FirstBase Accountants

Your weekly news from First Base Accountants 💡
Ofgem has announced a 4% increase in the energy price cap for 1 October to 31 December 2026, driven by higher wholesale gas prices due to the ongoing Middle East conflict. This rise affects around 22 million households on default tariffs but not businesses directly. However, increasing wholesale energy costs may indirectly raise commercial contract prices. Notably, the government has removed VAT from domestic electricity bills. How do you think this will affect households and businesses? Leave a comment below! 💬

Are you sure you're feeling anxious about Making Tax Digital? 📅 If you're a sole trader or landlord with over £50,000 annual income, you've needed to use compatible software since 6 April 2026! HMRC is signing up eligible individuals from September, so don't wait—get organised now to avoid surprises! At First Base Accountants, we’re here to help you prepare. Let us assist you today!
👉🏻 Find out more about what we can do for you: https://firstbaseaccountants.co.uk/.

🦷 Are you feeling overwhelmed trying to manage your dental practice’s finances while ensuring top-notch patient care? With fluctuating costs and health regulations, it can be a real challenge! At First Base Accountants, we take the hassle out of your financial management, allowing you to focus on what you love—creating beautiful smiles. Let us handle the numbers!
👉🏻 Visit https://firstbaseaccountants.co.uk/ for more information.

Your weekly news from First Base Accountants 💡
The latest UK labour market figures indicate signs of strain, with job vacancies falling to 707,000, the lowest since late 2014. Smaller firms are hesitant to recruit due to rising costs. The unemployment rate remained steady at 4.9%. Regular pay growth was 3.5%, but real earnings saw only a 0.5% increase when adjusted for inflation. Payrolled employee numbers also declined by 78,000 year-on-year. The overall picture reflects a subdued labour market. 🤔 What are your thoughts on these trends? Leave a comment below!

Do you feel overwhelmed by Making Tax Digital? 📊 If you're a sole trader or landlord, you already need compatible software, a requirement since 6 April 2026! Choose wisely to manage your income and expenses, send quarterly updates, and submit your tax return. Use HMRC's software finder for tailored options! At First Base Accountants, we're here to help you make the right choices. Let us assist you today!
👉🏻 Find out more about what we can do for you: https://firstbaseaccountants.co.uk/.

Is payroll giving you sleepless nights? The stress of calculating wages, tax deductions, and ensuring compliance can feel overwhelming! At First Base Accountants, we specialise in making payroll simple and hassle-free. Our expert team ensures your employees are paid accurately and on time, leaving you free to focus on your business. Let us take the payroll worry off your plate! 💼
👉🏻 Visit https://firstbaseaccountants.co.uk/ for more information.

Your weekly news from First Base Accountants 💡
Many businesses set ambitious sales targets, but increased sales don't always mean more profits. A structured 12-month profit improvement plan helps identify financial performance drivers and where changes can maximise returns. By analysing current sales, gross profit, and customer profitability, businesses can model scenarios to understand potential profit impacts. The plan guides actions such as enhancing customer relationships or refining offerings. Regular reviews ensure the plan stays relevant. How does your business prioritise profit improvement? Share your thoughts below! 💡

Are you sure you're feeling stressed about Capital Gains Tax? 🏠 If you sell property that's not your home, you may owe tax on the profit! Remember, you don't usually pay on gifts to your spouse, civil partner or a charity (an unmarried partner doesn't qualify for this exemption). Report and pay any CGT on UK property sales within 60 days—staying organised will help you avoid penalties! At Firstbase Accountants, we're here to help you manage it all. Let us assist you today!

👉🏻 Find out more about what we can do for you: https://firstbaseaccountants.co.uk/.

Feeling buried under a mountain of paperwork and invoices? Keeping your books in order can be a real drain on your time and energy! At First Base Accountants, we take the stress out of bookkeeping by providing simple, organised solutions that keep your finances in check. You can focus on what you love, while we handle the details. Let us make bookkeeping a breeze for you! 📊
👉🏻 Visit https://firstbaseaccountants.co.uk/ for more information.

🛠️ Are you finding it hard to balance the day-to-day tasks of running your owner-managed business while keeping your finances in order? It can feel like a juggling act with everything on your plate! At First Base Accountants, we simplify financial management so you can focus on what you do best—growing your business. Let us lighten your load!
👉🏻 Visit https://firstbaseaccountants.co.uk/ for more information.