PaperRocket Accounting

Award winning, IPSE & FreeAgent accredited contractor & freelancer chartered accountants offering fixed fee service to Limited companies and sole traders

[PaperRocket Accounting @PaperRocketAcc]

Good news for business drivers.

The approved mileage rate has increased from 45p to 55p per mile for the first 10,000 business miles, backdated to 6 April 2026.

More details here: https://t.co/KokFcwZYuI

[PaperRocket Accounting @PaperRocketAcc]

“Can I put that through the company?”

Probably one of the most common questions we get asked by limited company owners 👀

From mobile phones and electric cars to gym memberships and coffees, we’ve explained some of the most misunderstood expenses https://t.co/fvajO8yHFf

[PaperRocket Accounting @PaperRocketAcc]

Ever wondered why your accountant keeps asking questions, or for ID documents, proof of address, even after years of being a client?

We’ve explained why AML checks are a legal requirement for UK accountants, and why regulated firms can’t simply skip them https://t.co/QrexfyPJzf

[PaperRocket Accounting @PaperRocketAcc]

Starting a limited company is exciting, but it’s the small early mistakes that tend to cause the biggest headaches later on.

If you’re in your first year (or about to be), this is well worth a read... https://t.co/LhqqOyvQPN

[PaperRocket Accounting @PaperRocketAcc]

Electric company cars used to be an easy win. But with BIK rates rising, are they still worth it in 2026? https://t.co/kJHWwE0YTx

[PaperRocket Accounting @PaperRocketAcc]

The tax year end is creeping up 👀

Here are a few simple things small limited company owners may want to check before 5 April 2026, especially with dividend tax rates increasing next year... https://t.co/dFEcEZJcqe

[PaperRocket Accounting @PaperRocketAcc]

Spring Statement 2026: No surprises. No tax changes.
No need to panic.

Here’s what it means for business owners: https://t.co/T11ooR6IkI

[PaperRocket Accounting @PaperRocketAcc]

MTD for landlords starts from April 2026 for many property owners. Not sure what it means for you? Find out more in our latest blog post...https://t.co/m5G1v24yZ9

[PaperRocket Accounting @PaperRocketAcc]

If your tax return isn’t done yet, now’s the time to get moving — leaving it late often means stress, missing info, and unexpected bills, especially if payments on account apply... https://t.co/zGjG1Q7zXK

[PaperRocket Accounting @PaperRocketAcc]

Small perk. Zero tax. Minimal admin. ✅
That’s exactly why trivial benefits are worth understanding if you run a limited company.
Find out what counts, what doesn’t, and how to stay on the right side of HMRC... https://t.co/pZwlQPXGLD

[PaperRocket Accounting @PaperRocketAcc]

Self-employed or running a small business? The Budget 2025 includes tax rises, new ISA limits, MTD updates, minimum wage increases and more... https://t.co/jiczKUSt7I

[PaperRocket Accounting @PaperRocketAcc]

National Living Wage to increase to £10.85 for 18-20 year olds, and to £12.71 per hour for those aged over 21, from April 2026 #Budget2025

[PaperRocket Accounting @PaperRocketAcc]

2 child cap to be removed from child benefit claims from April 2026 #Budget2025

[PaperRocket Accounting @PaperRocketAcc]

No increases to income tax, NI or VAT #Budget2025

[PaperRocket Accounting @PaperRocketAcc]

Electric vehicle excise duty to be charged at 3p per mile for full electric vehicles, and 1.5p per mile for hybrids, from 2028 #Budget2025 #Budget2025

[PaperRocket Accounting @PaperRocketAcc]

From 2029 tax relief for salary sacrifice capped at £2,000 #Budget2025

[PaperRocket Accounting @PaperRocketAcc]

From 2028 a high value council tax surcharge for properties worth more than £2m #Budget2025

[PaperRocket Accounting @PaperRocketAcc]

Property, savings and dividend income to be taxed an extra 2% #Budget2025

[PaperRocket Accounting @PaperRocketAcc]

Student loan, tax and NI thresholds to remain the same #Budget2025

[PaperRocket Accounting @PaperRocketAcc]

Premium cars excluded from motability scheme #Budget2025