JSK

Great day at Accountex London today 🚀

Lots of interesting conversations around AI, automation, Making Tax Digital, accounting software and the future of the profession 👏

Really good atmosphere and great to see how fast technology is changing the accounting world.

Also… the Transformers definitely stole the show 🤖😂

Making Tax Digital is coming and many landlords are still not ready.

Pleasure discussing MTD with property_with_kd from crownluxuryhomes_uk 👏

Big changes ahead with quarterly reporting and digital records from April 2026 📊

Hopefully this gives some practical insight into what to expect and how to prepare.

🎥 Full video on LinkedIn — link in bio

Are you aware of the key dates for Making Tax Digital? Many sole traders and landlords are uncertain.

From 6 April 2026, it's essential to start using compatible software to record and report your income and expenses. Keeping track of these dates is crucial to avoid penalties.

Here's a quick overview of upcoming deadlines:
- 31 January 2026: Submit Self Assessment for 2024-2025
- 6 April 2026: Start using MTD software
- 7 August 2026: First quarterly update due
- 31 January 2027: Submit Self Assessment for 2025-2026

JSK can help you:
- Understand these important dates
- Select the right software
- Stay organised and compliant

Ready to get started? Drop us a DM today!

Are you running your e-commerce business without a clear financial strategy?

Many online retailers think that as long as they’re making sales, their accounting will take care of itself. This misconception can lead to serious financial pitfalls down the line.

Neglecting proper accounting practices can result in inaccurate financial reporting, missed tax deadlines, and cash flow issues. You want to ensure your business thrives, not struggles behind the scenes.

At JSK, we offer specialised accounting services tailored for e-commerce businesses. Our team can help you manage your finances effectively, optimise your profits, and navigate the complexities of online sales.

Don’t leave your financial success to chance. Drop us a DM today to learn how we can support your e-commerce journey!

JSK Updates 💡
Recent changes in assessing co-working spaces for business rates are raising alarms within the business community, with estimates suggesting a £600 million “stealth tax raid.” Previously assessed by individual units for lower rateable values qualifying for Small Business Rate Relief (SBRR), a recent legal ruling now classifies them as a single establishment, raising costs significantly. The Federation of Small Businesses warns nearly 4,000 shared offices could be affected, potentially increasing costs by £5,400 annually. Will this push small business owners back to working from home? Share your thoughts below! 💼

Are you aware that selling your personal possessions could trigger Capital Gains Tax? Many people don't realise they may owe tax when making a profit on items like jewellery, antiques, or artwork worth £6,000 or more.

Here's what you need to know: If you sell a personal possession at a gain, you may have to pay tax on it. However, not all possessions qualify, and there are exemptions to consider.

Ignoring these details could lead to unexpected tax bills when you least expect it.

JSK can help you navigate this complex landscape by:

- Clarifying when Capital Gains Tax applies to personal possessions
- Assisting you in calculating your gains accurately
- Helping you understand what deductions you can claim
- Advising you on the implications of selling jointly owned items

Don’t let Capital Gains Tax catch you off guard! Drop us a DM today to ensure you’re informed and prepared. We’re here to help you understand your tax situation better!

Are you a property landlord thinking that managing finances is just about collecting rent?

Many landlords underestimate the importance of proper accounting and financial management in their rental business. This oversight can lead to missed deductions and lost income potential.

Ignoring financial best practices can result in cash flow issues, tax liabilities, and even disputes with tenants. You want to ensure your property investments are thriving, not draining your resources.

At JSK, we specialise in providing comprehensive accounting services for property landlords. We can help you streamline your finances, maximise your profits, and stay compliant with regulations.

Ready to take your property management to the next level? Drop us a DM today to find out how we can support you!

JSK Updates 💡
New legislation will come into effect at the end of April 2026, aimed at alleviating the fear of losing benefits for disabled individuals and those with long-term health conditions. This law ensures that starting a job or volunteering won't automatically trigger a benefits reassessment for specific support payments, promoting employment and volunteering opportunities. Employers could benefit from accessing a wider pool of suitable candidates. How do you think these changes will impact job opportunities for disabled individuals? Leave a comment below! 😊

Is your business aware of the new Corporation Tax rates? Many entrepreneurs struggle to understand how they’re taxed and what expenses they can claim.

Currently, the Corporation Tax rate for company profits is set at 25%. If your profits exceed £250,000, you'll face the main rate, but if your profits are £50,000 or less, you’ll benefit from the small profits rate of 19%.

What's more, navigating expenses and reliefs can be tricky. Ignoring these could lead to overpaying and unnecessary stress at tax time.

Here’s how JSK can assist you:

- Clarify which Corporation Tax rate applies to your company
- Guide you in understanding eligible expenses and what can be claimed
- Help you identify potential tax reliefs, like Marginal Relief
- Support you with accurate record-keeping to avoid costly mistakes

Don’t let confusion about Corporation Tax hold you back. Drop us a DM today to simplify your tax journey and ensure you’re maximising your resources!

Are you relying solely on generic advice for your accounting needs?

Many businesses think that one-size-fits-all solutions will suffice in the complex world of accounting consultancy. This can lead to strategies that don't align with your unique business goals.

Failing to seek tailored consultancy can result in inefficient processes, wasted resources, and missed growth opportunities. You want to ensure your financial strategy is as unique as your business.

At JSK, we offer bespoke consultancy services designed specifically for your needs. Our experts take the time to understand your business, helping you optimise your financial performance and achieve your objectives.

Don’t leave your success to chance. Drop us a DM today to discover how we can support your journey!

JSK Updates 💡
New rules expected in spring 2027 aim to help people steer clear of expensive subscription traps. Key changes include clear information before signing up, reminders before trials or renewals end, and simpler online cancellation processes. A new 14-day cooling-off period will apply after trials or renewals, allowing refunds based on service usage. Charitable organisation memberships are excluded. Businesses dependent on subscriptions should stay informed about these developments. How do you feel about these changes? Leave a comment below! 💡