SK Accountants

HMRC’s Advisory Fuel Rates can help employers reimburse employees fairly for fuel used in a company car.

These rates will be changing from 1 June, so it’s important your business remains up to date.

Contact our team for advice.

Side hustle summer pending.

Don’t let your summer side hustle leave you owing HMRC an unexpected tax bill.

Read more here: https://ow.ly/PlGi50Z4HSz

Only 35 per cent of those affected by MTD have registered.

The deadline was a month ago, so is it risky to leave it this late?

Read more here: https://ow.ly/WELb50Z4Anh

Does your business thrive in the summer sun?

Payroll processing may be more challenging this year for seasonal workers following recent changes.

Read more: https://ow.ly/ycKi50Z1uII

All employees must be issued with a P60 by 31 May.

Issuing a P60 after this date may result in a penalty from HMRC, so don’t delay!

Contact us today for support with your business’s payroll requirements.

HMRC have collected nearly £1 trillion of tax money.

Is your business able to manage the extra expenses?

Read more: https://ow.ly/olex50YR9QJ

It’s almost time for the new tax year!

Make sure you’re ready for the changes to tax rates and reliefs that may affect you or your business.

If you need advice, contact us.

The penalties for submitting your Corporation Tax return after the deadline will double from the 1 April.

Submit yours now if you want to avoid a higher penalty!

If you need assistance with your businesses tax returns, contact us today.

From April 2027, the way Benefits in Kind (BiKs) will be taxed and reported is changing.

However, you may have time to prepare for this if you register for voluntary payrolling by 5 April 2026.

Read more in our latest blog: https://ow.ly/Lj8350Ysfql

It’s Tax Awareness Week!

Now is the time to catch up on how your tax obligations might look in the new tax year.

Read more here: https://ow.ly/UEin50YrIPb