TaxAssist Accountants

04/11/2026

Using Making Tax Digital for Income Tax? Your second quarterly update is due by 7 November.

The update is a summary of your income and expenses sent through compatible software. It is not a tax return, and you still need to send it even if you had no income or expenses in the period.

Our latest newsletter explains what is required:

https://985ou.r.sp1-brevo.net/mk/mr/sh/OycXxko2a8zXNWXmmKB5KBmP/jV8N7v6lS6aw

03/11/2026

Under six months to go! Are you ready for Making Tax Digital?

From 6th April 2027, MTD for Income Tax will apply to sole traders and landlords if your gross income from self-employment and property exceeded £30,000 in the 2025/26 tax year.

You’ll need to keep digital records and use compatible software to send quarterly updates to HMRC.

Get ahead now and make the transition easier.

Visit our MTD knowledge hub to find out more about the changes and how we can help:
https://www.taxassist.co.uk/resources/knowledge-hubs/making-tax-digital

02/11/2026

The October Budget last week was always going to generate plenty of headlines. The useful bit is understanding what any changes mean for you and your business.

If the Budget has left you with questions, your TaxAssist adviser can help you work through the detail and what, if anything, you need to do next.

Read our Budget Special newsletter:

https://985ou.r.sp1-brevo.net/mk/mr/sh/OycXxko2a8zXNWXmmKB5KBmP/hcsQm2Jq--Lz

31/10/2026

January has a habit of arriving rather quickly.

If your Self Assessment is still on the to-do list, starting early is much nicer than tackling it the week before the deadline. One thing worth checking properly is your business expenses, because guessing can mean claiming too much or missing things you were entitled to.

Our latest newsletter explains the basics in plain English.

Read more:

https://985ou.r.sp1-brevo.net/mk/mr/sh/6rqJ8GoudeITQLbCUnmlqf8VWib/Vd2FZ4f2Eu_H

30/10/2026

Want the useful bits before they appear in your feed?

Our monthly newsletter brings together practical tax answers, useful business updates and a little bit of what’s happening locally. In the latest edition, we’re looking at sole trader expenses, the new £150 million energy training centre at Thainstone, CIS refunds and Self Assessment questions.

It’s free, it’s written for normal humans, and it lands straight in your inbox.

Sign up here:

https://c481df8e.sibforms.com/serve/MUIFAFcKSS_6xOPtoxgraDJgLrBrrLkT39i2rBrjqbJwdmLQPwi4t4hD5vKHlbw8fkMdOdysqnCP4y8NNtgWZvQ_7VK2fP3-rC7KmDxaHWSUwY1qNmI5vkjXy1RXFyY8G9q8oVmARWF5tfooPfFjFe4BjGcKJc4WyGuy6CgONUJ9Ab_IA0wdkcYPAln2xmx31tT9fqsp5P5lcTQY

29/10/2026

Budget 2026: what does it mean for your business?

Here’s a recap of the key announcements that small business owners need to know!

- Trading allowance rises from £1,000 to £3,000
- New founders’ relief: 10% Capital Gains Tax rate on up to £10m of lifetime gains
- Young entrepreneurs allowance to help cover living costs when starting up
- British Business Bank doubles funding for female-led businesses to £200m
- Small Business Rates Relief threshold for retail, leisure and hospitality rises from £12,000 to £18,000 from April 2027
- Business Asset Disposal Relief (BADR) lifetime limit cut from £1m to £500,000
- Online marketplaces to be responsible for VAT on significant online sales
- National Living Wage rises to £13.21 an hour
- 5p fuel duty cut extended to July 2027

Unsure what these announcements mean for you?

We can help you understand which changes affect your business and plan your next steps.

Contact our team today to discuss what Budget 2026 means for you and your business.

29/10/2026

That annual professional subscription might be doing more than keeping your membership active.

If you pay the fee yourself and it meets HMRC’s rules, you may be able to claim tax relief on it. The same can apply to certain professional subscriptions.

Worth checking rather than assuming.

Find out more:

https://www.taxassist.co.uk/accountants/aberdeen/resources/questions-and-answers/are-professional-fees-and-subscriptions-allowable-for-tax

TaxAssist Accountants | We can do more for you

28/10/2026

Chancellor John Healey delivered his Autumn Budget 2026 to Parliament today. What could the changes mean for you and your business?

