Evlateam

30/10/2026

Autumn Budget 2026: What it means for businesses, employees and the self-employed

The UK Budget announced on 28 October includes several important tax and business changes to prepare for.

🔹 Making Tax Digital (MTD)
From April 2027, eligible sole traders and landlords with qualifying income over £30,000 will need to use MTD for Income Tax, with no penalties in the first year for late filings.

🔹 Trading Allowance increase
The tax-free trading allowance is set to rise from £1,000 to £3,000 from April 2027.

🔹 National Minimum Wage increases
From the new rates announced:
● Ages 21+: £13.21 per hour
● Ages 18–20: £11.27 per hour

🔹 Mileage rates
From April 2027, the tax-free mileage rate for business travel will be 55p per mile for the first 10,000 miles and 35p thereafter.

🔹 Employment expense claims
From April 2028, the £2,500 threshold for claiming employment expenses through Self Assessment will be removed.

🔹 E-invoicing and Direct Debit
VAT e-invoicing is planned from April 2029. New PAYE and VAT Direct Debit arrangements will also be introduced for collecting unpaid balances.
🔹 Property and savings income tax
Tax rates on property and savings income are set to increase by four percentage points from April 2027.

🔹 Business rates support
Eligible high-street businesses may benefit from expanded Small Business Rate Relief and a business rates freeze.

🔹 Support for self-employed parents
From April 2029, eligible self-employed fathers, partners and adopters are expected to gain access to parental support payments.

📌 What should you do now?
✔ Review your bookkeeping and digital record-keeping.
✔ Check how the changes could affect your payroll and tax planning.
✔ Plan ahead for new reporting and invoicing requirements.
✔ Speak to your accountant or tax adviser about how the changes apply to your business.

Good preparation now can help you avoid surprises later.

Autumn Budget 2026: MTD for new joiners, the £3,000 Trading Allowance, minimum wage rises, 35p mileage rate, e-invoicing and Direct Debit rules explained.

03/07/2026

📢 MTD for Income Tax – the first return is already approaching!

If, in the 2024/25 tax year, your combined turnover from self-employment or property exceeded £50,000 — not your profit — then from 6 April 2026 you will need to manage your tax affairs through the Making Tax Digital (MTD) system, and your first quarterly return will be due by 7 August! 🗓️

This covers the months of April–May–June 2026, and it can already be prepared from 6 July.

✅ What does this mean in practice?
– Keeping digital records using compatible software
– Submitting quarterly returns to HMRC
– Submitting the annual summary return from the same software by 31 January 2028

💡 Good news: in the first tax year (2026/27), HMRC will not yet issue penalty points for late quarterly updates — but this does NOT apply to the annual return and payment deadline, where penalties will still apply.
As this will be the first return of its kind, it is worth starting to deal with it in good time. This is a new system, and it is likely that the first time will require more coordination until the routine is established.

❗ The tax authority’s system is also showing errors. Over the past 48 hours, HMRC’s system has gone down several times, and it is likely that receiving many new returns will put pressure on them, so for this reason as well it is not worth leaving submissions until the last minute.

If you have not registered yet, now is the time! 👇

🔗 Registration: https://www.gov.uk/guidance/sign-up-for-making-tax-digital-for-income-tax
🔗 All information in one place: https://makingtaxdigital.campaign.gov.uk/

If you are unsure whether this applies to you, or you need help preparing, get in touch with us! 💬

More information:
https://www.evlateam.co.uk/making-tax-digital-2026-free-mtd-consultation/

04/05/2026

🎉 EVLAteam celebrates 15 years! 🎉

Today we celebrate 15 fantastic years of supporting hundreds of businesses across the United Kingdom.

A huge thank you to all our clients for your trust and support 💙
Here’s to the next 15 years!

01/05/2026

Making Tax Digital is not really about learning complicated software.

It is about changing the way you manage your tax throughout the year.

Instead of leaving everything until the Self Assessment deadline, MTD encourages a more regular rhythm: keeping digital records, reviewing your figures more often, and staying closer to your tax position before it becomes stressful.

For many sole traders and landlords, this could actually make tax feel more manageable — as long as they prepare early.

