Ideal Accountancy Ltd

11/02/2026

MTD for ITSA is coming in April 2026 — is your business ready? If you’re a sole trader or landlord, HMRC’s Making Tax Digital for Income Tax Self Assessment will affect how you keep records and file your tax returns. Read our short guide to find out who it applies to, timelines, and practical next steps. Read more: https://wix.to/ULA5aXz

The UK tax system is undergoing one of its biggest transformations in decades. From 6 April 2026, HM Revenue & Customs (HMRC) will begin mandating Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) for eligible taxpayers.If you are a sole trader or landlord, these changes may apply to....

03/12/2025

The Autumn Budget 2025 is here! Discover what this means for UK taxpayers and how it could impact your finances. Stay informed and plan ahead! Read more: https://wix.to/xmEVWl7

What the Autumn Budget 2025 Means for UK TaxpayersThe UK Autumn Budget 2025 introduced a sweeping set of tax reforms affecting earners, savers, investors, landlords, and homeowners. Whether you’re planning your finances or preparing your business for the next few years, understanding these changes...

18/09/2025

Attention UK business owners! Keeping accurate cash records isn’t just good practice; it’s a legal requirement. Learn how to do this effectively and stay compliant with HMRC & Making Tax Digital guidelines here: https://wix.to/1G6iGoW

In the UK, accurate record-keeping is more than just good practice—it’s a legal requirement. Whether you’re a sole trader, partnership, or limited company, HMRC (HM Revenue & Customs) expects you to keep detailed financial records, including cash transactions.With the rollout of Making Tax Dig...

18/09/2025

Unlock the power of effective payroll management with our bespoke services! Say goodbye to complexities and hello to peace of mind. Get started today! https://wix.to/wP4KgPa

Managing payroll is a critical responsibility for any business, yet it can often be time-consuming, complex, and prone to costly errors if not handled correctly. At Ideal Accountancy, we provide a comprehensive and bespoke payroll service that ensures accuracy, compliance, and peace of mind for empl...

18/09/2025

Freelancers and Contractors, are you aware of the IR35 legislation? Understanding its impact is crucial for your business. Read more to navigate these changes! https://wix.to/lvPC9c0

The IR35 legislation has been a subject of controversy and confusion for contractors and businesses alike since its introduction in 2000. Initially designed to tackle tax avoidance by people working through intermediaries (like personal service companies), it aimed to ensure that workers who were ef...

27/03/2025

https://idealaccountancy.co.uk/blog/f/ideal-accountancy%E2%80%93your-trusted-partner-in-construction-accounting

At Ideal Accountancy, we understand the unique financial challenges faced by subcontractors and contractors in the construction industry. From dealing with the intricacies of the Construction Industry Scheme (CIS) to man...

27/03/2025

https://idealaccountancy.co.uk/blog/f/mandatory-identity-verification-idv

Upcoming Changes to Companies House: Mandatory Identity Verification

27/03/2025

https://idealaccountancy.co.uk/blog/f/chancellor-rachel-reevess-spring-statement

On March 26, 2025, UK Chancellor Rachel Reeves delivered the Spring Statement, outlining the government's economic strategy for the upcoming year. The key focus of the budget was on stabilizing public finances, addressin...

01/01/2025

Happy new year to you all 🎉🎊

25/12/2024

We wish you all Merry Christmas and Happy New Year 2025.

06/05/2024

Working from home and expenses you can and cannot claim.

Watch this video to find out about tax relief for additional household costs if you have to work from home.For further help and support:https://www.gov.uk/ta...