SK Accountants

HMRC is increasing its focus on closing the tax gap for SMEs.

However, did you know that many SMEs miss important tax-saving opportunities?

Read our blog to find out more: https://ow.ly/cqLy50Zrl1B

Have you tried to get in contact with HMRC recently?

Many taxpayers feel frustrated when they need support and it could be time for them to consider getting support from an accountant.

Read more: https://ow.ly/cUcH50ZqEKG

World Youth Skills Day is upon us. During this time, it is important for employers to understand the financial benefits of hiring young people.

Our accountants can help you identify the funding available and assess the financial benefits of hiring young people.

Read more here: https://ow.ly/agYL50ZnGi8

For support, get in touch today!

Have you tried to get in contact with HMRC recently?

Many taxpayers feel frustrated when they need support and it could be time for them to consider getting support from an accountant.

Read more: https://ow.ly/cHIU50ZnerE

⏰ Tax deadline reminder

The second Self-Assessment payment for the 2025/26 tax year is due 31 July.

Need help staying on top of your tax return?

Speak to our team today for advice and support.

HMRC is currently consulting on proposals that could see the most significant changes to tax payment processes in recent years.

These proposals could make Direct Debit the mandatory payment method for VAT and PAYE liabilities, a move that would affect millions of UK businesses, is your business prepared?

Read more: https://ow.ly/FNTP50ZlrTs

A new HMRC consultation could change how money is extracted from companies through buybacks, demergers and capital reductions.

Here is what it means for shareholders and owner-managed businesses: https://ow.ly/I7In50Zl33H

Electronic payments for PAYE and National Insurance contributions are due 22 July Spiral calendar

You’ll also need to pay any National Insurance owed on employee expenses and benefits.

Need help managing your payroll? Our team are here to help.

Contact us today.

Unsurprisingly, MTD is off to a slow start. With just over a month left until the first quarterly deadline, HMRC is still waiting for over half of the eligible taxpayers to sign up.

Are you ready for MTD? Get in touch today to get set up with an accountant who will help you!

Read more here: https://ow.ly/w2lm50Zj38M

Making Tax Digital off to a slow start With the upcoming 7 August deadline, HMRC reports that it is still waiting for over half of those affected by Making Tax Digital (MTD) to register, let alone file their returns by the deadline. This is the first wave of MTD registrations that are set to come over the following years. However, only 3...

Small businesses are still to blame for the increasing tax gap.

How tax-compliant are you?

Learn more: https://ow.ly/Wo2w50Ziykb