Read the full article here:
https://www.evlateam.co.uk/making-tax-digital-is-not-really-about-software-its-about-changing-your-tax-rhythm/

For years, many sole traders and landlords have lived with the same tax pattern. Most of the year, business ticks along. Then January arrives, and suddenly everything becomes urgent. Bank statements need downloading. Receipts need chasing. Figures need checking. Questions you have not thought about....

03/04/2026

🐰🥚🐰

02/04/2026

Not sure what your tax code means?

A wrong tax code could mean you’re paying too much tax — or not enough. Our simple guide explains the most common UK tax codes, emergency codes, and what to do if something looks wrong.

Read the article and check yours.
https://www.evlateam.co.uk/tax-codes-explained-a-simple-guide-to-understanding-your-tax-code/

If you need help, EVLAteam is here for you.

Your tax code is one of the most important numbers on your payslip, yet many employees don't fully understand what it means or how it affects their take-home pay. Your tax code determines how much income tax your employer deducts from your salary each month. Getting it wrong could mean you're overpa...

25/03/2026

From April 2026, sole traders and landlords must submit their income to HMRC every quarter.

For a lot of people, that sounds like a nightmare. New software. New subscriptions. A whole new way of working. And most of our clients said exactly the same thing: "I'm just not techy."

Here's what MTD actually means: HMRC now requires digital submissions. But that doesn't mean you have to go digital.

If you don't want new software or subscriptions, that's fine. Just send us your bank statements and receipts the way you always have — by email, WhatsApp, or post — and we'll handle the digital submission to HMRC for you.

Your routine stays the same. We take care of the rest.

From £30/month — quarterly submissions + Self Assessment included.

📅 April 2026 is closer than you think.
👉More information: https://www.evlateam.co.uk/making-tax-digital-we-handle-it/

Accounting & Bookkeeping services Expert accounting for small businesses, sole traders, and freelancers. Simple, stress-free accounting tailored for small businesses and self-employed professionals. We handle the numbers, so you can focus on growing your business. Get an Instant Quote Your Business,...

24/12/2025

🎄 We would like to thank our Clients and Partners for the cooperation throughout the year and for their trust in us.
On behalf of EVLAteam, we wish everyone a peaceful, joyful Christmas and a successful New Year! 🎅🎁

28/11/2025

📢 Autumn Budget 2025: Major Changes Ahead

The new Autumn Budget includes significant updates for individuals, landlords, freelancers, and small businesses — from higher taxes on investment income to new pension rules and mandatory e-invoicing.

We’ve summarised all key changes clearly in our latest blog post.

👉 Read the full article on our website:

Chancellor Rachel Reeves delivered the Autumn Budget 2025 with several measures that will directly impact individuals, freelancers, landlords, and small business owners. Although many details had been leaked beforehand, the final announcement contained several significant changes, particularly regar...

19/11/2025

🎉 We are incredibly proud and delighted to announce that EVLAteam has won the LUCA AWARD 2025 – Large Practice of the Year! 🎉

Everyone knows the Oscars, the Emmys, and other world-famous film and television awards…
In the British accounting profession, the LUCA carries the same level of prestige.
It is the highest honour presented by the ICB (Institute of Certified Bookkeepers) – often referred to as the “Oscars of bookkeeping and accounting.”

And what makes this achievement even more special:
🏆 We already won this exact award once before, in 2020 – and now, five years later, we have been chosen again as the best in our category.
This is a true recognition of our consistent quality, reliability, and professional dedication.

To be eligible for the award, a practice must:
✔ hold a valid ICB Practice Licence,
✔ have been supervised for at least 18 months,
✔ and meet specific size criteria – such as employing at least five full-time equivalent team members, or providing regular bookkeeping services to more than 150 active clients.

In addition, nominations require supporting documents, letters of recommendation, client testimonials, and other evidence from those who believe the practice truly deserves this honour.

This award proves that our clients trust us, and that our team works every single day with precision, integrity, and the highest level of expertise.

🌟 We extend our heartfelt thanks to our clients, our colleagues, and everyone who has supported us.
This success belongs to all of us – once again reaching the top after our first win in 2020!

We remain committed to making accounting in the UK simple, transparent, and stress-free for small and medium-sized businesses.
EVLAteam – now twice recognised as outstanding by our profession. 🏆💙