AA Morgan Accounting and Bookkeeping - Formerly Balanced UK

AA Morgan Accounting and Bookkeeping - Formerly Balanced UK Everybody has a passion, ours is making your bookkeeping and accounting work for you. We even accept it in plastic bags!

Since 2007, we have been helping smaller, growing businesses throughout Oxfordshire with their bookkeeping, accounting and payroll, allowing them to focus on their core business. If you are currently doing your own bookkeeping and payroll, just imagine what you could do with the time freed up by letting us help you. At AA Morgan, we take the mystery out of bookkeeping, accounting and payroll by pr

oviding a highly efficient and friendly service with straightforward advice. We take all of your paperwork and turn it into information to help you run your company. We are also experts in home based businesses. Working from home can be an interesting journey when juggling your business and family.

11/04/2026

MTD for ITSA question 2 - what do I have to do?

If you have hit the £50k income threshold in 2024-2025 you will now need to submit 4 mini tax returns as well as your normal tax return.

This has to be submitted via approved software unless you have an exemption ( which must be applied for).

There are plenty of software providers out there. We have our favourites and will happily discuss options.

In our practice we will be submitting using our tax filing software so that the normal tax return is already populated.

However, the figures in your normal tax return must match the total of the figures in your quarterly returns. There are some adjustments that can be made in the normal tax return, but please take advice on this.

In our practice we will be locking the period after submission to try to avoid this happening. So if you are submitting via bookkeeping software yourself check if it is possible to lock the period. It will help to ensure that everything tallies up.

Please get in touch if you have any questions.

09/04/2026

We are now into MTD for ITSA (Making Tax Digital for Income Tax Self Assessment) and people have a lot of questions. I am going to create a little series answering some of these questions.

Number 1 - am I affected?

HMRC have used the 2024-2025 to identify the first set of people affected.

If your tax return had combined sole trader and property income over £50,000 you have been opted in.

Please note that this is income or turnover before expenses.

You should have had a letter from HMRC confirming this

Our lovely Bella got spooked by fireworks NYE and is currently missing. Last seen at St Johns Green, Wallingford. Please...
02/01/2026

Our lovely Bella got spooked by fireworks NYE and is currently missing. Last seen at St Johns Green, Wallingford. Please share and keep an eye out for her. Thank you

Address

Wallingford

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+441491836718

Website

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