Phelan Cloud Accounting

Phelan Cloud Accounting We have a passion for cloud accounting and offer clients a tailored service to suit their needs.

πŸ“’ Did you know we have a monthly newsletter?Here’s what we’re covering this month:β€’ πŸ’· Chancellor raises Β£26 billion in t...
16/12/2025

πŸ“’ Did you know we have a monthly newsletter?

Here’s what we’re covering this month:

β€’ πŸ’· Chancellor raises Β£26 billion in the Autumn Budget
β€’ πŸŽ„ Christmas crafters urged to check tax rules
β€’ πŸ›οΈ CIOT calls for implementation of IHT transitional gifting rule
β€’ πŸ“Š Self-employed overcounted for decades in official data
β€’ 🏦 Bank deposit protection limit to rise to Β£120,000
β€’ 🌱 UK risks falling behind in net zero race, warns BCC
β€’ πŸ€– AI expected to shrink headcount as hiring confidence hits record low
β€’ πŸš— Latest advisory fuel rates for company cars

πŸ‘‰ Read the full update here:
https://www.phelancloudaccounting.co.uk/news/latest-news-for-business

πŸ“¬ Subscribe to our monthly newsletter:
https://www.phelancloudaccounting.co.uk/registration/register

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

πŸ“’ Autumn Budget 2025 – Key TakeawaysDelivered by Chancellor Rachel Reeves on 26 November 2025, this budget outlines tax-...
27/11/2025

πŸ“’ Autumn Budget 2025 – Key Takeaways

Delivered by Chancellor Rachel Reeves on 26 November 2025, this budget outlines tax-raising measures worth up to Β£26 billion πŸ’· aimed at funding cost-of-living support and economic stability.

πŸ’Ό Tax Increases Announced

These tax changes will be achieved through a mix of new measures, including:

β€’ πŸ“Œ Freezing Income Tax thresholds for a further three years ❄️
β€’ 🏠 Higher taxes on property, dividend & savings income
β€’ 🧾 Employee & employer NICs applied to salary sacrifice pension contributions above Β£2,000 a year (over a Β£2,000 limit for salary sacrifice schemes, pensions threshold of Β£2,000+)
β€’ πŸ’Ό NICs on salary sacrifice pension contributions above Β£2,000 per year for employees & employers
β€’ 🏑 New tax on homes valued at Β£2 million+ 🏰

πŸš‚ That is my choice – Spending & Support

On the spending side, Reeves focused on affordability and support for families:

β€’ ⚑ Action to reduce energy bills
β€’ πŸš† Rail fares frozen
β€’ πŸ‘Ά End of the two-child benefit cap

Reeves said:

β€œFor every family we are keeping our promise to get energy bills down… Β£150 taken off the average household energy bill from April. Money off bills, and in the pockets of working people. That is my choice.”

πŸ‘‰ Want the full breakdown? We've summarised it for you:
πŸ”— https://www.phelancloudaccounting.co.uk/news/latest-news-for-business

πŸ“¬ Subscribe to our monthly newsletter to stay ahead:
πŸ”— https://www.phelancloudaccounting.co.uk/registration/register

βœ…πŸ’‘πŸ“©

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πŸ“’ Did you know we have a monthly newsletter?This month’s edition covers key business and tax updates, including:β€’ πŸ’° Chan...
20/10/2025

πŸ“’ Did you know we have a monthly newsletter?

This month’s edition covers key business and tax updates, including:

β€’ πŸ’° Chancellor urged to cut National Insurance but hike Income Tax in Autumn Budget
β€’ 🏒 Budget Board must focus on easing the cost of doing business, says IoD
β€’ 🧾 Chancellor to explore reforms to business rates on second premises
β€’ πŸ’Ό Covid repayment window opens
β€’ βš–οΈ Companies face prosecution risk as new fraud law comes into force
β€’ 🚫 Lowering VAT threshold would be manifesto breach, warns IPSE
β€’ πŸ€– AI to boost trade by nearly 40% by 2040 if gaps are bridged, says WTO
β€’ 🏑 Failed housing transactions cost Β£1.5 billion a year

πŸ‘‰ Read the full update here:
https://www.phelancloudaccounting.co.uk/news/latest-news-for-business

πŸ“¬ Subscribe to our monthly newsletter:
https://www.phelancloudaccounting.co.uk/registration/register

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

πŸ“’ Did you know we publish a monthly newsletter?Here’s a snapshot of what’s inside this month’s edition:β€’ πŸ“… Autumn Budget...
12/09/2025

πŸ“’ Did you know we publish a monthly newsletter?

