Connect Accounting Services

Self assessment doesn't have to wait until January.

Most self-employed business owners think they need to wait until the new tax year starts in January to file their self assessment. But here's the thing – you can file from 6th April, and getting it done early could save you stress, money, and headaches.

Why file early?

✓ Avoid the January rush and HMRC delays
✓ Get your tax bill sorted sooner
✓ Claim any refunds faster
✓ Have peace of mind before the year ends
✓ Better cash flow planning for the year ahead
✓ Less chance of missing the deadline

What you need to file:

• Your business accounts or records
• Income from all sources
• Expenses and allowable deductions
• VAT returns (if registered)
• Any other income (rental, investments, etc.)

The challenge: Many business owners scramble in January because they don't have their records organized. Then they miss deadlines, pay penalties, or make mistakes.

The solution: Get your records sorted now, file early from April, and start the new tax year with a clean slate.

Here's what we recommend:

1. Gather all your business records
2. Organize your income and expenses
3. Calculate your allowable deductions
4. File your self assessment early (from 6th April)
5. Plan your tax payment and cash flow

If you're self-employed and want to get ahead, or if organizing your records feels overwhelming, we can help. We'll prepare everything, file on time, and make sure you're not paying more tax than you need to.

Don't wait until January. Get it done early and enjoy the peace of mind.

Payrolled benefits are changing from 26 April – here's what you need to know.

From 26 April 2026, the way you report and manage employee benefits through payroll is changing. If you provide benefits like company cars, fuel, or other taxable perks, this affects you.

What's changing?

Instead of reporting benefits annually on P11Ds, many benefits will now be reported through your payroll system in real-time. This means:

✓ Benefits are taxed as they're provided
✓ Less admin at year-end
✓ Better accuracy and fewer corrections
✓ Simpler compliance for employers

Which benefits are affected?

• Company cars and fuel
• Accommodation
• Loans to employees
• Certain cash allowances
• Other taxable benefits

What you need to do now:

1. Review all benefits you currently provide
2. Understand which ones need to be payrolled from April
3. Update your payroll system to reflect the changes
4. Communicate with employees about any tax changes
5. Plan for the transition before the deadline

The challenge: Many employers don't realize this change is coming, and scrambling to update systems in April can be stressful and error-prone.

The solution: Get ahead now. We can help you identify which benefits need payrolling, update your systems, and ensure a smooth transition. No last-minute panic, no compliance risks.

Ready to prepare? Let's chat about your benefits and get you sorted before April.

Last payroll of the year? Make sure you're ready for P11Ds and P60s.

The final payroll run before 5th April is critical. Get it wrong, and you'll face complications with P11Ds, P60s, and HMRC submissions. Get it right, and you've set yourself up for a smooth year-end close.

Here's what you need to prepare:

P11Ds (if you provide benefits):
• Company cars and fuel
• Private medical insurance
• Accommodation or relocation costs
• Loans to employees
• Any other taxable benefits

P60s (for all employees):
• Final salary and tax paid for the year
• National Insurance contributions
• Pension contributions
• Any other deductions

The common mistakes:
✗ Missing or incorrect benefit reporting
✗ Forgetting to include all taxable benefits
✗ Payroll errors that don't match tax records
✗ Issuing P60s with wrong figures

Here's how to avoid them:
✓ Review all benefits provided during the year
✓ Double-check payroll records match your accounts
✓ Ensure all deductions are accurately recorded
✓ Issue P60s promptly after year-end

If you're managing payroll in-house and want to ensure everything's correct, or if you'd rather hand it over to us, now's the time to get it sorted. We'll make sure your P11Ds and P60s are accurate and submitted on time.

Tax year end for PAYE – don't leave it to the last minute.

The tax year ends on 5th April, and if you have employees, there's a lot to get right. Year-end PAYE submissions, P60s, and reconciliation can feel overwhelming if you're not prepared.

Here's what needs to happen:
• Final PAYE payment to HMRC (if not already paid via RTI)
• P60 forms issued to all employees
• Year-end reconciliation completed
• Annual returns submitted to HMRC
• Records archived and organized

The mistake most employers make: waiting until April to sort it out. By then, deadlines are tight and mistakes are costly.

