BondEsq Accounting & Bookkeeping Services

Self Assessment 2024/25 – Still Googling Tax Questions at 11pm? 👀

If your business is doing real numbers and you’re still searching things like:

→ “Do I still need a tax return if I earn over £150,000?”
→ “What’s the Child Benefit tax threshold now?”
→ “Do I pay tax on dividends under £1,000?”
…then your problem isn’t the form.
It’s that you don’t have a finance partner who just handles it.

Over the next 6 days we’ll break down the big Self Assessment questions UK business owners are asking right now – in clear, human language.

But if you’ve got:
→ messy books
→ multiple income sources
→ or a business that’s outgrown DIY tax…
…you don’t just need information. You need this off your plate before 31 January.

📞 We’ve opened a limited number of Self Assessment Rescue Calls
for UK businesses turning over £100k–£2m+ who want clarity and action.

Book here: https://calendly.com/bondesq/15min
Or email [email protected] with “Self Assessment 2024/25” in the subject.

31 January Self Assessment: 7 Mistakes That Trigger HMRC Penalties

If you’re a UK small business owner, sole trader or landlord, here are 7 things that can lead to Self Assessment penalties and interest:

1️⃣ Filing your tax return late
2️⃣ Forgetting about payments on account
3️⃣ Missing records or relying on guesswork
4️⃣ Not claiming the right business expenses
5️⃣ Leaving out extra income (like rental or dividends)
6️⃣ Assuming “no tax due” means “no need to file”
7️⃣ Ignoring HMRC letters or emails

HMRC can charge:

• £100 fines for late filing
• Extra penalties if you’re 3, 6 or 12 months late
• Interest on any tax paid after the deadline

If you’re not sure you’ve got it right, or you’re looking for a new accountant for 2026:

📞 Book a free 15-min Real Talk Call
A simple chat about where you are now and how we can help.

🔗 https://calendly.com/bondesq/15min

Self Assessment: Can You Reduce Your January Tax Payment (Legally)?

If you’re a UK small business owner, sole trader or director, you might be facing:

Your Self Assessment bill, plus

A payment on account for next year, all due by 31 January.

If your income is genuinely lower this year, you may be able to reduce those payments on account and ease the pressure, as long as it’s done properly.

This means:

✅ Checking last year’s bill and this year’s profits
✅ Estimating your new tax bill realistically
✅ Asking HMRC to reduce payments on account if you’ll owe less
⚠️ Understanding that if you reduce too much, HMRC can charge interest on any underpayment later

If you want help making that decision before 31 January:

📞 Book a free 15-min Real Talk Call
A simple conversation about your numbers, options and cash flow. No jargon, no pressure.

🔗 https://calendly.com/bondesq/15min

2026 Is Coming: 5 Money Moves UK SME Owners Should Lock In Before 31 January

Most UK small business owners switch off from “tax and HMRC” in December.
But the key dates aren’t moving.

Here are 5 things to sort before 31 January:

1️⃣ Get your Self Assessment done and know your bill
2️⃣ Check if MTD from 6 April 2026 applies to you (income over £50k)
3️⃣ Pick and set up accounting software you’ll actually use
4️⃣ Tighten cashflow and late payments going into Q1
5️⃣ Decide your one big financial priority for 2026

Do this now and January will feel very different.

If you’re looking for an accountant, between advisors, or just want a second opinion before 2026:

📞 Book a free 15-min Real Talk Call
A relaxed chat about where you are now and what needs to happen next.

🔗 https://calendly.com/bondesq/15min

A proud community moment for us last week. 💬

As part of our local business community with Hammersmith & Fulham Local Businesses and our partnership with Fulham Boys School, one of our student ambassadors, Jimmy, joined us at an evening event at West Digital, the podcast studio where we record.

He spent time speaking with Kate Wilson, Head of Business Development at West Digital, getting a real behind-the-scenes look at how a creative business and studio runs.
No classroom can replace:

• being in the room
• asking real questions
• hearing directly from people doing the work

Huge thanks to Jimmy, Kate and the West Digital team, and Fulham Boys School for trusting us with these opportunities.

This is exactly the kind of local, real-world experience we want to keep creating. 🙌

Autumn Budget 2025 — MTD Is Confirmed: Who & When

📅 April 2026 → £50k+ turnover? You’re in
📅 April 2027 → £30k+ turnover joins
💻 Quarterly digital filing required
🧾 Spreadsheets or software only — no paper allowed
⏳ One-year grace period (no late penalties)

This changes how small businesses report income.

📞 Book your 30-min Budget Impact 1:1 Session
We’ll review how and when your business is affected, using your actual numbers.

🔗 https://bondesq.komi.io

Autumn Budget 2025 — Companies House Just Got Serious

🔐 ID checks for directors
📄 Software-only filing (no more PDFs)
📈 Fees going up in Feb 2026
📘 Internal registers being scrapped

This is now confirmed.
Don’t let 2026 catch you off guard.

📞 Book your 30-min Budget Impact 1:1 Session (£200)
We’ll check your filings + walk through the changes together.

🔗 https://bondesq.komi.io

Autumn Budget 2025: Winners & Losers (SME Edition)

Quick breakdown:

🏆 Winners: cloud-ready businesses, low-labour sectors
⚠ Mixed: directors & VAT-registered SMEs
❌ Losers: hospitality, retail, trades, care, high-labour businesses

Every business feels this Budget differently.

If you want to see exactly where you stand:

📞 Book a 30-min Budget Impact 1:1 Session (£200)
A personalised breakdown using your numbers.

🔗 https://bondesq.komi.io

The Autumn Budget was last week, and the headlines don’t tell the full story for SMEs.

Here’s the simple version:

• Labour costs will rise
• Business rates affect shops & hospitality
• Directors’ income changes
• Digital-only filing from 2027
• Cashflow pressures coming in 2026

If you want personal clarity (not just a Budget summary):

📞 £200 Budget Impact Session (30 mins)
A quick, calm breakdown using your numbers.

Message me or book via our page - https://bondesq.komi.io