Acumen Accounting

05/10/2026

If you could improve one thing in your business this month, what would it be? 👀
📈 More sales
💷 Better cash flow
📉 Lower costs
⏰ More time
Every business owner has a different challenge — and sometimes improving one area can make a noticeable difference elsewhere.
So, what would make the biggest difference to your business right now?
A, B, C or D? 👇

30/09/2026

MTD for Income Tax: are you ready for 7 November? 👀
If you’re affected by Making Tax Digital for Income Tax, now is a good time to check that you’re prepared.
HMRC’s second quarterly update deadline is 7 November 2026.
Before then, make sure you’ve:
✅ Started keeping your records digitally
✅ Checked that your accounting software is MTD-compatible
✅ Confirmed whether you need to sign up for MTD for Income Tax
✅ Kept your records and transactions up to date
HMRC has also said it will begin signing up customers from September who should be using MTD for the 2026–27 tax year but haven’t yet signed up.
Have you started preparing for MTD?
Comment READY or NOT YET 👇
Follow Acumen Accounting for clear, practical UK accounting updates.

23/09/2026

Do you need to register for Self Assessment? 👀
If you need to complete a Self Assessment tax return for the 2025–26 tax year and haven't sent one before, you generally need to tell HMRC by:
📅 5 October 2026
This may apply if you're:
• New to Self Assessment
• Self-employed
• Receiving untaxed income
• Receiving certain rental, investment or other taxable income
Not sure whether you need to register?
Don't leave it until the deadline — check your position now.
And remember: the 5 October deadline is for telling HMRC you need to file. The online tax return and payment deadline for the 2025–26 tax year is generally 31 January 2027. �
Are you already registered for Self Assessment, or is this your first year? 👇

21/09/2026

Sales are up. Profit looks good. So why does the bank account still feel empty? 👀
Because profit and cash flow are not the same thing.
A business can be profitable on paper while cash is tied up in things like:
• Unpaid customer invoices
• Stock and inventory
• Loan repayments
• VAT and tax payments
• Other timing differences
That’s why keeping an eye on cash flow is just as important as knowing your profit.
Be honest — which do you check more often: profit or your bank balance? 👇

09/09/2026

Your business is making sales… but are you actually making money?
It’s easy to focus on revenue because it’s the number that shows how much your business is selling.
But revenue tells only part of the story.
Your costs, overheads and other expenses determine what’s left as profit.
A business can have impressive sales and still have surprisingly little profit.
So, if you had to choose one number to check first…
Revenue or profit? 👇
Tell us in the comments.
Follow Acumen Accounting for practical, straightforward accounting and business insights.

06/09/2026

MTD Income Tax: HMRC service downtime announced

Planning to sign up for Making Tax Digital for Income Tax?

HMRC has announced temporary downtime for its MTD Income Tax sign-up services:

📅 From: 5pm Friday 11 September 2026
📅 Until: 1pm Tuesday 15 September 2026

If you need to complete your MTD sign-up, make sure you plan ahead and don't leave it until the last minute.

03/09/2026

UK BORROWING COSTS ARE RISING — WHAT DOES IT MEAN FOR BUSINESSES?
The UK’s 10-year gilt yield briefly reached around 5.29% today, its highest level since 2008
For UK businesses, higher borrowing costs can have a knock-on effect.
What to watch:
📌 Business loans and refinancing
📌 Investment and expansion decisions
📌 Cash flow and profit margins
📌 The cost of new finance
If your business is planning to borrow, refinance or invest, it may be worth reviewing your financing costs and cash-flow forecasts.
What does rising borrowing cost mean for your business?
Follow Acumen Accounting for practical UK business and accounting updates.

03/08/2026

HMRC is increasing its focus on Inheritance Tax compliance, with investigations reaching their highest level in six years. If you're dealing with gifts, estates, trusts, or inherited assets, it's more important than ever to keep accurate records and understand your tax obligations. Early planning can help reduce the risk of unexpected tax bills and HMRC enquiries.

30/07/2026

27/07/2026

Kevin Keegan was more than a footballer – he was a true icon of the game.

A two-time Ballon d’Or winner, England captain, Newcastle United legend, and the unforgettable No. 7, “King Kev” inspired generations with his passion, commitment, and love for football.

💙 Rest in peace, King Kev.
⚽ Forever our No. 7.
👑 Your legacy will never be forgotten.