Tally Tally Accountants

Eid Mubarak 🌙✨
Wishing our valued clients, dedicated team, and trusted partners a joyful and blessed Eid.

May this special occasion bring peace, prosperity, and success to you and your families.

Happy Pongal 🌾

Pongal is a celebration of gratitude, growth, and fresh beginnings—values that deeply reflect how we build our teams, develop skills, and shape the future.

As we welcome this harvest festival, we are grateful for the clients who trust us with their accounting and financial journeys, the partners who grow with us, and the opportunities that help shape the future of accountancy practice.

Here’s to new beginnings, continuous learning, and accelerating growth together.

Happy Pongal!

Dear Valued Clients,

As we step into the New Year, we would like to sincerely thank you for choosing Tally Tally Accountants for your accounting and tax needs.

The past year has been a privilege working with you, supporting you with statutory accounts, tax compliance, and advisory services. We truly value the trust you place in us and remain committed to providing accurate, compliant, and timely accounting and tax solutions.

As the New Year unfolds, we look forward to continuing to support you with accounts preparation, tax planning, and meeting your HMRC obligations efficiently and confidently.

We wish you a prosperous, successful, and fulfilling New Year.

Kind regards Team Tally Tally Accountants

Dear Valued Client,

As the year comes to a close, everyone at Tally Tally Accountants would like to extend our warmest wishes to you and your family this holiday season 🎄

We are truly grateful for the trust you have placed in us as your Accountant and Business Advisor, and we look forward to continuing to support you and your business in 2026 and beyond.

After a busy year, we hope you are able to enjoy some well-deserved rest and time with family and friends—reflecting on your achievements and looking ahead to an exciting year to come.
Thank you for your continued support.

With best wishes,

Tally Tally Accountants

Taxes Schemes Support Actions for Business Owners

Employment & Payroll

Update payroll systems for National Minimum & Living Wage increases from April 2026.

Review staffing levels, shift patterns, and pay budgets to manage higher payroll costs.

Plan for salary-sacrifice NIC changes: contributions over £2,000/year subject to NICs from April 2029.

Income Tax & National Insurance

Check fiscal drag impact: thresholds frozen until 2030-31 → more income taxed at higher rates.

Review dividend strategy for higher dividend tax rates from April 2026.

Landlords: property income taxed at higher rates from April 2027 (BR 22%, HR 42%, AR 47%).

Pensions & IHT

Review unused pension funds included in taxable estate from April 2027.

Plan IHT and estate strategy with APR/BPR £1m combined limit from April 2026.

Update wills, trusts, and succession plans considering new caps and exemptions.

Capital Taxes

Plan capital gains tax (CGT) events: EOT relief reduced to 50%, incorporation relief changes from April 2026.

Assess timing for business or asset disposals before new CGT rules apply.

Business Taxes & Investments

Check EMI scheme limits and paperwork ahead of April 2026 changes.

Review EIS & VCT funding limits and reduced relief rates from April 2026.

Plan capital expenditure to maximise 40% first-year allowances and full expensing.

VAT, Customs & Compliance

Prepare for mandatory e-invoicing from 2029.

Review customs duty and import compliance: low-value relief abolished from March 2029.

Ensure VAT and indirect tax procedures are up to date (TOMS changes, Motability, excise, DST review).

Consider impact of tax compliance penalties (CT late filing, MTD soft landing, crypto reporting).

Property & High-Value Assets

Evaluate high-value properties (>£2m): new council tax surcharge from April 2028 (£2,500–£7,500).

Adjust rental or investment strategies based on new annual property taxes and thresholds.

SME Support & Growth

Take advantage of fully funded apprenticeships for under-25s.

Assess eligibility for business rates relief from 2026-27.

Get in touch 020 3372 5591

Self Assessment 2024/25 – File Early, File Fast!

We Make Self Assessment Simple

Avoid last‑minute stress! Our accountants help you file your Self Assessment quickly and accurately — especially when your documents are organised and digitally presented.

How It Works in 5 Easy Steps
1. Contact Us

Email [email protected] and one of our dedicated team members will get in touch to explain the process.

2. Share Your Documents

Send your details and paperwork via email or through secure online sharing platforms such as Dropbox, Google Drive, or OneDrive.

3. We Prepare Your Tax Return

We prepare your tax return and send you a draft for approval.

4. Secure Payment

We send you a payment link. Once the payment is processed, we proceed with filing.

5. Filing & Acknowledgement

After approval and payment, we file your return with HMRC and send you the official acknowledgement.

Why Choose Us?

Fast & efficient process

Friendly expert support

Digital submission made easy

Accurate & compliant filing

self assessment

This Diwali, we take a moment to express our sincere gratitude to our clients and partners for their continued support and trust.
May the festival of lights bring peace, joy, and prosperity to your home and business.
Wishing you and your family a very Happy Diwali!

The Self Assessment deadline is 31st January 2026 — don’t leave it to the last minute!
Let TallyTally Accountants handle your tax return quickly, accurately, and stress-free.
💬 Message us today to get started — before the rush begins!
#2026

Know about – IR35-Off-payroll working

Know about – IR35-Off-payroll working An individual sometimes provides services to a company through an intermediary rather than being an employee. In the IT field this more common. In these circumstances IR35 rules apply. We at Tally Tally will take you through the important points of IR35 to help you understand the basics. You will ne...

KNOW ABOUT – RESEARCH AND DEVELOPMENT (R&D) TAX RELIEFS

http://www.tallytally.co.uk/research-and-development-rd-tax-reliefs/