Thobani Accountants

Growing your business? Don't let your tax arrangements get left behind.

As turnover and profits increase, so can your tax responsibilities – from VAT and payroll to payments on account.

We've rounded up some common tax mistakes made by growing businesses, with tips on how to avoid them.

Read the blog:

Common tax mistakes for growing businesses to avoid - Thobani Accountants The key is not to wait until something goes wrong. Keeping good records, planning for tax bills and reviewing your position is very important

Worried about your 31 July Self Assessment payment? It might be possible to reduce the amount due.

Payments on account are based on your previous year's tax bill, so if your income has fallen, you could pay less.

Before the deadline, a quick review could save you money and improve your cash flow.

Read our latest blog to find out more:

Could you be paying too much tax this July? - Thobani Accountants If you have a payment on account becoming due for self assessment tax on 31st July, read on for futher information

Making Tax Digital is here – is your business ready?

For many sole traders and landlords, how you keep records and report income to HMRC is changing. You now need to provide quarterly updates and use digital record-keeping.

But with the right preparation and software, the transition can be smoother than you might think.
Read our latest blog to find out who’s affected and what you need to do.

Making Tax Digital has arrived: Is your business ready? - Thobani Accountants The good news is that MTD doesn't change how much tax you pay. It just changes how you keep records and report your income to HMRC.

Two big compliance changes are on the horizon for UK businesses:
📌 Updated IR35 thresholds from April 2026
📌 Mandatory e-invoicing arriving in 2029

What do the changes actually mean for contractors, SMEs, and company directors? We’ve broken down the key updates, the practical implications, and what businesses should be doing now to prepare.

Read the full blog below 👇

https://thobaniaccountants.co.uk/ir35-and-e-invoicing-new-changes-peterborough-businesses-need-to-know/

IR35 and e-Invoicing: New changes Peterborough businesses need to know - Thobani Accountants Two new topics are on the agenda for small businesses: changes to the HM Revenue & Customs off-payroll working rules (commonly known as IR35) and the government’s plans to introduce mandatory e-invoicing from 2029. While neither represents an overnight change for most businesses, both are part of ...

With dividend tax rising this month, a lot of directors are asking: “Should I just take everything as salary instead?”

Short answer: probably not.

Even with the increase, salary + dividends is still usually more tax-efficient — mainly because dividends don’t get hit with National Insurance.

The gap is smaller than before, but it hasn’t disappeared. Read our blog for details: https://thobaniaccountants.co.uk/should-you-switch-from-dividends-to-an-all-salary-approach-in-2026-27/

Should you switch from dividends to an all-salary approach in 2026/27? - Thobani Accountants A question we’re hearing more frequently as new tax changes take effect is whether directors should move away from salary-plus-dividend model