WBV Chartered Accountants

26/05/2026

Important HMRC update for businesses and professionals dealing with tax matters

HMRC is introducing a new digital registration system for tax advisers from 18 May 2026.

This will apply more widely than many expect, not just to traditional tax firms.

If you are paid to interact with HMRC on behalf of clients, you may now fall within scope of the new “tax adviser” registration rules. This can include submitting returns, making claims, or corresponding with HMRC on a client’s behalf.

Why this matters:

After a short transition period, unregistered advisers may be unable to deal with HMRC for clients.

What you should do now:

Businesses should review whether any services involve HMRC interaction and confirm whether registration will be required under the new regime.

If you’re unsure whether this affects you, please get in touch.

13/05/2026

Restoring nature and strengthening farm businesses can go hand in hand 🌱

Through the Glaswelltiroedd Gwydn (Resilient Grasslands) project, led by Plantlife, Peter and Cathryn at Wern Ddu Uchaf are showing what nature-friendly farming can achieve.

Their hay and rhos meadows are now recognised as SSSI (Sites of Special Scientific Interest), a true testament to the biodiversity and ecological value of their land.

We’re proud to support Peter and Cathryn as WBV clients and to see how sustainable land management can boost both environmental restoration and resilient farm businesses for future generations.

Congratulations to Peter and Cathryn and thank you to Plantlife and all partners helping to protect Wales’ semi-natural grasslands.

https://www.youtube.com/watch?v=NEteJprcMz8

Through the Glaswelltiroedd Gwydn (Resilient Grasslands) project, we are on a mission to restore or enhance areas of semi-natural grasslands in Wales. Meet P...

11/05/2026

HMRC Webinar: Car Expenses for the Self‑Employed

If you use your own car for business, this webinar is for you.

HMRC will explain:

• What counts as a business journey
• How capital allowances apply
• Simplified vs actual cost methods
• Leasing a car and personal contract purchases

Ask your questions live using the on‑screen text box.

📅 Sign up today to get clear guidance on claiming car expenses.
https://register.gotowebinar.com/rt/5993359169947989598?source=Campaign-Apr-SE-1

08/05/2026

Business Asset Disposal Relief (BADR) – Further Rate Increased from April 2026

Exiting a business is becoming increasingly expensive. Following the rise to 14% in 2025, the Capital Gains Tax rate for qualifying BADR disposals increased again to 18% from 6 April 2026.

The £1 million lifetime limit remains unchanged, but the impact of the rate changes is significant.

For example, on a £1 million qualifying gain:
• At 10% (pre‑2025), the tax was £100,000
• At 18% (from April 2026), the tax will be £180,000

That’s an £80,000 increase on the same gain.

For business owners considering succession, retirement, or a future sale, timing and planning are now more important than ever. WBV can help you review your exit strategy and understand how these changes may affect your long‑term plans.

04/05/2026

HMRC Webinar: Business Expenses for the Self‑Employed

Not sure what you can claim as a business expense?

Join HMRC’s live webinar where we’ll cover:

• What counts as an allowable business expense
• The most common expenses you can claim
• How simplified expenses work
• Record‑keeping essentials
• How to enter accurate figures on your tax return

Ask questions during the session using the on‑screen text box.

Date: Friday 8th May 2026
Time: 11.45am - 12.45pm

📅 Register now to make business expenses easier to understand.

https://register.gotowebinar.com/rt/5338281129603691354?source=Campaign-Apr-SE-1

30/04/2026

Dividend Tax Changes Now in Force

The updated dividend tax rates apply for the 2026/27 tax year, and the £500 Dividend Allowance remains unchanged.

If you receive dividend income, particularly as a company director or shareholder, you may already be affected by the higher rates.

See the graphic below for a quick, client‑friendly summary of the changes now in effect.

WBV Chartered Accountants can help you review your remuneration strategy and ensure you remain compliant throughout the year.

29/04/2026

Working From Home Allowance Removed From April 2026

The £6 per week working‑from‑home allowance has now been withdrawn. This relief previously allowed employees who had to work from home to claim a flat‑rate deduction for extra household costs such as heating, electricity and phone use, without needing receipts.

From April 2026, employees can no longer claim this tax relief unless their employer reimburses them directly. This change affects many people in hybrid and professional roles who have routinely claimed the allowance since the pandemic.

Employers can still choose to pay up to £6 per week tax‑free, but employees can no longer claim it themselves through their tax return.

If you’re unsure how this affects your situation, WBV can help you understand the impact for 2026/27.

28/04/2026

Spending too much time on payroll?

Between calculations, deadlines, and HMRC reporting, payroll can quickly become a burden.

Our latest blog breaks down the key benefits of getting it right — and why it’s worth the investment.

👉 Take a read - https://wbvaccountants.co.uk/why-payroll-matters/

Why Payroll Matters more than you think... payroll is a key part of keeping your business compliant, efficient, and your team happy.

27/04/2026

HMRC Live Webinar: Statutory Sick Pay (SSP)

Unsure about SSP rules, entitlement, or how to calculate payments?

Register for HMRC’s live webinar where we’ll cover:

• Qualifying conditions and entitlement
• How to calculate and pay SSP
• How company sick pay, agency, casual and part‑time workers affect SSP
• Essential record‑keeping

Ask your questions during the session using the on‑screen text box.

Date: 29th April 2026
Time: 9.45am - 10.45am

📅 Sign up today to make SSP easier to manage.

https://register.gotowebinar.com/rt/3549479072009817179?source=Campaign-Apr-SP-1

26/04/2026

🚨 We’re Hiring: Audit & Accounts Senior 🚨

Join WBV Chartered Accountants in Swansea and work with a diverse range of clients, from start-ups to established businesses.

🔍 Role highlights:
• Audits, financial statements & management accounts
• Client collaboration & compliance
• Mentoring junior team members

✅ About you:
• Accounting knowledge (audit experience desirable)
• Strong attention to detail & communication skills
• Motivated, adaptable, and team-focused

💼 What we offer:
• Support towards professional qualifications
• Friendly, growing team
• Great career progression opportunities

📍 Swansea | Full-time, on-site

📩 Follow the link for the full job description and to apply. https://www.linkedin.com/jobs/view/4394645778/

24/04/2026

Client Reminder: Making Tax Digital for Income Tax is now live!

From 6 April 2026, sole traders and landlords with qualifying income over £50,000 must follow the new MTD rules. This means:

☑️ Keeping digital records
☑️ Submitting quarterly updates through compatible software
☑️ Completing an end‑of‑year finalisation instead of the traditional annual Self Assessment cycle

This shift places far greater emphasis on accurate, up‑to‑date bookkeeping throughout the year. Many businesses may need to review their systems, processes, and software to stay compliant.

Key Dates to Be Aware Of

From 6 April 2026: Income over £50,000
From 6 April 2027: Income over £30,000
From 6 April 2028: Income over £20,000

Failing to comply could lead to penalties or increased scrutiny from HMRC, so early preparation is essential.

We’re here to support you through the transition, from choosing the right software to reviewing your bookkeeping processes and ensuring you’re fully prepared for quarterly reporting.

If you’re unsure whether you fall within scope or need help, get in touch with our team.