AIMS Accountants for Business - Nirdeep De Mello

Another quarter end!

As the school holidays wind down, it's a natural moment for business owners to start thinking ahead too.

The final months of the year often bring a shift in pace, whether that's increased demand, new priorities, or simply the chance to reset after summer. Taking stock now, of budgets, goals and any changes on the horizon, can make the run-up to year-end far less stressful.

At AIMS Accountants, we help business owners do more than file their taxes on time. We work alongside you to plan ahead, so the final months of the year are covered by a clear strategy.

Learnt alot!

Yummy breakfast, while marketing! Win win

TRADES - THIS ONE’S FOR YOU! 🔨
SAVE MORE. CONNECT MORE. GROW MORE.
Join us for our BNI Visitor Stack Day, created with local trades in mind.
☕ FREE BREAKFAST: Sponsored by Pasture Perfect
🎤 Guest Speaker: Nicky Dickenson, Pasture Perfect
🤝 Meet local business owners
💼 Build trusted connections & grow your business.

Not in the trades? No problem - everyone is welcome!
Come along, have breakfast on us and see what BNI could do for your business.

⏰ Tuesday, 25th August, at 9am,
📍 The Ivy Bush Royal Hotel, 11 Spilman Street,
Carmarthen, SA31 1LG.

📩 To reserve your place, message us directly or register via the link below.

https://bnisouthwales.com/en-GB/visitorregistration?chapterId=39818

Schools out, holiday time!

School's out, and for many businesses, so is a chunk of the team.

Summer holidays often mean juggling staff leave requests, covering gaps, and keeping things running smoothly with fewer hands on deck. A bit of planning now can save a lot of stress later.

☀️ Map out who's off and when, well ahead of time
☀️ Identify any gaps in cover before they become a problem
☀️ Consider temporary or flexible support for busy periods
☀️Keep communication open with your team about availability

How's your business managing the summer staffing squeeze?

Edinburgh Festival

The Edinburgh Festival Fringe is a cultural highlight for the city, and a major opportunity for local businesses too.

From hospitality and retail to accommodation and transport, thousands of extra visitors can mean a real boost in trade throughout August. If your business is benefiting, now's a good time to make sure your finances are keeping pace.

✅ Track additional income and expenses separately from your usual trading
✅ Review staffing levels against demand
✅ Keep on top of cash flow during the busy period
✅ Make the most of any tax-deductible costs linked to the extra trade

Is your business feeling the Fringe effect this year?

Have you submitted your MTD, 7th August is the 1st due date!

Making Tax Digital: is your first quarterly update due tomorrow?

If you're one of the sole traders or landlords now required to report under Making Tax Digital for Income Tax, your first quarterly update for 2026/27 is due 7th August.

✅ Check whether you're required to submit under MTD this year
✅ Make sure your income and expenses are recorded digitally
✅ Submit your quarterly update through the right software
✅ Keep records ready in case HMRC has questions

⚠️ Missing a quarterly update might result in penalties, and errors are harder to fix retrospectively once submitted.

Not sure if MTD applies to you yet, or need help getting set up? Contact an AIMS accountant today.

Interim review time!

We're halfway through the year – a great time to step back and review how your business is performing against its goals.

Here are 5 key numbers every business owner should be monitoring:

✅ Revenue – Are sales on track?
✅ Profit – How much are you actually keeping?
✅ Cash Flow – Is enough cash coming in to cover costs?
✅ Debtors – Are customers paying you on time?
✅ Tax Liabilities – Are you prepared for upcoming tax bills?

Regularly reviewing these figures can help you spot opportunities, identify potential issues early, and make better business decisions for the rest of the year.

How is your business performing so far in 2026?