BBK Partnership - Chartered Accountants

From 6 April 2026, businesses are legally required to keep detailed records of employee annual leave and holiday pay for a minimum of six years.

It wasn't on the government's published timetable, which means many payroll and finance teams haven't planned for it.

Records must cover:
→ Ordinary and additional annual leave
→ Leave carried forward from previous years
→ Holiday pay, including which elements are included or excluded
→ Payments in lieu of annual leave

Non-compliance is a criminal offence and fines can reach up to £20,000 per employee.

If your payroll process hasn't been reviewed since April, now is the time.

Summer might be here, but deadlines don't stop. Here are June's dates you need to keep in mind

• 1 June: New Advisory Fuel Rates take effect (update your mileage and expenses policies)
• 7 June: VAT return deadline (for quarter ending 30 April)
• 19 June: CIS and PAYE payment deadline
• 22 Jun: PAYE and Class 1 NIC electronic payment deadline
• 30 June: Companies House accounts deadline (for companies with 30 September year end)

BBK can help you stay ahead of deadlines year-round.

https://www.bbkca.com/

Suspecting financial fraud in your business is one of the most stressful things a director can face.

BBK's forensic accounting team helps you get to the truth.

We investigate fraud, quantify financial losses, trace and recover assets, and produce court-ready reports if litigation follows.
We work alongside your legal team so nothing gets missed.

If something doesn't add up, let's talk.

The P11D deadline is July 6th.

If you provide benefits or expenses to employees or directors, such as company cars, private medical insurance, gym memberships, or interest-free loans, you're likely required to report them in a P11D.

If you need help handling your P11D submissions, get in touch. Our team here at BBK would be happy to help.

Your accountant should save you more than they cost.

BBK takes bookkeeping, VAT, PAYE, and management reporting off your plate, so your accounts are accurate, compliant, and always up to date.

Book a free consultation and see what a difference the right accountant makes.

https://www.bbkca.com/

Here are the dates to have on your radar this May.

📅 1 May — Corporation Tax deadline (for accounting periods ending 31 July 2025)
📅 19 May — CIS and PAYE payment deadline
📅 31 May — P60s must be issued to all employees

One missing deadline can mean penalties, interest, and unnecessary HMRC attention.

Need help staying on top of your obligations? BBK has you covered.

Thinking about hiring in-house finance support? Here's when it makes sense and when it doesn't.

Outsource if:
→ You need expertise across tax, payroll, and compliance
→ Headcount cost outweighs the value of a full-time hire
→ You want flexibility as the business grows

Hire in-house if:
→ You need daily financial oversight and real-time decision support
→ You're at a scale where a dedicated CFO adds clear ROI
→ Culture and confidentiality are a priority

Most growing businesses do both, and knowing the right split is where BBK adds real value.

https://www.bbkca.com/

The three financial reports every director should review every month.

Profit & Loss: Know if your business is actually profitable.
Cash Flow: Spot shortfalls before they become problems.
Aged Debtors: Keep cash coming in consistently.

These three reports tell you everything about financial health, stability, and growth potential.

BBK helps directors read between the numbers so every decision is a confident one.

New tax year. New rules. Are you ready?

Today, 6 April 2026 marks one of the biggest changes to UK tax administration in years.
Making Tax Digital is now live, meaning quarterly digital reporting replaces the annual return for those earning over £50k.

If you haven't already made the switch to MTD-compliant software, today's the day.
BBK can get you set up - get in touch.

Even accountants take a break at Easter.

Wishing all our clients, partners, and friends a restful holiday. We're back on Tuesday 7th April, ready for the new tax year.