Here’s a snapshot of what’s inside this month’s edition:

β€’ πŸ“… Autumn Budget confirmed for 26 November
β€’ 🧾 Over 850,000 self-employed to be pulled into first phase of Making Tax Digital
β€’ 🏑 Homebuyers warned over bogus SDLT claims
β€’ πŸ’Ό Crackdown on late payments launched to back small businesses
β€’ 🌍 SME exporters hit by new US customs charges
β€’ ⚑ HMRC splits advisory fuel rates for electric cars
β€’ πŸš— Latest advisory fuel rates for company cars
β€’ πŸ‘©β€πŸ’Ό The latest guidance for employers

πŸ‘‰ Read the full update here: https://www.phelancloudaccounting.co.uk/news/latest-news-for-business

πŸ“¬ Subscribe to our monthly newsletter: https://www.phelancloudaccounting.co.uk/registration/register

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

πŸ“¬ Have you seen this month’s newsletter from Phelan Cloud Accounting?We round up the latest developments in tax, busines...
07/08/2025

πŸ“¬ Have you seen this month’s newsletter from Phelan Cloud Accounting?

We round up the latest developments in tax, business, and economic news – perfect for business owners, landlords, sole traders, and anyone trying to stay informed without getting overwhelmed.

Here’s what we’re covering this month:

πŸ”Ή HMRC launches new online PAYE service – A step towards digital simplicity for employers.
πŸ”Ή Time to prepare for Making Tax Digital for Income Tax – Are you ready for the changes coming your way?
πŸ”Ή Side hustle warning – HMRC is keeping a close eye on additional income streams.
πŸ”Ή Crypto crackdown – Non-disclosure fines of Β£300 now in place.
πŸ”Ή Criminal tax offence plans raise concern – CIOT warns the government may be going too far.
πŸ”Ή Winter Fuel Payment scams – Stay alert to fraud this season.
πŸ”Ή Inheritance tax on pensions – One of the most unpopular proposed tax hikes under Labour.
πŸ”Ή Harsh personal guarantees could harm business growth, says the FSB.

πŸ’» Read the full update on our website: https://www.phelancloudaccounting.co.uk/news/latest-news-for-business
πŸ“© Want to get these insights sent straight to your inbox? Subscribe here:
https://www.phelancloudaccounting.co.uk/registration/register

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

πŸ”” Keeping up to date with the latest business and tax news isn’t always easy – but it’s essential.That’s why we share a ...
10/07/2025

πŸ”” Keeping up to date with the latest business and tax news isn’t always easy – but it’s essential.

That’s why we share a monthly newsletter at Phelan Cloud Accounting to keep our clients and community informed. Here’s what’s inside this month’s edition:

πŸ“Œ This month we cover:
β€’ πŸ›‘οΈ HMRC system attack is a timely reminder to keep personal data safe – cyber security remains critical for all of us.
β€’ πŸ“Š Government should take more strategic approach to tax policy, says CIOT – long-term tax stability is key for planning.
β€’ ⚠️ HMRC names and shames over 500 employers for failing to pay National Living Wage – a reminder to keep payroll compliant.
β€’ 🏦 Government introduces Pension Schemes Bill – changes ahead for workplace pensions.
β€’ πŸ’° Tax gap estimated at 5.3% – highlighting ongoing collection and compliance challenges.
β€’ 🏭 UK government launches Industrial Strategy – aiming to boost economic growth and innovation.
β€’ 🌍 FCA in international crackdown on unlawful finfluencers – protecting consumers from misleading financial promotions.

πŸ’¬ If you run a business, manage payroll, or are self-employed, it’s worth a read to keep yourself ahead of regulatory and financial changes.

πŸ‘‰ Read the full newsletter here:
https://www.phelancloudaccounting.co.uk/news/latest-news-for-business
πŸ“¬ Or subscribe to get it directly to your inbox each month:
https://www.phelancloudaccounting.co.uk/registration/register

πŸ”‘ Knowledge is power in business – let us help keep you informed.

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

⚠️ Staying up to date with changes in tax, finance, and business regulation can be tough β€” but that’s exactly why we put...
13/06/2025

⚠️ Staying up to date with changes in tax, finance, and business regulation can be tough β€” but that’s exactly why we put together our monthly newsletter at Phelan Cloud Accounting.

