PSB.Accountants

Chartered Certified Accountants

[PSB.Accountants @PsbAccountants]

When Gifts Remain Part of Your Estate
Gifting your home but still living rent-free means it may count for Inheritance Tax. Paying full market rent can change this. #InheritanceTax #EstatePlanning #TaxTips https://t.co/VbXLH6NbJE

[PSB.Accountants @PsbAccountants]

Landlord Tax & NI Rules You Need to Know
Landlords: Rental income brings tax & NI rules. Know when to register for self-assessment and how voluntary contributions affect your pension rights today. #PropertyTax #Landlords #NationalInsurance https://t.co/WQHeU1DyUe

[PSB.Accountants @PsbAccountants]

Frozen Tax Thresholds Could Cost You More
Wage increases may feel positive, although frozen tax thresholds could mean more of your income is being taxed at higher rates. Many taxpayers are paying more tax despite... #FiscalDrag #TaxImpact #FinanceNews https://t.co/aqalM5WHHO

[PSB.Accountants @PsbAccountants]

VAT Payment Linked to Customer Cashflow
A VAT scheme lets eligible businesses pay VAT only when customers pay invoices, easing cash flow pressures. See if you qualify for this relief now. #VAT #SmallBusiness #CashFlow https://t.co/a93rYJw5WO

[PSB.Accountants @PsbAccountants]

Critical Software Choices for Making Tax Digital
Choosing the right software for Making Tax Digital is key as rules expand. Link digital records and file updates effortlessly with compatible tools today. #MakingTaxDigital #TaxTech #Compliance https://t.co/deqNkdFIut

[PSB.Accountants @PsbAccountants]

Who Needs to Register for Self-Assessment?
If you earn from self-employment or untaxed income, you may need to register for self-assessment. Check your status before deadlines approach. #tax #finance #HMRC https://t.co/U1ASmKiSEz

[PSB.Accountants @PsbAccountants]

Know Your UK Residence Status
Your UK residence status can affect how much tax you pay on worldwide income or just UK earnings. Are your UK ties stronger than you think? Find out now. #UKTax #ResidenceRules #Finance https://t.co/DjsivCVHCF

[PSB.Accountants @PsbAccountants]

Time Away From Home Changes Tax Relief
Time spent away from your main home can reduce your tax relief on gains. Work overseas or second homes make a real difference. Stay informed today. #Tax #Property #Finance https://t.co/WlKMc3q8a0

[PSB.Accountants @PsbAccountants]

Company car fuel repayment deadline nears
Company car fuel users: Repay any private fuel by 6 July or face a hefty tax charge based on your car's CO2 emissions and fuel multiplier. #CompanyCar #TaxTips #FuelCosts https://t.co/X7XYzC0LC3

[PSB.Accountants @PsbAccountants]

Who pays Scottish Income Tax?
Who pays Income Tax at Scottish rates? It depends on where you live most during the year, even if you have homes in multiple UK locations. #IncomeTax #Scotland #TaxRules https://t.co/C9lPQ9PHDD

[PSB.Accountants @PsbAccountants]

New employee starting, get the tax code right
Setting up the correct tax code when a new employee starts is essential, as even small payroll errors can lead to unnecessary tax overpayments and avoidable complica... #PayrollBasics #PAYE #EmployerDuties https://t.co/z1P6sWnMhj

[PSB.Accountants @PsbAccountants]

Selling a business, do not miss out on BADR
Business Asset Disposal Relief (BADR) can significantly reduce the Capital Gains Tax due when selling a business or shares, but with higher rates coming from Ap... #CapitalGainsTax #BusinessExit #TaxPlanning https://t.co/juS1rDfHf2

[PSB.Accountants @PsbAccountants]

Self-employed, are you claiming the right travel costs?
If you are self-employed, it is important to understand which car and travel costs can be claimed. #SelfEmployed #BusinessExpenses #TaxRelief https://t.co/UMzOxXFQ17

[PSB.Accountants @PsbAccountants]

LLP members, could you be treated as salaried for tax?
The salaried member legislation applies to certain members of a Limited Liability Partnership (LLP) whose terms of membership are more like an employee... #LLPTax #SalariedMemberRules #TaxPlanning https://t.co/1ZgqtAR2Z9

[PSB.Accountants @PsbAccountants]

Selling a company car, get the VAT right
The question of whether or not you are required to charge VAT when selling a company car depends on how the vehicle was bought and whether VAT was recovered at the time.... #VATmatters #CompanyCars #TaxPlanning https://t.co/DhD0LGUoTf

[PSB.Accountants @PsbAccountants]

UK property income, when it counts as a business
The income generated from land or property in the UK is treated as arising from a UK property business. The underlying legislation defines this broadly to include all a... #PropertyTax #Landlords #UKTax https://t.co/9NtK2o8O5N

[PSB.Accountants @PsbAccountants]

New 40% First Year Allowance explained
The new 40% First Year Allowance came into force from 1 January 2026. This marks an important development for businesses investing in plant and machinery. The n... #CapitalAllowances #BusinessInvestment #TaxPlans https://t.co/rl49rwqi5r

[PSB.Accountants @PsbAccountants]

Welsh Final Budget 2026–27 highlights
The Welsh Final Budget for 2026-27 was published on 20 January 2026. The Budget sets out the Welsh government’s revenue and capital spending plans, including detailed port... #WelshBudget #IncomeTax #DevolvedTaxes https://t.co/yRDSasC610

[PSB.Accountants @PsbAccountants]

MTD for Income Tax starts April 2026
If you have not yet checked if and when you need to use Making Tax Digital (MTD) for Income Tax, you should do so as a matter of urgency. This is because from April 202... #MakingTaxDigital #SelfEmployed #Landlords https://t.co/mxaFevXe4E

[PSB.Accountants @PsbAccountants]

Check your National Insurance record
It is recommended to check your National Insurance record as this can affect your future entitlement to the State Pension and other benefits. #StatePension #NationalInsurance #FinancialPlan https://t.co/mjXRbgsBY7