HM Revenue & Customs (HMRC) has launched a new online tool designed to make it easier for employers and businesses to identify and keep track of important tax filing and payment deadlines. The tool allows you to find the deadlines that apply to you and add key dates directly to your online calendar. It…
UPDATED: 23/10/26 The countdown has begun to file your Self Assessment Tax Return and pay your tax by 31st January 2027 as there are only 100 days remaining to file and pay before deadline. The deadline for submitting an online return is midnight 31st January 2027. You will also need to pay the tax you owe by…
1. Mixing Business and Personal Expenses Using one bank account for everything to do with the business helps keep your records simple. 2. Missing Allowable Expenses Instead of only claiming obvious costs, consider what other costs for your business could be tax deductible. 3. Poor Record Keeping Rather than relying on a box…
We had the privilege last night of attending the 2026 Huntingdonshire Business Awards. As the second year as Headline Sponsor for this event, it was pleasure to see so many additional local businesses in attendance. With three of our offices located in the local towns of Ramsey, St Ives and St Neots, it was lovely…
Celebrating Local Businesses The 2026 Bury Free Press West Suffolk Business Awards were held on Friday 9th October at The Apex. Members of our Bury St Edmunds and Mildenhall offices attended for a fantastic evening celebrating local businesses. The night started with a drinks reception and music by local students, which was followed by…
What Landlords Need to Know The Government is introducing a new “Register your rental property” service across England. This is designed to create a comprehensive register of private rented properties. The scheme will begin rolling out from 15 December 2026. Registration deadlines will be applied on a regional basis according to where the rental property…
Nominations and entries are open for the 2027 Mayor’s Business Awards in King’s Lynn! The Whitings Group, made up of Whitings LLP, Chartered Accountants, Whitings Wealth Management Ltd and Whitings IT Solutions, are proud to sponsor the Apprentice/Trainee of the Year award at this years event. Nominating/Entering for the Apprentice/Trainee of the…
Are You Ready? Whilst many taxpayers have already been complying with Making Tax Digital for Income Tax (MTD for IT) from April 2026, a further group of sole traders and landlords are due to be mandated into the scheme from 6 April 2027. If your qualifying income for the 2025/26 tax year exceeds £30,000,…
As we move out of Q3 for 2026 we can renew our assessment of the current financial health of our SME business clients. (data source) The early years of the change in Government have resulted in new headwinds for SME businesses, including above inflation increases in National Minimum Wage and higher Employer’s NIC rates. This,…
The property sector continues to face a period of significant change. There’s new tax, reporting and compliance obligations affecting both landlords and homeowners. As the Government progresses its programme of reforms, it is becoming increasingly important for property owners to ensure that their affairs remain both tax efficient and fully compliant. In this edition,…