Directors need to prepare for company accounts changes from Companies House, which will take effect from 1 April 2027. Digital software Directors who currently submit their company accounts themselves will no longer be able to file by paper or use […]
Author: Ammu Accounting
Is Now a Good Time to Be a Landlord?
Is now a good time to become a landlord in England? With more mortgage deals and lower interest rates, many wonder if this is the moment to invest in buy-to-let. Cons Uncertainty remains in the private rental market due to […]
Spending Review 2025: Business Impact
The Spending Review 2025 is in, and while major headlines cover national strategy, there’s plenty that affects our clients here in Glasgow, Ayr, and across Scotland. Whether you’re self-employed, run a limited company, or simply want to understand the impact, […]
HMRC Simple Assessments: What to Expect
From June 2025, HMRC simple assessment letters will begin landing on doormats. They’re likely to catch many recipients off guard.
MTD Awareness Still Low Among Sole Traders
With less than a year to go until MTD for sole traders becomes mandatory, many remain unprepared.
Inheritance Tax: Using Lifetime Gifts
With the nil rate bands for inheritance tax gifts frozen for 16 years, more individuals are turning to lifetime gifts to reduce their estate’s IHT liability.
AI in Tax Appeals: Use with Caution
Using AI in tax appeals can be problematic if it replaces legal judgment.
Employment Status Rules for Salons
HMRC has published new guidance to clarify employment status for salons.
HMRC Struggles to Tax Interest Income
Taxpayers relying on HMRC to correctly calculate tax on interest are being warned: the system is under strain, and personal responsibility is key.
Companies House ID Checks Coming Soon
Companies House identity verification is being rolled out for directors, people with significant control (PSCs), and anyone who files on behalf of a company.
Mandatory Payrolling of Benefits Delayed
The deadline for mandatory payrolling of benefits has been postponed by one year. Employers will now need to report most taxable benefits through payroll software starting 6 April 2027.
New Rules for Statutory Sick Pay
Proposed statutory sick pay changes will introduce eligibility from the first day of sickness. The lower earnings threshold will also be removed.