Getting ahead now means:
✓ No last-minute stress
✓ Time to resolve any discrepancies
✓ Peace of mind that everything's correct
✓ Smooth transition into the new tax year

If you're unsure about your PAYE year-end process or want to make sure everything's handled correctly, let's chat. We'll take the complexity out of it so you can focus on your business.

MTD ITSA is coming – here's what you need to know.

From April 2026, Making Tax Digital for Income Tax Self Assessment (MTD ITSA) becomes mandatory for most self-employed businesses and landlords. If you're not ready, it could mean penalties.

The good news? It's not as complicated as it sounds.

Here's what changes:
• Quarterly digital tax updates required (instead of annual returns)
• Real-time reporting to HMRC
• Better visibility of your tax position throughout the year
• Fewer surprises at year-end

The challenge most business owners face: they don't know where to start or what records they need to keep.

That's where we come in. We'll guide you through the setup, ensure your records are MTD-compliant, and handle the quarterly submissions so you can focus on running your business.

Don't wait until April. Get ahead now – contact us to discuss your MTD ITSA readiness.

Is cash flow keeping you up at night? 😟

Most business owners we speak to struggle with the same thing: they don't have visibility into their cash position until it's too late. By then, it's hard to make confident decisions about growth, hiring, or investment.

Here's the thing – cash flow forecasting isn't just about numbers. It's about understanding your business deeply enough to spot problems before they happen.

That's where proactive management accounting comes in. Regular reporting, clear insights, and a partner who's always available to help you navigate the tough decisions.

If you're tired of guessing and want to take control of your cash flow, let's chat. We're here to help you make confident financial decisions.

CIS compliance doesn’t have to be daunting. Most builders worry about missing a step. What if you could follow a simple checklist and stay ahead of HMRC? I break down CIS into five clear actions so you’re always covered. Want the full checklist and practical tips? Let’s connect and simplify your compliance process together.

Ever wondered how proactive accounting changes everything?

Charlotte’s client, a Bristol builder, went from cash flow stress to steady growth—all with regular, hands-on support.

No more last-minute surprises. Just clear numbers, quick answers, and real peace of mind.

Curious if this could work for your business? Message me to see how I can help. 😊

⏰ 1 WEEK TO GO! ⏰

Self Assessment Deadline: 31st January 2026

This is it! Only 1 week left until the Self Assessment deadline. If you haven't submitted yet, you need to act NOW.

Time is running out:
✅ 7 days to gather your records
✅ 7 days to get your accounts prepared
✅ 7 days to submit your return

This is NOT the time to delay. Missing the 31st January deadline will result in:
• Automatic penalties from HMRC
• Interest charges on any tax owed
• Potential legal action if you ignore it

What to do RIGHT NOW:
• Get all your documents together TODAY
• Contact an accountant IMMEDIATELY if you need help
• Submit your return as soon as possible
• Don't wait until 31st January—submit early!

If you're panicking or feeling overwhelmed, I'm here to help. I can work quickly to get your Self Assessment sorted and submitted before the deadline. Contact me TODAY—don't wait another day.

Time is running out - get in touch NOW!

Contact [email protected]

⏰ 2 WEEKS TO GO! ⏰

Self Assessment Deadline: 31st January 2026

Only 2 weeks left to get your Self Assessment sorted! If you haven't started yet, now is the time to take action.

Here's your 2-week action plan:

✅ Week 1: Gather all your records, receipts, and documents
✅ Week 2: Get your accounts prepared and submitted

Don't wait until the last minute. The closer you get to 31st January, the busier accountants become, and you risk missing the deadline.

What you need to do RIGHT NOW:
• Collect all business records and receipts
• Organize your income and expenses
• Get professional help if you need it
• Submit your return ASAP

If you haven't started or you're feeling behind, contact me today. I can help you get everything sorted quickly and ensure you meet the deadline without stress.

Don't leave it till the last minute - get in touch now!

Contact [email protected]