Elite Financial Accounting

02/10/2026

Struggling to pay an upcoming tax bill?

An HMRC Time to Pay arrangement can help businesses spread the cost, but there are a few important things to consider before agreeing one.

Read more here: https://www.elitefinancialaccounting.com/news/blog/archive/blog-article/2026/September/hmrc-time-to-pay-arrangements-what-businesses-need-to-know

If your business cannot pay a tax bill in full, HMRC may agree to let you pay the amount in instalments through a Time to Pay arrangement (TTP). This can be an effective way of dealing with a temporary cash-flow problem, but it needs to be taken seriously.

24/09/2026

With the latest figures released by HMRC, there is still a significant gap in MTD adoption. Based on HMRC's published figures, roughly 300,000 of those expected to be within the first phase had yet to sign up, while around 130,000 people had signed up but had yet to submit their first quarterly update.

Delaying will only create more work for later, don't put it off! Read our article below to learn more, and see how we can help.

https://www.elitefinancialaccounting.com/news/blog/archive/blog-article/2026/September/making-tax-digital-dont-put-it-off

18/09/2026

"I've connected 40 AI agents together, automated my entire business and now only need to work for twelve minutes every Thursday"

Hearing stories that seem to be too good to be true about AI?

We've put together a short guide on how our small business owner clients can benefit from using AI in a more realistic capacity.

Click the link below to see what we recommend:

You’ve probably seen some similar stories, someone has “connected 40 AI agents together, automated their entire business and now only needs to work for twelve minutes every Thursday”. Suspension of disbelief aside, for most small business owners, it’s simply not realistic.

16/09/2026

The Autumn Budget is set this year for 28th October.

Want to know what changes we're expecting?

Click the link below to find out our predictions on what may be included in this year's budget:

The Autumn Budget is set for 28 October 2026 and looks likely to be an interesting one. It will be the first Budget under Prime Minister Andy Burnham and Chancellor John Healey, and the Government has already given some indication of where its priorities lie. We can expect a particular focus on busi...

02/09/2026

📣 Just in case you haven’t heard...

HMRC has been reminding people with side hustles that they may need to register for Self Assessment if their total trading income exceeds £1,000 in a tax year.

This can include income from freelancing, selling online, content creation or providing services alongside your main job.

If your side hustle has grown over the last year, it is worth checking whether the £1,000 trading allowance applies and whether you now have a requirement to register.

30/07/2025

Ready to grow your business, but short on cash? You’re not alone. Whether you’re expanding premises, upgrading equipment, or looking to go greener, finding the right finance can unlock your business potential.

👉 Check out our latest blog on the subject https://www.elitefinancialaccounting.com/news/blog/archive/blog-article/2025/July/financing-for-growth-when-and-why-to-borrow-for-you-and-your-business-

07/05/2025

What really happens during an HMRC tax enquiry?

It’s something many business owners worry about, but few fully understand. Our latest blog breaks down the process step by step, what triggers an enquiry, what to expect, and how to be prepared.

www.elitefinancialaccounting.com/news/blog/archive/blog-article/2025/May/what-happens-during-an-hmrc-tax-enquiry

Whether you're facing one or just want to be ready for the possibility, it's worth a quick read.

23/04/2025

Thinking about setting up a limited company? Not sure if it’s the right move for your business?
Here are 5 key benefits of running a limited company! Take a look and see if it’s the right fit for you!

02/04/2025

🚀 Thinking of starting your own freelance business?

Taking the leap into being your own boss is exciting, but there’s a lot to consider, from managing your finances to understanding your tax obligations.

Our latest blog provides some essential tips and insights on starting your first venture including:

✅ Setting up as a sole trader or limited company
✅ Registering with HMRC
✅ Managing income and expenses
✅ Staying on top of taxes

👉 Read here: https://www.elitefinancialaccounting.com/news/blog/archive/blog-article/2025/March/what-you-need-to-know-when-starting-your-freelancer-business

12/03/2025

Thinking of getting an electric vehicle? Stay updated on the latest tax changes! 🚗⚡ Read our latest blog to find out what the new EV tax rules mean for you
https://www.elitefinancialaccounting.com/news/blog/archive/blog-article/2025/March/the-latest-changes-to-electric-vehicle-ev-tax-in-the-uk-what-you-need-to-know
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