Cannytax

Cannytax Chartered Certified Accountants Registered with ACCA

After remaining unchanged for many years, HMRC has revised the approved mileage allowance rates for business travel usin...
01/06/2026

After remaining unchanged for many years, HMRC has revised the approved mileage allowance rates for business travel using personal vehicles.

From 6 April 2026, the approved rate for cars and vans increased to 55p per mile for the first 10,000 business miles, while the 25p rate above 10,000 miles continues to apply.

This update may affect business owners, directors and employees who use their own vehicles for work related journeys by allowing higher mileage expense claims and improved reimbursement for travel costs.

Important reminders:
• Only qualifying business journeys can be claimed
• Ordinary commuting is generally excluded
• Accurate mileage records should be maintained



[UK accounting, UK tax services, UK capital gains tax, accounting and taxation services, HMRC, mileage rates, mileage allowance rates, business travel, personal vehicles, directors, employers]

Honouring the values of sacrifice, faith and compassion this Eid ul Adha.Wishing peace, blessings and prosperity to you ...
27/05/2026

Honouring the values of sacrifice, faith and compassion this Eid ul Adha.
Wishing peace, blessings and prosperity to you and your loved ones. 🌙

18/05/2026

HMRC doesn't pick companies randomly.
They use a system called Connect launched in 2010 and now powered by AI.

It quietly cross checks your company data against dozens of sources and flags anything that doesn't add up.
Here's what it's looking at right now:
• Your tax returns vs what's filed at the Companies House
• Bank deposits vs your declared income
• Your director salary and dividends vs company profits
• Your VAT returns vs your actual turnover
• Your lifestyle vs what you've declared cars, property, social media
• Crypto holdings from January 2026 all UK platforms share customer data directly with HMRC.

In 2024–25 alone, Connect recovered £4.6 billion in unpaid tax.

Investigations are up 28% year on year in 2025–26 by the time HMRC contacts you they usually already know the problem.

Clean books don't just save you money. They keep you off the radar.
Save this if you run a limited company.
Want someone to keep your records clean and HMRC ready?

Book your free consultation
📞 07838033385 | 0203 002 2027
🌐 www.cannytax.co.uk
📧 [email protected]

Behind every successful business is a system that keeps everything running smoothly. The right financial support can sav...
15/05/2026

Behind every successful business is a system that keeps everything running smoothly.

The right financial support can save you time, reduce stress and help you focus on growing your business instead of chasing paperwork.

If you’re looking for reliable accounting support for your business, now is the time to get organised.

Book your free consultation with Cannytax
📞 07838033385 | 0203 002 2027
🌐 www.cannytax.co.uk
📧 [email protected]

08/05/2026

Most people still think pensions are tax free when passed on…
That’s changing.
From 6 April 2027, unused pension funds may be included in your estate for inheritance tax purposes.
If you don’t plan ahead, your family could end up paying more than expected.
Don’t wait until it’s too late.
Book a free consultation
📞 07838033385 | 0203 002 2027
🌐 www.cannytax.co.uk
📧 [email protected]

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