Delax Bookkeeping

The new 2026/27 tax year is here — and there are important changes every small business owner should know 👀

From Making Tax Digital (MTD) to minimum wage increases and business rates updates, now is the time to get organised and stay ahead.

If you’re a sole trader or landlord with income over £50,000, these changes may apply to you from 6 April 2026.

Save this post for later and share it with another business owner who needs to see this.

DM us for help 💬
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soletrader

Attending The Finance, Accounting & Bookkeeping Show 2026 at the NEC Birmingham this week!

Looking forward to connecting with other professionals 🙂.

If you use a vehicle for business, mileage can be claimed as a tax-deductible expense in the UK — but the rate depends on the vehicle type.

HMRC approved mileage rates:
🚗 Cars & vans
• 45p per mile for the first 10,000 miles
• 25p per mile after that

🏍 Motorcycles
• 24p per mile

🚲 Bicycles
• 20p per mile

What you should always record:
• date of the journey
• start and end location
• purpose of the trip
• miles travelled

Skipping this can mean paying more tax than necessary.

Save this post so you don’t forget.

Missing the 31 January Self Assessment deadline can get expensive — fast.

Penalties start automatically and increase the longer you delay, even if you owe no tax or are due a refund.

If you’re unsure, stuck, or running out of time, deal with it now.
Penalties are avoidable. Stress is optional.

📩 [email protected]

4 weeks until the 2024/25 Self Assessment deadline.

If you’re self-employed and haven’t started yet, now is the time.
Leaving it to the last minute only adds stress (and mistakes).

If you need support, get in touch 👉🏼 [email protected]