FAB Accountants

Xero Experts. Our accounts packages include complimentary Xero software, bookkeeping assistance & management accounts as standard for a competitive monthly fee.

[FAB Accountants @JimatFAB]

@TheHost_ If you are paying for a blue tick you probably pay for all sorts of other stuff you dont need.

[FAB Accountants @JimatFAB]

Payroll year end deadlines
There are a number of annual payroll reporting issues that employers are required to complete. With the tax year ending on 5 April 2026, this means there are several key payroll reporting chores... #PAYE #Payroll #UKBusiness https://t.co/TvJTBgzLdO

[FAB Accountants @JimatFAB]

Marriage Allowance worth claiming
If one partner earns under £12,570, you could transfer part of their unused personal allowance and cut your tax bill by up to £252 a year. #MarriageAllowance #IncomeTax #UKTax https://t.co/8MNRTsgnwn

[FAB Accountants @JimatFAB]

Selling a second property?
CGT on certain UK residential property sales often has a strict 60-day reporting and payment deadline, so early planning can avoid penalties. #CGT #UKProperty #TaxDeadlines https://t.co/GFzBTLq8dc

[FAB Accountants @JimatFAB]

Spring Statement 2026
The Chancellor, Rachel Reeves has confirmed that she will deliver the Spring Statement to the House of Commons on Tuesday, 3 March 2026. #SpringStatement #Budget #HMRC https://t.co/AFtVI12qt4

[FAB Accountants @JimatFAB]

Struggling to pay tax?
With the balancing payment and first payment on account both due on 31 January 2026, it is worth checking your options early if funds are tight. #TaxPlanning #HMRC #CashFlow https://t.co/pbKoQWnT5z

[FAB Accountants @JimatFAB]

Corporation Tax rates explained
If your company profits sit between £50,000 and £250,000, marginal relief can soften the jump from 19% to 25% Corporation Tax. #CorporationTax #UKTax #SmallBusinessUK https://t.co/Lwu9QmegjE

[FAB Accountants @JimatFAB]

Transition profits, spreading rules
If your business has transitional profits from basis period reform, spreading over five years may reduce the cash flow impact, but it is important to understand the deadlines. #TaxPlanning #HMRC #BusinessTax https://t.co/MYqUEOYoZZ

[FAB Accountants @JimatFAB]

Pre-trading expenses tax relief
Starting a new business can be expensive, but many of your pre-trading costs may qualify for tax relief if they meet the right conditions. #UKTax #SelfAssessment #SmallBusiness https://t.co/JupD9OCXED

[FAB Accountants @JimatFAB]

Claiming expenses if self-employed
If you are self-employed, knowing which everyday costs you can legitimately claim can make a real difference to how much tax you end up paying. #UKTax #SelfEmployed #BusinessExpenses https://t.co/9XY2r3BpR4

[FAB Accountants @JimatFAB]

Creative Industry Corporation Tax reliefs
If your business works in film, TV, games or the arts, Creative Industry Tax Reliefs could reduce your Corporation Tax bill and may even generate a payable... #CorporationTax #CreativeIndustries #UKTaxReliefs https://t.co/fnaoo5IcxT

[FAB Accountants @JimatFAB]

Advance tax certainty explained
If your business is planning a major UK investment, HMRC’s new advance tax certainty service could give you binding clarity on the tax position before you commit. #UKTax #CorporateTax #BusinessInvestment https://t.co/aazyCdaFw6

[FAB Accountants @JimatFAB]

Company information in the public domain
Did you know you can monitor any UK company for free and get email alerts when key details change, which can help protect your own business from unexpected or unaut... #CompaniesHouse #BusinessRisk #UKCompanies https://t.co/bh2KK7yQe4

[FAB Accountants @JimatFAB]

MTD for Income Tax – what’s required from April 2026
From April 2026, Making Tax Digital for Income Tax (MTD for IT) will become mandatory for many self-employed persons and landlords, marking a significan... #MakingTaxDigital #SelfEmployed #Landlords https://t.co/xofoJVaVb2

[FAB Accountants @JimatFAB]

Avoid emergency tax codes early
Providing the right information when you start a new job helps ensure your tax code is correct from the first pay day and avoids the risk of paying too much tax. #TaxCodes #NewJobUK #HMRC https://t.co/EQ0TPwCzWM

[FAB Accountants @JimatFAB]

When company car tax does not apply
While company cars often come with tax implications, there are specific situations where the associated benefits may be exempt. There are circumstances where it can be po... #CompanyCars #EmploymentTax #HMRCGuidance https://t.co/Y26EFm59RB

[FAB Accountants @JimatFAB]

Festive self-assessment filing surge
HMRC’s figures show thousands of taxpayers are filing over the festive period, but leaving your return until late January risks penalties, stress and avoidable payment proble... #Self-Assessment #TaxDeadlines #HMRC https://t.co/bje4IKGocp

[FAB Accountants @JimatFAB]

Tax-Free staff benefits
The trivial benefits legislation provides a simple and practical tax exemption that allows employers to give small non-cash benefits to employees without triggering tax or National Insurance c... #TaxFree #TrivialBenefits #HMRC https://t.co/yi1oxgwQYR

[FAB Accountants @JimatFAB]

IHT relief thresholds increased
The government recently announced significant changes to the planned reforms to Agricultural Property Relief (APR) and Business Property Relief (BPR). The threshold for 100% relief will be i... #InheritanceTax #APR #BPR https://t.co/HcCQgscMIv

[FAB Accountants @JimatFAB]

Check VAT numbers before you claim
Verifying a VAT number before reclaiming VAT can protect your business from rejected claims, repayments, and unnecessary penalties. #VATCompliance #HMRCChecks #BusinessProtection https://t.co/a743MjM969