HJS Accountants Limited

📅 September is here – are you up to date with your HMRC deadlines?

Staying on top of key tax dates can help you avoid unnecessary stress, interest and penalties.

This month’s important deadlines include:
✅ PAYE, NIC and CIS payment deadlines
✅ Corporation Tax return deadline

Take a look at our September key dates graphic to see what’s coming up and make sure you don’t miss an important deadline.

If you’re unsure which dates apply to you or need support with your tax and accounting obligations, our team is here to help.

📞 Get in touch today on 0808 1644 222 or send us an email on [email protected]

31st August - Corporation Tax Return Deadline

📑 Corporation Tax Return deadline approaching!

If your company's accounting period ended on 31 August 2025, your Corporation Tax Return must be filed with HMRC by 31 August 2026.

Filing on time helps you avoid unnecessary penalties and gives you peace of mind.

If you haven't started preparing your return, now is the time to act. Speak to our team and let us help you stay on track.

📊 The UK's tax gap has grown to £59.2 billion. What does this mean for businesses?

HMRC's latest figures show that the difference between the tax expected to be paid and the amount actually collected has increased to 6.4% for the 2024–25 tax year.

One of the biggest contributors? Small businesses, which accounted for 62% of the tax gap, with unpaid Corporation Tax making up a significant proportion.

The report also highlights that the tax gap is often caused by:
✔️ Errors
✔️ Failure to take reasonable care
✔️ Tax evasion

While most businesses want to get their tax right, these figures demonstrate the importance of keeping accurate records, understanding your obligations and seeking professional advice when needed.

Getting your tax affairs in order not only helps you stay compliant but can also provide peace of mind and reduce the risk of costly mistakes.

If you'd like support with your tax calculations, bookkeeping or Corporation Tax returns, our team is here to help.

🚨 HMRC is increasing its focus on tackling tax evasion.

New figures reveal that HMRC paid out £1.4 million to whistleblowers in the 2025–26 tax year, following a record 170,992 reports of suspected tax fraud and evasion.

Under the strengthened reward scheme, eligible informants could receive 15% to 30% of the additional tax recovered in cases where HMRC collects more than £1.5 million.

The figures also highlight that small businesses account for the largest share of the UK's tax gap, reinforcing the importance of maintaining accurate records and staying compliant with your tax obligations.

If you're unsure whether your business is meeting its tax responsibilities or need advice on staying compliant, don't leave it to chance.

💬 Get in touch with our team today over at https://www.hjsaccountants.co.uk/ we're here to help.

22nd August - PAYE, NIC & CIS Electronic Payment Deadline

💻 Don't forget!

The deadline for electronic PAYE, National Insurance and CIS payments is 22 August.

Remember, your payment must clear HMRC's account by the deadline, so it's worth making the payment in advance to avoid any unnecessary charges.

If you need support with payroll or HMRC payments, we're here to help.

19th August - PAYE, NIC & CIS Postal Payment Deadline

📮 Reminder: The deadline for PAYE, National Insurance and CIS payments made by post is 19 August.

If you make your payments by post, ensure they reach HMRC by the deadline to avoid interest or penalties.

Not sure of your payment options? Our team is happy to help.

📈 Could a business plan be the key to your next stage of growth?

Many business owners think a business plan is only needed when applying for finance - but it's much more than that.

A well-written business plan can help you:
✅ Set clear business goals.
✅ Understand your target market.
✅ Identify your competitive advantage.
✅ Forecast your finances with confidence.
✅ Make informed decisions as your business grows.

You don't need to start with a lengthy document. Even a simple one-page plan outlining your business model, ideal customers and financial goals can provide valuable direction.

Whether you're launching a new venture or looking to take your business to the next level, having a clear plan can make all the difference.

💼 Looking for support? Ask us about our business planning workshops and practical tools to help your business grow with confidence.

📄 Understanding Non-Disclosure Agreements (NDAs)

Non-Disclosure Agreements (NDAs) are designed to protect a business's legitimate confidential information and can form part of an employment contract.

However, it's important for employers to understand their limits.

⚖️ According to ACAS, an NDA cannot be used to prevent employees from reporting workplace harassment, discrimination or certain criminal activity. Any agreement attempting to do so is legally unenforceable.

As employment law continues to evolve, businesses should ensure their contracts and workplace policies remain compliant and reflect current best practice.

The ACAS guidelines can be found at http://www.acas.org.uk/non-disclosure-agreements

7th August - Making Tax Digital Quarterly Update

⏰ Reminder: Your first Making Tax Digital (MTD) quarterly update is due by 7 August.

If you're a self-employed individual or landlord within the MTD for Income Tax regime, this is your first quarterly submission to HMRC.

✔️ Ensure your digital records are accurate and up to date.
✔️ Don't leave your submission until the last minute.

If we prepare your bookkeeping or MTD submissions, please send us your records as soon as possible to allow plenty of time before the deadline.

Need advice? Get in touch with our team today - https://www.hjsaccountants.co.uk/

⏰ The first Making Tax Digital deadline is almost here!

If you're a self-employed individual or landlord with qualifying income over £50,000, you may now be required to comply with Making Tax Digital (MTD) for Income Tax.

📅 Your first quarterly update is due by 7 August 2026.

Under MTD, you'll need to:
💻 Keep digital financial records.
📊 Submit quarterly updates to HMRC using compatible software.

If we look after your bookkeeping or prepare your submissions, please send us your records as soon as possible. Providing everything in good time helps us submit your update accurately and avoid any last-minute issues.

❓Not sure if MTD applies to you or what information you need to provide?

Get in touch with our team - https://www.hjsaccountants.co.uk/