SAS Micro

💷 Are tax mistakes costing your business more than you realise?

Many small businesses miss opportunities to save money or accidentally make errors that can lead to unexpected tax bills and penalties.

Our latest blog highlights 5 costly tax mistakes and how to avoid them.

Read more: 🔗 https://sas-micro.com/blog/5-costly-tax-mistakes-that-could-be-hurting-your-small-business/

Costly mistakes that could be hurting your business Whether you’re a freelancer, contractor, sole trader or limited company director, it’s easy for tax to slip down the priority list while you’re focused on winning work and serving customers.

⚠️ Deadline approaching!

The deadline to register for Self Assessment is the 5th October.

If you've become self-employed or have income that hasn't been taxed at source, you may need to register with HMRC.

You can sign up or check your status using the gov.uk Self Assessment Registration service.

If you're unsure whether you need to register, get in touch and we'll be happy to help:
📞0333 202 6442
✉️[email protected]

🚨Self Assessment Reminder: Second Payment on Account Due 31 July 2026 🚨

If you're self-employed, a landlord, company director, or receive income that isn't fully taxed at source, your second Payment on Account could be due by 31 July.

Many taxpayers are caught off guard by Payments on Account, especially if it's their first time paying under Self Assessment. Understanding how they work can help you avoid unexpected bills, interest charges, and cash flow headaches.

Our latest blog explains everything you need to know:📖 https://sas-micro.com/blog/how-to-plan-for-self-assessment-payments-on-account/

Payments on Account If you are self-employed or have other income taxed through Self Assessment, you may be asked to make payments on account.

Are hidden tax mistakes costing your business money?

Common issues like poor bookkeeping, missed deductions, and late filings can quietly hurt profitability throughout the year. Understanding these risks is the first step toward better financial management.

Learn about 5 costly tax mistakes that could be impacting your business:
🔗 https://sas-micro.com/blog/5-costly-tax-mistakes-that-could-be-hurting-your-small-business/

Costly mistakes that could be hurting your business Whether you’re a freelancer, contractor, sole trader or limited company director, it’s easy for tax to slip down the priority list while you’re focused on winning work and serving customers.

“We’re only a small business, HMRC won’t look at us.”

It’s a phrase we hear often… but the reality is that HMRC enquiries are not limited to large companies.

Small businesses, sole traders, and owner-managed companies can all be selected for compliance checks, sometimes through routine reviews or random selection, not because anything has gone wrong.

What many business owners don’t expect is the time, stress, and professional costs involved in responding to an enquiry.

That’s where Tax Enquiry Cover can help.

Our latest article explores:
✔️ Why HMRC enquiries are more common than many realise
✔️ The hidden costs of responding to an enquiry
✔️ How Tax Enquiry Cover can help protect your business and provide expert support if HMRC comes calling

Being prepared today can save a lot of pressure tomorrow.

Read the full article here: https://sas-micro.com/blog/what-is-tax-enquiry-cover-why-small-businesses-need-protection-from-hmrc-enquiries/

HMRC Enquiries: Is Tax Enquiry Cover Worth It? HMRC compliance checks are rising, even for small businesses. Learn how Tax Enquiry Cover protects against enquiry costs with expert support and fee protection.

Think HMRC enquiries only happen to large businesses? Think again.

HMRC compliance checks are becoming increasingly common, and smaller businesses, sole traders, and owner-managed companies are not immune. In many cases, an enquiry doesn’t mean anything has gone wrong, but responding can still take time, create stress, and lead to unexpected professional costs.

That’s where Tax Enquiry Cover can help.

In our latest blog, we explore:
✔️ Why HMRC enquiries are increasing
✔️ What an enquiry could involve
✔️ The hidden costs businesses often overlook
✔️ How Tax Enquiry Cover can provide reassurance and support

Read more here: https://sas-micro.com/blog/what-is-tax-enquiry-cover-why-small-businesses-need-protection-from-hmrc-enquiries/

HMRC Enquiries: Is Tax Enquiry Cover Worth It? HMRC compliance checks are rising, even for small businesses. Learn how Tax Enquiry Cover protects against enquiry costs with expert support and fee protection.