BP Accounting

28/10/2026

Own a business, rent out property or employ staff? These Budget changes could affect your money. 👇

💷 Employers: the National Living Wage for workers aged 21 and over rises to £13.21 an hour from 1st April 2027. Remember to budget for associated pension and employer National Insurance costs too.

🏠 Landlords and savers: announced tax rates on taxable rental profits and savings interest rise to 24%, 44% and 49% from 6th April 2027. Allowances and reliefs can affect what you actually pay. Property rates apply in England, Wales and Northern Ireland; savings rates apply UK-wide.

☕ Retail, hospitality and leisure: qualifying properties in England could receive full Small Business Rate Relief up to £18,000 rateable value from 1st April 2027. Eligibility conditions apply.

At BP Accounting, we support small businesses, sole traders, company directors and landlords across Staffordshire, Stoke-on-Trent, Stone and the surrounding areas with accounts, tax returns, VAT, bookkeeping and payroll.

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28/10/2026

HMRC is speeding up National Insurance refunds with a new automated system! If you've received a letter, check the details carefully and respond online or by post. Don't ignore it – you could be owed money. Stay alert for scams and find out how to verify genuine HMRC communications. Read on to see if you're affected.

HMRC has introduced an automated payment process to speed up refunds for people

27/10/2026

💗 Self-employed dads and partners could soon qualify for paternity pay!

For years, self-employed parents have missed out on the paternity pay available to many employed fathers and partners.

But that’s set to change!

The Government has announced plans to introduce paternity payments for eligible self-employed fathers and partners, helping more families take time away from work following the arrival of a baby.

What’s been announced?

• Up to two weeks of financial support
• Currently estimated at up to £194 per week
• More than 150,000 additional parents could benefit each year

When can you claim?

Not just yet!

Although the policy was announced on 26th October 2026, the Government has not yet confirmed the start date, eligibility requirements or application process.

For self-employed parents who often have to choose between taking time off and keeping their business running, this could be a welcome change.

At BP Accounting, we keep sole traders, self-employed individuals and small business owners informed about Government support, tax changes and opportunities that could benefit their families and businesses.

Because being self-employed shouldn’t mean missing out on important support.

📍 Based in Stafford, supporting clients across Staffordshire and the UK.

🌐 bpastaffs.co.uk

Follow BP Accounting for UK tax updates, self-employment news and practical support for business owners.

27/10/2026

Heads up employers: New rules mean payroll reporting for company benefits is changing. Want to know if you'll need to act and when? Read on to stay ahead of the curve.

From 6 April 2027, employers must payroll taxable benefits in kind and expenses

26/10/2026

Fallen behind on your bookkeeping? You’re certainly not the only one!

Running a business is demanding enough without spending your evenings catching up on receipts, invoices and spreadsheets.

Before you know it, the paperwork has piled up, VAT deadlines are creeping closer and you’re not entirely sure where your business finances stand.

Sound familiar?

At BP Accounting, we help business owners get their accounts back on track, without the judgement or unnecessary complications.

Whether you need help with:

• Bookkeeping and VAT returns
• Year-end accounts and Corporation Tax
• Payroll and CIS
• Management accounts and cash flow

We’re here to take the pressure off and help you feel more in control of your business finances.

And if your bookkeeping is a little further behind than you’d like to admit, don’t worry. We’ve probably seen worse! 😉

Good accounting isn’t just about meeting deadlines. It’s about understanding your business and knowing where you stand.

📍 Based in Stafford, supporting businesses across Staffordshire, Stoke-on-Trent and the UK.

Looking for a friendly, reliable accountant who can help you get organised?

Get in touch with BP Accounting.

🌐 bpastaffs.co.uk

Follow us for UK tax updates, accounting tips and practical support for business owners.

26/10/2026

Alert: New tax letters are on their way for those with savings interest in 2025-26. You might get more than one notice if HMRC updates their records. Wondering if it affects you? Find out why it matters and what to check now.

HMRC is beginning to issue tax calculation letters (P800) and Simple Assessment

23/10/2026

🎄 Paying your staff early for Christmas? Don’t let it cause problems with HMRC!

Many businesses choose to pay their employees early in December so they have their wages before Christmas.

But did you know that the date you actually pay your staff isn’t always the date you should report to HMRC?

HMRC’s Christmas payroll easement means that if you’re paying employees early because of the festive period, you should still use their normal contractual payday on your Full Payment Submission (FPS).

For example:

💗 Staff receive their wages on 19th December 2026.

💗 Their normal contractual payday is 31st December 2026.

✅ You report 31st December 2026 as the payment date on your FPS.

Why does this matter?

Reporting the earlier date could affect employees receiving Universal Credit or other income-based benefits, potentially causing unnecessary complications.

A small payroll detail, but one that can make a big difference!

At BP Accounting, we help businesses manage their payroll, stay compliant with HMRC and keep on top of important employment and tax deadlines.

Because Christmas payroll should be straightforward, even when everything else in December is anything but! 🎄

📍 Based in Stafford, supporting employers and businesses across the UK.

📩 Looking for reliable payroll support? Get in touch.

🌐 bpastaffs.co.uk

Follow BP Accounting for UK payroll updates, HMRC news and practical support for business owners.

23/10/2026

Alert: Exchanging or spending crypto isn't always tax-free and could catch you out. Keep records and check if you owe tax before it's too late. Find out why this matters now.

Cryptoassets can create unexpected tax liabilities. HMRC’s guidance highlights

22/10/2026

HMRC confirms £42.8 billion tax debt is still outstanding — but recovery efforts have nearly doubled compared to previous years. Curious about how they're tackling old debts and helping those struggling to pay? Read on to find out more.

HMRC has revealed that it had £42.8 billion in outstanding tax debt at the end

21/10/2026

🚨 Own more than 25% of your company? HMRC may be checking your personal tax return!

HMRC is contacting some company owners who are registered at Companies House as People with Significant Control (PSCs).

The aim is to check whether their personal Self Assessment returns correctly reflect certain transactions involving their companies.

What could HMRC be looking at? 👀

💗 Personal expenses paid through the company
💗 Company cars and other assets used personally
💗 Director’s loan accounts and shareholder loans
💗 Share disposals and asset transfers

If you’ve received one of these letters, don’t panic. It isn’t a formal tax investigation, but it is worth making sure everything has been reported correctly.

HMRC is asking recipients to review their previous returns and correct any errors by 31st January 2027.

If everything has been declared correctly, no response is required.

At BP Accounting, we help limited company directors understand their personal and company tax obligations, manage director’s loan accounts and ensure their Self Assessment returns are completed correctly.

Your company finances and personal tax position are closely connected. Getting both right matters.

📍 Based in Stafford, supporting company directors and businesses across the UK.

📩 Received an HMRC letter or concerned about your director’s loan account? Get in touch.

🌐 bpastaffs.co.uk

Follow BP Accounting for HMRC updates, limited company tax tips and practical support for business owners.