Singletree Accountants

🚨 HMRC IS INCREASING SCRUTINY ON UK BUSINESSES 🚨

If your business is growing beyond the £1M turnover mark, this is the time to review your tax and financial structure.

HMRC compliance activity has significantly increased, with greater focus on:

✔️ Director remuneration
✔️ Payroll & VAT compliance
✔️ Dividend strategies
✔️ Digital accounting systems
✔️ Tax investigations & reporting
✔️ Group structures and succession planning

📊 HMRC generated over £24 billion through compliance activity during 2025/26 — showing a clear rise in investigations and enforcement across UK businesses.

Businesses that prepare early are in a much stronger position than those reacting after an enquiry begins.

At Singletree Accountants Ltd, we support growing businesses with:
✅ Tax planning
✅ CFO & advisory services
✅ HMRC compliance reviews
✅ Financial strategy
✅ Business growth support

📞 0204 531 7317
🌐 www.singletreeaccountants.com

📲 HMRC is going fully digital — are you ready?

The UK tax system is rapidly changing.

HMRC is moving towards:
✔️ Fully digital record-keeping
✔️ Real-time tax reporting
✔️ Increased automation
✔️ More compliance checks

What does this mean for you?

👉 Less room for error
👉 Faster reporting requirements
👉 Greater visibility from HMRC
👉 Higher risk of penalties if you're not compliant

Businesses still relying on spreadsheets or manual processes may struggle to keep up.

Those who switch to cloud accounting and digital systems early will:
✅ Save time
✅ Reduce errors
✅ Stay compliant
✅ Make better financial decisions

💡 2026 is not the year to delay — it’s the year to adapt.

If you’re unsure whether your business is ready, now is the time to review your systems.

📩 Message Singletree Accountants Ltd for a digital readiness check.

HMRC has launched a sweeping consultation proposing stricter reporting requirements on director’s loan accounts and transactions with participators.

This move is part of a wider strategy to address the £14.7bn small business tax gap, now at a record high.

What’s being proposed:
• Mandatory reporting of all transactions between close companies and participators
• Increased transparency on director’s loan repayments, write-offs, and releases
• Expanded disclosure on dividends and transfers of value
• Possible annual or more frequent reporting aligned with CT filings

These changes could significantly affect owner-managed businesses and small companies, particularly those utilising director’s loans and close company structures.

HMRC’s goal is clear: improve visibility, reduce errors, and tackle perceived abuse.

📅 Consultation deadline: 10 June (9:30am)

If implemented, this will mark a major shift in compliance requirements.

If you’d like to understand how this may affect your business, feel free to get in touch.

🌿 Celebrating 11 Years of Singletree Accountants 🌿

What started as a vision has grown into a trusted partner for businesses across the UK and beyond.

For 11 years, we’ve been committed to:
✔️ Supporting ambitious businesses
✔️ Delivering clarity in complex finances
✔️ Building long-term relationships

A huge thank you to our clients, partners, and team who made this journey possible.

This is just the beginning.

✨ Here’s to growth, innovation, and the future.

Ali Tekagac, Singletree Ltd

🌙✨ Eid Mubarak from Singletree Accountants ✨🌙

On this blessed occasion of Eid, we extend our warmest wishes to you and your loved ones. May this special day bring peace, prosperity, and continued success to your homes and businesses.

At Singletree Accountants, we are grateful for the trust you place in us and look forward to supporting your growth in the year ahead.

🤍 Wishing you joy, reflection, and abundance this Eid.

Ltd