Uncategorized – Sutton Coldfield Accountancy

Employers NIC Change

Written by Tony Shackleford on April 28, 2026.

Following the changes to employers National Insurance Contributions, the government have estimated that the change has resulted in an additional £28 billion being collected in tax.

15% NIC, employers nic, Employers NIC increase, NIC

Incorrect Notice of Codings

Written by Tony Shackleford on April 27, 2026.

In a recent report it was revealed that HMRC had over charged taxpayers £3.5bn of tax as a result of 5.6m people having incorrect tax codes. Where over payments of tax have arisen, tax payers are...

Child Benefit, High Income Child Benefit Charge, overpaid tax, PAYE coding notice, Self Assessment Tax, tax overpaid, Tax refunds

Covid Fraud

Written by Tony Shackleford on April 16, 2026.

HMRC paid out £98 billion through the 3 covid support programmes is administered (CJRS, SEISS and eat out to help out). They have estimated that £11 billion was claimed fraudelently of which they...

covid, Covid fraud, Covid grants

Making Tax Digital Update

Written by Tony Shackleford on April 13, 2026.

Making Tax Digital (MTD) for income tax commenced on 1 April 2026 for those self employed or having rental property income, with gross income in excess of £50,000 As at the end of March 2026,...

Making Tax digital, Making tax digital for income tax, MTD

HMRC Simple Assessments

Written by Tony Shackleford on March 30, 2026.

Simple Assessments are issued to individuals who have a tax liability but are not on the self-assessment system. The receipients of the Simple Assessments should therfore have relatively simple tax...

HMRC Simple Assessment, Self assessment, simple assessments

Company Car Tax

Written by Tony Shackleford on March 10, 2026.

Due to the impact of the tax regime on company cars, it is generally not sensible to have a company car. The options to consider are: Use your private vehicle for company travel, claiming tax...

Benefit inkind, Caompany van, Company Car taxation, mileage claim

Budget 2025 Income Tax Increases

Written by Tony Shackleford on December 4, 2025.

In the November 2025 Budget the chancellor announced increases in income taxof 2% on dividends, interest and rental income. The dividend tax increase is effective from April 2026 and the interest...

budget 2025, Budget 25, dividends tax, income tax increase, income tax on dividends

HMRC Money Laundering Fees

Written by Tony Shackleford on November 17, 2025.

Previous Blogs have refereed to very significant increases in Companies House and Information Commissioners fees. HMRC have now announced a 30% increase in the annual fees they are charging for tax...

HMRC, HMRC money laundering fees

HMRC Custoimer Service

Written by Tony Shackleford on November 10, 2025.

Recently made available statistics show that HMRC have failed to answer 85 million telephone calls over the last decade, which represent 20% of all calls. In 2024 the number unanswered was 6...

HMRC, HMRC Custiomer Services, HMRC Phone. HMRC Customer Service

Companies House Filing Fee Increases

Written by Tony Shackleford on November 3, 2025.

Companies House have announced further increases to filing fees from 1 February 2026. The cost of forming a company increases from £50 to £100 (prior to May 2024 it was £10). The cost of submitting...

Companeis House Fees, Company formation, Confirmation Statement, Confirmation Statement Fees

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