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Return your records to us as soon as possible

Reminder – we would like to prompt all our clients to submit your accounts and personal tax records to us as soon as you are able – sooner, rather than later!

Due to the Basis Period Reform changes that are coming in to effect and with a number of clients moving to a 31 March or 5 April year-end we are anticipating an additional workload this year.

We continue to review the HMRC guidance around the reforms and changes and will provide updates with proactive and hopefully easy to understand advice, where needed.

In the meantime, if you would like to discuss or clarify any issues relating to your accounts, please do not hesitate to get in touch.

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News and Events

Accounts & Tax Returns – Action Required

We need your accounts records and personal tax information.

Spring Statement 2025 – Review

Yesterday, Chancellor Rachel Reeves delivered her Spring Statement. We have sifted through the details and hope the following review, which we feel will be the most significant to our clients, will be helpful.

HMRC to close their online accounts and tax filing service

HMRC have issued guidance confirming that from 31 March 2026 their online filing service for company accounts and tax returns will close.

Side hustle sales threshold raised to £3,000

Further information has been released by the Government on the increase in the trading allowance rate and when this will come into effect, but beware; the £3,000 is not a tax relief increase, only an administrative increase.