Artifin Accountants

Got a Payment on Account from HMRC? Don’t just pay it automatically
If you earned less this year than last, you can adjust it online before the deadline and avoid unnecessary interest.

HMRC’s Payment on Account system can be adjusted if your income has dropped. Use your online HMRC account or form SA303 to reduce payments. Two key rules:

Don’t reduce to zero unless you made nothing; underpayment incurs interest.
Overpayment? You’ll get a refund when your tax return is processed.

Can’t pay now? Set up a “Time to Pay” plan before 1st August to stop daily interest. Comment “POA” below and we’ll help you check your numbers.

Attention, landlords: Section 21 deadline is approaching fast!
All existing claims must be issued by 31 July 2026; after that, the route disappears.

Made under £50K last year? You’re exempt from MTD… for now
Prepare for the upcoming digital deadlines; the threshold drops fast in 2027 and 2028.

Contractors & freelancers: HMRC could be watching

Even if you think IR35 doesn’t apply, HMRC can review your contracts and working arrangements. Check key signs like client control, substitution clauses, and integration into the company. Protect your take-home pay and stay compliant.

MTD isn’t just a filing change; HMRC now works like driving points!
Miss a quarterly submission? Points build up and can cost you £200 automatically. Stay ahead and avoid penalties!

Think you’ve got until summer for Making Tax Digital? You’re already late!
Sole traders and landlords with turnover over £50K must keep digital records from April 6th. August 7th is your first quarterly deadline; don’t panic later.

Your accounting software might already be wrong, and you don’t even know it
If your bank, invoices, and inventory aren’t syncing properly, your numbers could be silently inaccurate right now.

Your accounting software might be silently giving you wrong numbers right now
If your bank feed, invoices, or inventory aren’t syncing properly, your accountant could charge you double at year-end to fix it!

The classic client vacation dilemma!

We’ve all seen a client post from a luxury holiday and secretly wondered what kind of 'business connection' they’ll try to claim on their next VAT return.

Are you risking your personal home and savings on a sole trader setup?

Many UK business owners don't realise they are personally liable for every penny of business debt. Switching to a Limited Company structure gives you limited liability protection, meaning your personal lifestyle is shielded if the business faces financial trouble.