants, sole traders and director led limited companies, this is a good reminder to keep accurate mileage records. Dates, journey details, business purpose and miles travelled all matter.

CIS returns due again. Sound familiar?If you are in the trades or construction industry, you already know what the end o...
26/05/2026

CIS returns due again. Sound familiar?

If you are in the trades or construction industry, you already know what the end of each month looks like. Digging through invoices, cross-referencing bank payments, chasing messages to work out who you paid and what needs reporting, all on top of actually running your business. It is the same scramble every single time, and it takes up time you simply do not have.

At Fairbook Accounting Solutions, we take CIS off your plate completely. I am Heather, and my team works specifically with trades and construction businesses to get their CIS returns sorted properly and submitted on time, every month, without the stress.

We will get your records organised, make sure all the right subcontractor details are in place, and handle the preparation and submission of your return so that nothing gets missed and nothing comes in late. You will not need to wonder if you have got it right, because we will have made sure that you have.

No last minute panics. No monthly dread. Just one less thing to worry about.

If you would like CIS taken off your to do list for good, get in touch and we can have a straightforward chat first so you know we are the right fit for you. Call us on 01424 216817 or email [email protected] and someone will come straight back to you.

22/05/2026

Thinking of charging your limited company rent for working from home? It sounds like a clever little tax-saving trick, but it is not always the win it appears to be.

Hi, I am Heather from Fairbook Accounting Solutions, and this is one of those questions we get asked all the time.

Yes, your company can pay you rent for using your home as an office. And yes, it does reduce your company’s corporation tax bill. So far so good.

But here is the catch.

That rent becomes your personal income, which means you may end up paying personal tax on it instead. So the saving you thought you were making inside the company can simply shift the tax bill straight onto you.

A lot of people then ask about the Rent a Room scheme, hoping that £7,500 tax-free allowance will cover it.

Unfortunately, it does not.

That scheme only applies to renting a room to someone who actually lives there, not for business use, so a home office set-up does not qualify.

And there is something else to be aware of.

If a room is set aside exclusively for business use and things are not structured correctly, there could also be Capital Gains Tax implications when you come to sell your home.

Which is why it is really important to get the set-up right from the start.

In most cases, a far simpler approach works better.

You can claim a small home office allowance, or reimburse yourself for a fair portion of your household costs such as heating, electricity and broadband.

No extra personal tax to worry about, and you still get the benefit through the company.

It really comes down to what leaves you better off overall, not just what looks good on paper.

If you are weighing this one up and want to know which option suits your business best, just send me a message and we can talk it through.

Wondering whether you should stay as a sole trader or switch to a limited company? It is one of the most common question...
20/05/2026

Wondering whether you should stay as a sole trader or switch to a limited company?

It is one of the most common questions we get asked, and the honest answer is, it depends.

Sole traders enjoy simpler admin and fewer filing requirements, which is brilliant when you are starting out. But once your profits hit a certain level, usually somewhere around the £30,000 to £50,000 mark, a limited company can be far more tax efficient.

There is also the matter of personal liability, which is something a lot of sole traders do not really think about until something goes wrong.

The right structure depends on your goals, your income, and your appetite for paperwork. If you want a proper conversation about which route makes sense for you, we are here to speak with you.

19/05/2026

STOP before you file your next tax return…
If you are a limited company director and shareholder, there is a new rule coming that most people will not know about.

From the 2025/26 tax year, you can no longer just put one total figure for dividends on your Self Assessment. If you own shares in your company, HMRC will want extra information for each company separately. That includes the company name, the company registration number, the total dividends you received, and the highest percentage of shares you owned during the year.

So if you owned 50% of the company for most of the year but later reduced it to 25%, you still need to report 50%.

This does not change the amount of tax you pay. It is simply HMRC wanting a clearer picture of who owns what and what has been taken out of the company.

The first tax return this affects is the one due by 31 January 2027. But honestly, do not leave it until then.

Start keeping a simple note now of your dividend vouchers, your company registration number, and any changes to your shareholding throughout the year.

There is a £60 penalty if the information is missing or wrong, even if the tax itself is correct.

I am Heather from Fairbook Accounting Solutions, and this is exactly the sort of thing that is much easier to deal with now than in a January panic.

Just pop me a message if you want to talk it through.

Feeling a bit lost with all the changes that came in this April? You really are not alone. The new tax year always bring...
15/05/2026

Feeling a bit lost with all the changes that came in this April? You really are not alone.

The new tax year always brings a fresh wave of allowances, thresholds and rules to get your head around. Here are a few worth knowing about:
1. The personal allowance is still frozen at £12,570, which means more people are creeping into higher tax bands as wages rise.
2. The dividend allowance has stayed at £500, so if you take dividends from your own limited company it is worth reviewing how you pay yourself.
3. ISA allowances remain at £20,000, which is still one of the most generous tax-free wrappers around.

If you want to know how any of this affects you personally or your business, we are always happy to talk it through with you.

14/05/2026

Today the Fairbook team are heading to London to attend the UK’s largest Accountancy & Finance Expo – Accountex London 2026 ✨

As part of our ongoing commitment to learning and development, we’re looking forward to exploring the latest industry updates, technology, and ideas that help us continue supporting our clients in the best way possible.

Events like this are a fantastic opportunity for us to invest in CPD, stay up to date with changes across the accounting world, and bring fresh knowledge and insights back to the businesses we work with every day.

Please note that our office will be closed today while the team attends the event, and we will respond to any emails and queries as soon as possible on our return.

We’re looking forward to a great day of learning, networking, and inspiration! 📚✨

Address

St. Leonards

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 2pm

Telephone

01424216817

Website

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