This month’s edition is packed with important updates that matter whether you’re self-employed, running a business, or just trying to stay informed:

πŸ“Œ This month we cover:

β€’ 🧾 HMRC launches new online help for compliance checks
β€’ πŸ—“οΈ Record numbers file assessment in first week of new tax year
β€’ πŸ’» Tax and accounting bodies back e-invoicing adoption
β€’ ⏬ HMRC cuts late payment interest rate
β€’ ⚠️ Almost half of sole traders unprepared for MTD changes
β€’ πŸͺ™ New cryptoasset rules aim to protect consumers
β€’ πŸ“‰ One in four employers plan to make redundancies in next quarter
β€’ β›½ Advisory fuel rates for company cars

πŸ“© You can check out the full newsletter here:

πŸ‘‰ https://www.phelancloudaccounting.co.uk/news/latest-news-for-business

πŸ“¬ Or sign up to receive it directly in your inbox each month:

πŸ‘‰ https://www.phelancloudaccounting.co.uk/registration/register

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

πŸ“£ Did you know we have a monthly newsletter? πŸ—žοΈ This month includes the following topics:β€’ ⚠️ Sole traders and landlords...
14/05/2025

πŸ“£ Did you know we have a monthly newsletter? πŸ—žοΈ This month includes the following topics:

β€’ ⚠️ Sole traders and landlords get Making Tax Digital warning
β€’ 🧐 Loan charge review calls for evidence
β€’ πŸ†” Companies House begins to verify identities
β€’ πŸ‡¬πŸ‡§ Chancellor unveils plans to maintain level playing field for British business
β€’ πŸ’Έ Tax red tape costs small businesses nearly Β£25 billion a year
β€’ 🍻 Government calls time on red tape for pubs, clubs, and restaurants
β€’ 🌍 Government taking right approach to tariff negotiations
β€’ πŸ“‘ Latest guidance for employers

πŸ” Visit our website to find out more:

πŸ‘‰ https://www.phelancloudaccounting.co.uk/news/latest-news-for-business

πŸ“¬ Click here to subscribe to our monthly newsletter:

πŸ‘‰ https://www.phelancloudaccounting.co.uk/registration/register

πŸ’ΌπŸ“Š

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

πŸ“£ **Did you know we have a monthly newsletter?** πŸ“°βœ¨ This month includes the following topics:β€’ πŸ’· **Minimum wage rose on ...
10/04/2025

πŸ“£ **Did you know we have a monthly newsletter?** πŸ“°βœ¨ This month includes the following topics:

β€’ πŸ’· **Minimum wage rose on 1 April**
β€’ 🚫 **No further tax increases in Spring Statement**
β€’ πŸ‘‘ **Finance Act 2025 receives Royal Assent**
β€’ πŸ’Ό **Side hustle trading threshold raised to Β£3,000 per year**
β€’ πŸ“Š **Financial benefit of MTD could be as high as Β£915 million**
β€’ βœ‚οΈ **Chancellor unveils plan to cut red tape**
β€’ πŸ“‰ **Employment reforms continue to stifle business hiring intentions**

πŸ“ Visit our website to find out more πŸ‘‰ https://www.phelancloudaccounting.co.uk/news/latest-news-for-business

πŸ“¬ Click here to **subscribe to our monthly newsletter** πŸ‘‰ https://www.phelancloudaccounting.co.uk/registration/register

πŸ’ΌπŸ“¬πŸ“ˆ

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

πŸ“’ Did you know we have a monthly newsletter? πŸ“°βœ¨ Stay informed with the latest business and tax updates:β€’ πŸ“‘ Government co...
20/03/2025

πŸ“’ Did you know we have a monthly newsletter? πŸ“°βœ¨ Stay informed with the latest business and tax updates:

β€’ πŸ“‘ Government consults on mandatory e-invoicing
β€’ ❌ Proposed HMRC powers to collect data on hours worked scrapped
β€’ πŸ’° Business tax compliance costs Β£15 billion a year
β€’ 🍷 Tailored tax reliefs boost the alcohol sector
β€’ ⚠️ Businesses warn of National Insurance 'powder keg'
β€’ πŸ“‰ HMRC cuts late and repayment interest rates
β€’ πŸ‘©β€πŸ’Ό Latest guidance for employers
β€’ πŸš— Advisory fuel rates for company cars

πŸ“ Stay ahead of key financial updates! Read more here: https://www.phelancloudaccounting.co.uk/news/latest-news-for-business

πŸ“¬ Subscribe to our newsletter today and never miss a crucial update! https://www.phelancloudaccounting.co.uk/registration/register

πŸ’ΌπŸ“ŠπŸ”

Why not register to receive our Monthly Newswire? Simply complete the form below and we will email you a link to complete your subscription. Registration will allow you to:

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