Blogs

Accounting person with note book, calculator and pen Directors' Loan Accounts SALee ACcountancy Ltd

Directors’ Loan Accounts and S455 Tax – What Limited Company Directors Need to Know

For many limited company directors, taking money from the business can sometimes feel flexible and...
November 2025 budget SA Lee Accountancy Ltd

Rachel Reeves’ Budget: What Could Be Ahead for Tax and Spending?

Rachel Reeves is preparing to deliver her first Autumn Budget as Chancellor later this year...
Calculator and letter block spelling tax

HMRC’s New £3,000 Tax Rule – What Does It Mean for You?

If you earn a little extra on the side, whether that’s selling online, freelancing, dog...
Desk with coins, Taxes paperwork, Phone, glasses and notepads

Understanding VAT: What it is, When you need to register, and What to do next

VAT (Value Added Tax) is one of those things that often pops up once your...
Glasses, pay slips, tax codes

Understanding Your Tax Code – What Do All Those Letters and Numbers Mean?

If you’ve ever glanced at your payslip and wondered what your tax code means, you’re...
Person using a calculator

HMRC Penalties for Self Assessment, VAT and Corporation Tax: What You Need to Know

Missing a tax deadline can be stressful—but it can also be costly. HMRC imposes different...

Why Filing Your Tax Return Early Is a Smart Move

When it comes to your Self Assessment tax return, it’s tempting to put it off—after...

Making Tax Digital for the Self-Employed: What You Need to Know Before April 2026

The way self-employed individuals report their income to HMRC is changing. From April 2026, Making...

Understanding HMRC Self Assessment Payments on Account

If you’re self-employed, a landlord, or earning additional income, you’re likely familiar with the HMRC...