Beldenn Chartered Accountants

Your weekly news from Beldenn 💡
As the 2025/26 tax year approaches its end on 5 April 2026, payroll managers need to complete several tasks for HMRC. Key actions include sending the final payroll report on or before employees' payday, updating payroll records from 6 April, providing P60s by 31 May, and reporting expenses and benefits by 6 July. For assistance with these tasks, feel free to reach out! 😊 What challenges do you anticipate as the tax year ends? Share your thoughts in the comments below!

Are you sure you know the ins and outs of Capital Gains Tax on personal possessions? Selling your treasures doesn’t have to be stressful! 💰 Most items under £6k are exempt, and items with a *limited* lifespan often escape CGT too. For sales between £6k-£15k, special rules can reduce your tax bill! At Beldenn, we’re here to help you maximise your gains. Let us guide you!
👉🏻 Find out more about what we can do for you: https://www.beldenn.co.uk/.

Is managing payroll leaving you feeling frazzled? 😕 Many business owners find tracking hours, deductions, and compliance a real headache! At Beldenn, we take the guesswork out of payroll, ensuring your staff are paid correctly and on time, every time. Let us handle the paperwork, so you can focus on building your dream team!
👉🏻 Visit https://www.beldenn.co.uk/ for more information.

Your weekly news from Beldenn 💡
The ICAEW has expressed concerns that business in the UK is overly uncertain and costly, urging for a more stable tax system. They criticize blunt tax hikes and lack of meaningful incentives for investment. Suggestions include an outright capital gains tax exemption and reversing the income tax relief reduction for venture capital trusts from April 2026. They also call for enhancements to the enterprise investment scheme and management incentives. What changes do you think would best support UK entrepreneurs? Leave a comment below! 💬

Have you thought about the High Income Child Benefit Charge? Don’t bin that Child Benefit claim just yet! ✨ Even if you opt out of payments, claiming it secures your State Pension NI credits and your child's NI number. It’s a savvy move for future peace of mind! At Beldenn, we can help you navigate it all. Let us assist you today!
👉🏻 Find out more about what we can do for you: https://www.beldenn.co.uk/.

Is payroll giving you sleepless nights? 😩 Many businesses struggle with the complexities of ensuring everyone gets paid accurately and on time. It can be a real juggling act! At Beldenn, we simplify the payroll process, taking the stress off your shoulders so you can focus on your team. Let us handle the nitty-gritty, while you enjoy peace of mind!
👉🏻 Visit https://www.beldenn.co.uk/ for more information.

Your weekly news from Beldenn 💡
The Spring Statement on 3 March will update Parliament on the UK economy and financial outlook, without major tax decisions expected. The statement is based on economic forecasts from the Office for Budget Responsibility (OBR), influencing future Chancellor decisions. While major changes are unlikely, smaller measures might emerge. The focus will be on OBR figures related to inflation and growth, which could impact future tax policies. What aspects of the Spring Statement are you most interested in? Let us know in the comments! 📊

Are you sure you know all about Capital Gains Tax? It’s not just about selling for cash! 💡 'Disposal' includes gifts, swaps, and insurance payouts too. Understanding the actual 'gain' is crucial, as it’s taxable, not just the cash received. At Beldenn, we can help you navigate these complexities. Let us keep you informed and ahead of the game!
👉🏻 Find out more about what we can do for you: https://www.beldenn.co.uk/.

Is keeping track of your receipts driving you mad? 🥴 We know that managing paperwork can feel like an endless task, often leaving you frustrated and overwhelmed. At Beldenn, we streamline your bookkeeping with user-friendly solutions, turning chaos into clarity. Let us take care of the details, so you can get back to what you love!
👉🏻 Visit https://www.beldenn.co.uk/ for more information.

Your weekly news from Beldenn 💡
As the new tax year approaches, several changes will take effect from April 2026. Dividend tax rates will rise, with basic and higher rates increasing by 2 percentage points. Tax thresholds remain frozen until 2030/31, potentially pushing more into higher brackets. National Insurance rates will increase, and voluntary Class 2 NICs won't apply to time spent abroad. Capital Gains Tax for business disposals will rise to 18%, while Inheritance Tax relief caps assets to £2.5 million. How will these changes affect your financial strategy? Share your thoughts below! 💬