RS Partnership

RS Partnership R S Partnership is an experienced chartered accountancy practice, based in Welwyn, Hertfordshire.

We understand at first hand the pressures and challenges facing today's businesses. As well as helping you to deal with traditional tax and compliance issues, we can also assist with the day to day operations of your business - leaving you with more time to concentrate on developing the business and building your wealth. We can also offer proactive advice on growing your business, and improving profitability, and can help to put in place strategies to ensure that you are maximising your personal wealth.

It’s very easy to get caught up in the day-to-day.There are customers to deal with, staff to manage, suppliers to pay an...
05/10/2026

It’s very easy to get caught up in the day-to-day.

There are customers to deal with, staff to manage, suppliers to pay and a hundred other things competing for your attention.

But every so often, it’s worth stepping back and asking: Where are we actually going? Your plans might need to take into account changes in your market, your customers, staffing, suppliers, location or even your plans for eventually stepping away from the business. And things change. A strategy that made sense two years ago might not make sense today.

We can help you look at the bigger picture, put a plan together and then review it as your business develops.

Contact us here: https://rsaccountant.co.uk/contact-us/

Proposed changes to Capital Gains Tax holdover relief could be relevant to some business owners considering:• Succession...
17/09/2026

Proposed changes to Capital Gains Tax holdover relief could be relevant to some business owners considering:

• Succession planning
• Family ownership arrangements
• Transfers of shares
• Business restructures

The Government has proposed changes to the calculation of holdover relief for certain share transfers.

The measure isn't yet law, so the timing of a transaction could potentially matter.

If you're considering transferring shares or restructuring your business, don't make decisions based solely on the headlines. Get advice on your specific circumstances before proceeding.

https://rsaccountant.co.uk/contact-us/

The direction of travel is clear: tax is becoming increasingly digital.Recent HMRC proposals and consultations point tow...
15/09/2026

The direction of travel is clear: tax is becoming increasingly digital.

Recent HMRC proposals and consultations point towards:

📌 Greater use of digital systems
📌 More real-time tax reporting and payment
📌 Increased use of data for compliance
📌 Greater focus on accurate digital records

For businesses, this means keeping your bookkeeping and accounting systems up to date is becoming increasingly important.

You don't necessarily need to make major changes today, but making sure your systems are ready for what's coming could save you time and stress later.

https://rsaccountant.co.uk/contact-us/

Could the way you pay your tax change in the future?HMRC is exploring reforms that could mean some Self Assessment taxpa...
11/09/2026

Could the way you pay your tax change in the future?

HMRC is exploring reforms that could mean some Self Assessment taxpayers pay more of their forecast tax liability throughout the year rather than relying on large payments in January and July.

For some taxpayers, spreading payments could make budgeting easier.

For others, paying tax earlier could create additional cash-flow pressure.

The proposals are still being considered, but they highlight an important point:

Tax planning isn't just about how much tax you pay; it's also about when you need to pay it.

If you're self-employed or have income alongside PAYE, it's worth keeping an eye on developments.

E-invoicing could become a much bigger part of how UK businesses invoice customers.The Government is working towards a m...
09/09/2026

E-invoicing could become a much bigger part of how UK businesses invoice customers.

The Government is working towards a mandatory e-invoicing regime from 2029, with the Peppol framework set to form the core network.

And e-invoicing isn't simply emailing a PDF.

It involves invoices being created in a standard digital format and exchanged directly between accounting systems, helping reduce manual data entry, improve accuracy and potentially speed up payments.

There's no need to panic, but September could be a good time to review your current invoicing and bookkeeping systems.

Businesses already using modern cloud accounting software may find the eventual transition easier.

Selling online? Freelancing? Creating content? Providing services on the side?Your side hustle could have tax implicatio...
04/09/2026

Selling online? Freelancing? Creating content? Providing services on the side?

Your side hustle could have tax implications.

HMRC's £1,000 trading allowance remains an important threshold. If your total income from trading activities exceeds £1,000 during the tax year, you may need to register for Self Assessment and declare your income.

It's also worth remembering that selling unwanted personal possessions isn't generally the same as running a business.

The important thing is to understand what you're actually doing and keep proper records from the start.

If your side hustle is becoming more than just a hobby, it may be time to review your tax position.

Tax headlines can be hard to keep up with, but not everything you read is law. With a number of potential tax reforms cu...
02/09/2026

Tax headlines can be hard to keep up with, but not everything you read is law. With a number of potential tax reforms currently being discussed, it's important for business owners, landlords and investors to distinguish between:

✔ Confirmed changes
✔ Proposed changes
✔ Consultation-stage measures
✔ Pure speculation

If you're considering a property sale, business disposal or succession planning, now could be a good time to review your plans rather than making rushed decisions based on headlines.

Good tax planning starts with understanding what is actually changing, and what isn't.

If you're unsure how potential changes could affect your plans, we're happy to help.

Tax rules are constantly evolving, from Making Tax Digital and payroll reporting to VAT and employee expenses.The busine...
27/08/2026

Tax rules are constantly evolving, from Making Tax Digital and payroll reporting to VAT and employee expenses.

The businesses that stay ahead don't wait until there's a problem. They review their processes regularly, keep accurate records and seek advice when rules change.

Being proactive today can save time, money and unnecessary stress tomorrow.

If you'd like expert support with your business finances, contact us here: https://rsaccountant.co.uk/contact-us/

Mileage claims aren't just about fuel, they're about staying tax compliant too.HMRC publishes advisory fuel rates to hel...
25/08/2026

Mileage claims aren't just about fuel, they're about staying tax compliant too.

HMRC publishes advisory fuel rates to help employers reimburse employees using company cars for business travel.

Using the correct rates can:

✔ Avoid unnecessary tax charges.
✔ Keep reimbursements fair.
✔ Help businesses stay compliant.

It's worth reviewing your mileage policies regularly to make sure they're still up to date.

Need help with employee expenses or payroll? Contact us here: https://rsaccountant.co.uk/contact-us/

AI tools like GOV.UK Chat are making it easier to find official tax information.They're great for:1. Understanding basic...
18/08/2026

AI tools like GOV.UK Chat are making it easier to find official tax information.

They're great for:
1. Understanding basic tax rules.
2. Finding HMRC guidance.
3. Learning about common tax topics.

However, AI can't understand every business situation and shouldn't replace professional advice for complex tax matters.

Think of AI as a useful starting point, not the final answer.

📞 Need advice tailored to your business? Contact us today: https://rsaccountant.co.uk/contact-us/

Address

10 Prospect Place
Welwyn
AL69EW

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

Telephone

01438 718118

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