Read our full Budget summary now: https://www.taxassist.co.uk/resources/articles/autumn-budget-2026-summary-and-highlights

28/10/2026

The October Budget tomorrow will generate plenty of headlines. The useful bit is understanding what any changes mean for you and your business.

If the Budget leaves you with questions, your TaxAssist adviser can help you work through the detail and what, if anything, you need to do next.

27/10/2026

The Autumn Budget is being announced tomorrow, 28th October.

What will it mean for you and your business? We’ll be sharing the key announcements affecting businesses, landlords and individuals in our Budget summary.

Bookmark this page and check back tomorrow for the highlights: https://www.taxassist.co.uk/resources/articles/autumn-budget-2026-summary-and-highlights

28/08/2026

From new record-keeping requirements, to upcoming Right to Work changes, there are several important developments that businesses need to be aware of.

Swipe through our carousel for an overview of:

✅Holiday pay record-keeping requirements
✅The new Fair Work Agency
✅Payments for low earners who have missed out on pension tax relief
✅Expanded Right to Work checks

Read the full article for more essential updates and guidance: https://www.taxassist.co.uk/resources/articles/essential-updates-for-employers-summer

26/08/2026

Still chasing customer payments? 🤔

Using Direct Debit can help you collect regular payments automatically, giving you more time to focus on running your business instead of chasing invoices.

Find out how it works in our latest guide:

https://www.taxassist.co.uk/resources/articles/a-beginners-guide-to-direct-debit-for-small-business-owners

19/08/2026

How can your small business attract more local customers?

Watch Chelis explain how small businesses can stand out, strengthen community connections and create experiences that keep customers coming back.

For more information and practical tips to help attract local customers, read our full article below:
https://www.taxassist.co.uk/resources/articles/how-small-businesses-can-encourage-customers-to-shop-local

19/08/2026

HMRC is stepping up its approach to Making Tax Digital for Income Tax.

From September 2026, HMRC will begin automatically registering eligible sole traders and landlords who should already be within MTD but have not yet signed up.

Signing up yourself now gives you more time to ⬇️:

✅ Check your details are correct
✅ Choose suitable MTD-compatible software
✅ Prepare your digital records
✅ Understand your reporting requirements

If you think you may be affected, don’t wait for HMRC to contact you.

Read our full update to find out more: https://www.taxassist.co.uk/resources/news/hmrc-to-start-making-tax-digital-for-income-tax-automatic-enrolment

17/08/2026

Running a successful high street business takes the right mix of planning, promotion and great customer experience.

Here are some key tips to help you get started ⬇

Read our full guide here : https://www.taxassist.co.uk/accountants/resources/articles/how-to-run-a-successful-high-street-business

12/08/2026

Thinking about expanding your business? Make sure you have a plan in place first.

Business growth can be an exciting opportunity but expanding too quickly or without the right preparation can create unnecessary challenges.

Our latest article explores some of the key dos and don'ts of business expansion, including:

• Planning your growth strategically.
• Keeping a close eye on cash flow.
• Understanding your tax and compliance obligations.
• Knowing when to seek professional advice.

Read our latest guide here: https://www.taxassist.co.uk/resources/articles/dos-and-don-ts-when-expanding-your-business

07/08/2026

Have you missed your second income tax payment on account HMRC?

Watch Josh Bothe CTA explain what you need to know in four simple steps!

For more information, including what to do if you can't afford to pay and whether your payments on account could be reduced, read our latest guide in the comments below.

04/08/2026

Could your coworking costs be tax deductible? 🖥️

Coworking spaces offer flexibility, networking opportunities and a professional place to work - but can you claim the costs as a business expense?

Swipe through to learn more, then read our full article for all the details: https://www.taxassist.co.uk/resources/articles/coworking-and-tax-deductibility-what-you-need-to-know

30/07/2026

Got tax questions? We've got answers.

From self-assessment tax returns to VAT, find clear, expert advice on all your accounting queries in one place ⤵️

https://www.taxassist.co.uk/resources/questions-and-answers

28/07/2026

New to running a limited company?

Corporation Tax can seem daunting at first, but understanding the basics early can save you time, stress and costly mistakes.

Swipe through for a quick overview, then read our latest guide for everything you need to know ➡️: https://www.taxassist.co.uk/resources/articles/corporation-tax-a-beginner-s-guide-for-newly-incorporated-businesses