KKB Accounting Ltd

09/09/2026

Waiting for your VAT number? Your VAT registration effective date still matters.

You may have VAT obligations from your effective registration date, even if HMRC has not yet issued your VAT number.

While you wait:
• Keep detailed records of all sales and purchases.
• Do not show VAT separately on invoices before the effective date unless you have received proper advice.
• Once your VAT number arrives, review any affected invoices and correct or reissue them if needed.

The correct treatment depends on your registration circumstances, so get advice promptly to avoid costly mistakes.

Contact KKB Accounting Ltd on 0116 373 0228 or WhatsApp 07926 470 457. Visit https://kkbaccounting.co.uk/

02/09/2026

Question 3: What VAT schemes are available?

The right VAT scheme can affect your cash flow and the amount of administration your business requires. The main options are:

• Standard VAT: account for VAT on sales and purchases in each VAT return period.
• Cash Accounting: account for VAT when customers pay you and when you pay suppliers. Usually available where taxable turnover is £1.35 million or less.
• Annual Accounting: submit one VAT return each year, usually with payments on account. Usually available where taxable turnover is £1.35 million or less.
• Flat Rate Scheme: pay a fixed percentage of gross turnover. Usually available where taxable turnover is £150,000 or less, subject to eligibility rules.

The most suitable option depends on your turnover, costs, customers and cash flow. The schemes have specific conditions, so professional advice can help you choose correctly.

Contact KKB Accounting Ltd:
0116 373 0228 | WhatsApp 07926 470 457
www.kkbaccounting.co.uk

26/08/2026

Can your business register for VAT even if turnover is below the compulsory registration threshold?

Yes, voluntary VAT registration may be possible. It could allow you to reclaim VAT on eligible business purchases and may make your business more suitable to work with VAT-registered customers.

However, registration also means charging VAT where applicable, keeping accurate records and submitting VAT Returns. It is not automatically beneficial; the right choice depends on your customers, costs and circumstances.

Contact KKB Accounting Ltd for guidance:
0116 373 0228
WhatsApp: 07926 470 457
https://kkbaccounting.co.uk/

19/08/2026

Could your business need to register for VAT?

Compulsory VAT registration may be required if your taxable turnover exceeds £90,000 in a rolling 12-month period. You may also need to register if you expect your taxable turnover to exceed £90,000 in the next 30 days.

Remember: taxable turnover is not simply all money entering your business. It generally relates to sales of goods and services that count towards the VAT threshold.

Voluntary VAT registration may also be possible if your taxable turnover is below £90,000, depending on your circumstances.

VAT rules depend on the individual business and should be checked before acting.

Contact KKB Accounting Ltd for guidance:
0116 373 0228
WhatsApp: 07926 470 457
https://kkbaccounting.co.uk/

15/08/2026

Did you know VAT registration isn’t only about reaching the VAT threshold?

Customers, your business costs and the type of work you do can all affect whether registering for VAT may be suitable for your business.

Wondering whether VAT registration is right for your business?

Visit our website for the full explanation: https://kkbaccounting.co.uk/

13/08/2026

¿Estás reclamando correctamente los gastos de tu sociedad limitada?

Algunos gastos empresariales pueden ser deducibles a efectos del Impuesto sobre Sociedades cuando cumplen las normas aplicables, como:

• Gastos de oficina y suministros
• Software empresarial y suscripciones profesionales
• Desplazamientos realizados por motivos de trabajo
• Teléfono e internet de la empresa
• Servicios profesionales, como asesoría legal o contable
• Equipos empresariales y materiales de trabajo

Importante: los gastos no son automáticamente deducibles. Deben estar relacionados con la actividad de la empresa y, por lo general, haberse realizado exclusivamente para fines empresariales. Si existe un uso personal, la parte empresarial debe identificarse y tratarse correctamente.

Conserva las facturas, recibos y registros claros que respalden cada gasto. El tratamiento fiscal correcto puede variar según las circunstancias de tu empresa.

¿No estás seguro de qué gastos puede reclamar tu sociedad limitada? Contacta con KKB Accounting Ltd:

WhatsApp: 07926470457
Tel: 0116 373 0228
www.kkbaccounting.co.uk

Bookkeeping, Payroll/Auto enrolment, Self Assessment, VAT Returns, Business Recovery and Company c/o

11/08/2026

Selling a business, property or another valuable asset? You may need to consider Capital Gains Tax (CGT). ⚠️

CGT can apply when you sell or dispose of an asset that has increased in value. The tax is generally based on the gain you make: not the total sale price.

For owner-managed businesses, this could involve:
• Selling shares in your company
• Selling business premises or investment property
• Disposing of valuable business assets
• Transferring an asset to someone else

Allowable costs, losses and available reliefs may affect the amount due, so planning ahead is important. Before agreeing a sale or transfer, get professional advice to understand the potential tax position and reporting requirements.

Need help planning ahead? Contact KKB Accounting Ltd.

WhatsApp: 07926470457
Landline: 01163730228
www.kkbaccounting.co.uk

Bookkeeping, Payroll/Auto enrolment, Self Assessment, VAT Returns, Business Recovery and Company c/o

11/08/2026

Choosing the right business structure could make a big difference to your finances in 2026.

Should you remain a sole trader or set up a limited company? The better option depends on your profit levels, tax position, personal liability and how much administrative work you’re prepared to take on.

Our latest guide explains the key differences in simple terms, helping you make a more informed decision for your business.

Read the full guide: https://kkbaccounting.co.uk/blog/sole-trader-vs-limited-company-2026

Need help deciding? Contact KKB Accounting Ltd:
WhatsApp: 07926470457
Landline: 01163730228
www.kkbaccounting.co.uk

Bookkeeping, Payroll/Auto enrolment, Self Assessment, VAT Returns, Business Recovery and Company c/o

06/08/2026

Still keeping your business records in spreadsheets, folders or a shoebox? Now is the time to go digital.

Making Tax Digital for Income Tax means eligible sole traders must:

• Keep digital records of income and expenses
• Use compatible software
• Send quarterly updates to HMRC
• Complete an annual tax return as usual

If your qualifying income was over £50,000 in 2024/25, MTD for Income Tax applies from 6 April 2026. The first quarterly update deadline is 7 August 2026.

These quarterly updates are not four extra tax returns. They are regular summaries of your digital records, helping you stay organised and avoid the year-end panic of finding missing receipts and working out months of transactions at once.

Starting early gives you time to choose the right software, build good habits and get support before deadlines become stressful.

Not sure when MTD applies to you? KKB Accounting Ltd can help you understand the changes and prepare with confidence.

Call 0116 373 0228 or WhatsApp 07926 470457.
www.kkbaccounting.co.uk

Accounting services in UK, from KKB Accounting, backed by 13+ Google reviews. Paperless accountants

31/07/2026

Are you a sole trader ready for Making Tax Digital? Making Tax Digital (MTD) for Income Tax is coming, and staying ahead of the curve will save you time and stress. Instead of scrambling at year-end, MTD means keeping digital records and sending regular updates to HMRC. At KKB Accounting Ltd, we make this transition completely seamless for you so you can focus on growing your business. Want to get your digital records sorted without the headache? Get in touch with our friendly team today! Call us on 01163730228 or drop us a message on WhatsApp at 07926470457.