Holder & Combes Accounting

Alert for employers: small gifts up to £50 can be tax-free if you tick the right boxes. It's about goodwill, not rewards. Find out why your Christmas treats might not cost extra tax.

A reminder of tax-free trivial benefits - Holder & Combes Accounting Employers looking to provide staff with small gifts or seasonal tokens of appreciation should remember the rules for tax-free trivial benefits. A benefit can qualify as a trivial

Key person insurance could affect your business taxes in surprising ways. Are your policies set up to maximise benefits? Find out why this matters now and what could change for your company's bottom line. Read on to learn more.

Key person policies and tax relief - Holder & Combes Accounting Many businesses take out “key person” insurance policies to protect against the financial impact of losing an important employee, director or other individual who is

VAT choices for property can lock you in for 20 years and impact your finances in unexpected ways. Got linked buildings or extensions? Read on to find out why this matters.

VAT – opting to tax property - Holder & Combes Accounting The option to tax is a VAT election that allows businesses to treat supplies of most non-residential land and buildings as taxable rather than VAT exempt. Once an option to tax is

Fuel costs are changing for drivers and hauliers alike. Discover what the new government measures mean for your wallet and journeys ahead. Read on to see how these adjustments could ease the pinch at the pump and on the road.

Government measures to ease rising fuel costs - Holder & Combes Accounting The government has announced a package of measures intended to help motorists and businesses manage rising fuel costs following disruption linked to the conflict in Iran. As part

Alert: If you expect your income tax to drop next year, you could reduce your payments on account and ease the strain. Wondering how to claim? Find out why it might be worth checking your payment on account status now.

Claiming to reduce payments on account - Holder & Combes Accounting Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax liabilities. These are paid in two instalments, the first on 31 January during

Mileage pay just got a boost! From 6 April, approved mileage rates for cars and vans have risen to 55p per mile for the first 10,000 miles. If you use your own vehicle for work, this could mean more money in your pocket. Curious how this affects you and the rules around mileage allowances? Read on to find out more.

Increase in approved mileage rates - Holder & Combes Accounting The Chancellor of the Exchequer, Rachel Reeves updated Parliament on 21 May 2026 on the Government’s economic response to the war in Iran and the wider measures being taken to

ID checks at Companies House are rolling out –

If you're a company director or have significant control, it's time to get verified.

Don't get caught out, contact us to find out why this matters to you today.

Verify your ID at Companies House - Holder & Combes Accounting Identity verification requirements at Companies House became a legal requirement for directors and people with significant control (PSCs) from 18 November 2025. This date marked

Happy Birthday Kate! 🎉🎂

Hope your workday is filled with colourful spreadsheets (especially pink ones 💖), plenty of cake, and someone else making the tea 😄

Have a brilliant birthday!

Love from the Holder and Combes Accounting Team 💙

Alert for landlords: Are you sure about your tax and National Insurance on rental income?

Find out what might affect your bottom line and pension rights.

Read on to get the details landlords often overlook.

Landlord tax and National Insurance considerations - Holder & Combes Accounting When renting out property, landlords may have both Income Tax and National Insurance considerations to consider. However, rental income is generally taxable. For individuals, the

Alert for small businesses: A VAT scheme lets you pay VAT only when your customers pay you. Could this be the cash flow boost you need? Find out why this matters now and if you could qualify.

VAT Cash Accounting - Holder & Combes Accounting The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing VAT to be accounted for when customers actually pay invoices, rather than when invoices are issued.