lexicon.tax

🏠 Work From Home? You Could Get Tax Reductions!

Many home-based workers and small business owners can claim expenses like utilities, internet, and office space, reducing their taxable income.
Lexicon Tax can help you identify what you’re eligible to claim and make sure you keep more of your hard-earned money.

📞 Call: 01144 000192
✉️ Email: [email protected]
🌐 Visit: https://lexicontax.com

⏰ Missed the Self Assessment Deadline?

Even if you don’t owe any tax, you could face late filing penalties up to £1,600. Don’t risk it—get your return filed correctly and on time.

Lexicon Tax can help you submit your Self Assessment quickly and avoid further penalties.

📞 Call: 01144 000192
✉️ Email: [email protected]
🌐 Visit: https://lexicontax.com

💻 Selling on Vinted, eBay, or Other Platforms?

If you sell items frequently or make a profit, HMRC may treat your earnings as taxable income. Stay compliant and avoid fines by keeping records of your sales and expenses.

Lexicon Tax can guide you through reporting online earnings correctly and help you understand your tax obligations.

📞 Call: 01144 000192
✉️ Email: [email protected]

🌐 Visit: https://lexicontax.com

🚀 Starting a New Business?

Launching a business is exciting—but getting your finances right from the start is crucial. Lexicon Tax can help with tax registration, bookkeeping, and planning for growth so you start on the right foot.

📞 Call: 01144 000192
✉️ Email: [email protected]

🌐 Visit: https://lexicontax.com

💻 What Does the Making Tax Digital (MTD) Change Mean?

MTD is transforming how businesses report VAT and tax to HMRC. It means digital record-keeping, submitting returns online, and staying compliant with new HMRC rules.

Lexicon Tax can help you navigate MTD, set up your software, and ensure your business stays fully compliant.

📞 Call: 01144 000192
✉️ Email: [email protected]

🌐 Visit: https://lexicontax.com

🚨 More than 4,800 Self Assessment scams have been reported to HMRC since February 2025!

Scammers are targeting taxpayers with fake emails, texts and calls — often offering refunds or threatening action to steal your personal information. HMRC will never ask for bank details or sensitive info by email or text, so stay vigilant.

📞 Call: 01144 000192
✉️ Email: [email protected]

🌐 Visit: https://lexicontax.com

⚠️ Common Mistakes on Self Assessment Tax Returns

Filing your tax return incorrectly can cost you time, money, and stress. Common errors include missing income, claiming wrong expenses, and late submissions.

Lexicon Tax can review your return, help you avoid mistakes, and ensure you stay compliant.

📞 Call: 01144 000192
✉️ Email: [email protected]

🌐 Visit: https://lexicontax.com

💼 Bookkeeping for Dummies: Dos and Don’ts

Dos: Keep receipts, track expenses, reconcile accounts regularly, and use accounting software.
Don’ts: Don’t mix personal & business finances, ignore overdue invoices, or leave records until the last minute.

📞 Call: 01144 000192
✉️ Email: [email protected]

🌐 Visit: https://lexicontax.com

🏠 Landlords: Are You Ready for Self Assessment?

Rental income must be reported accurately to HMRC. Lexicon Tax can help you complete your Self Assessment, claim allowable expenses, and ensure you pay the right amount of tax—no more, no less.

📞 Call: 01144 000192
✉️ Email: [email protected]

🌐 Visit: https://lexicontax.com

⚠️ Operating without a business licence could lead to serious consequences!

Fines, legal action, and even closure of your business are possible if you don’t have the proper licence. Lexicon Tax can help you stay compliant and avoid costly mistakes.

📞 Call: 01144 000192
✉️ Email: [email protected]

🌐 Visit: https://lexicontax.com