Expert accountants for small businesses, freelancers & contractors. Low fixed fees & unlimited support - helping you save time & stay tax-efficient ๐ท
You could be paying HMRC thousands more than you need to ๐ฐ
If you're a business owner or running a limited company in the UK, these tax saving tips could seriously reduce your tax bill โ
#smallbusinessuk#smallbusinessowneruk#taxtipsuk
This is the bit most influencers donโt realise - PR gifts arenโt always โfreeโ. ๐ฃ๐ฏ
Keep a clear record of every PR package, product, or experience you receive, and donโt assume anything is automatically tax-free. When in doubt, speak to an accountant.
#influencer#prpackages #taxfreegifts #ukselfemployed
Hiring the right people is one of the best investments you can make for your business but accurate financial planning is key ๐
Save this for when youโre ready to hire and grow your team ๐
#smallbusinessuk#hiring#companyinvestment#businessgrowth
โ ๏ธ HMRC don't care what you're claiming as an expense... but they do care why you're claiming it.
As long as the expense is wholly and exclusively for business purposes, you should be fine to claim it โ
#smallbusinessowner#smallbusiness#ukbusiness#expenses#ukbusinessowner #taxtips
Business owners: your budget is probably missing these expenses ๐
Don't wait until the next tax deadline to realise you forgot to track these:
๐งป Toilet paper
๐งผ Hand soap
๐ Glasses & contact lenses (if prescription is work-related)
๐จ๏ธ Printer ink, paper & stationery
If it keeps your business running, it's probably deductible or at least partially deductible (the portion you use for business only)!
#expenses #smallbusinessownersuk #smallbusinessuk #taxtips #taxdeductions
Thinking you can just dip into your company profits? Think again ๐
If you run a limited company, taking money out isnโt as simple as it sounds - but dividends are the smart way to do it ๐ก
From director meetings to dividend vouchers, thereโs a process you need to follow to stay compliant.
#smallbusinessuk #dividends #accountingtips #limitedcompany
๐ฃ Employers: are you ready for the SSP changes from 6th April 2026?
If you employ staff, this will impact your payroll, compliance, and costs.
Stay ahead, avoid mistakes, and keep your business compliant ๐ท
#businessowneruk#ukemployer#statutorysickpay#SSPupdates
Making Tax Digital (MTD for ITSA) is coming this April - are you prepared for it? ๐จ
MTD is being rolled out in phases, and itโs going to completely change the way you report your income. Identify your start date ASAP to see when youโll be affected
#SelfEmployedUK #SmallBusinessUK #MTD
Are you aware of the 62% tax trap?!๐ฅ
If income falls between ยฃ100,000 - ยฃ125,140, the Personal Allowance starts disappearing, creating an effective 62% tax rate.
#taxsaving#taxreduction#taxplanning#ukfinance
๐จ BIG NEWS!๐จ
HMRC and Companies House are closing their joint online filing system on 31st March 2026.
From 1st April, youโll need commercial software to file your accounts and Company Tax Return.
Donโt get caught out and make sure you plan ahead!
#HMRC#accounting#tax #smallbusinessuk #ukbusiness #ukbusinessowner
โ ๏ธ The service to file your company accounts and Corporation Tax return is closing
Youโll still need to:
โ๏ธ File your Company Tax Return with HM Revenue & Customs (usually online)
โ๏ธ File annual accounts with Companies House
Some dormant charities and similar organisations may qualify for a tax filing exemption, but accounts must still be filed each year
โ ๏ธ If you run a limited company, itโs worth knowing these changes before your next filing.
Companies House fees changed in February 2026, increasing the cost of several common filings for UK limited companies ๐ฌ
#businessowneruk#limitedcompany#ukbusiness#companyfiling
Missed the Self Assessment deadline? You can still set up an HMRC Time To Pay arrangement if you're unable to pay - a Time to Pay arrangement can let you spread what you owe instead of paying it all at once
#smallbusinessuk#ukbusinessowner#selfemployeduk