The Chancellor has announced a series of changes that could affect your business, your income, and your employees. Here’s a clear, practical guide to what’s coming – and what it means for you. 1. Income Tax & National Insurance Thresholds Frozen Until 2031 The thresholds at which you or your employees start paying Income Tax […]

Identity Verification for UK Company Directors – Coming November 2025 From 3 November 2025, a major legal reform takes effect for UK businesses. Every company director and Person with Significant Control (PSC) will need to verify their identity with Companies House under the Economic Crime and Corporate Transparency Act 2023. This is part of a […]

Here at the MAF Glasgow office we love our food and drink, so when it comes to business meetings, choosing the right environment makes all the difference. Whether you’re closing a deal, meeting a new client, or just catching up with a colleague, Glasgow has no shortage of smart, stylish spots where you can talk, […]

We’re delighted to welcome you as a client of My Accountant Friend. This page outlines the key terms of our service and what you can expect from us, as well as what we’ll need from you. Our goal is to make your accounting experience smooth, efficient, and stress-free. We follow the ethical guidelines set out […]

MTD Penalties Are Coming – Here’s What You Need to Know With Making Tax Digital for Income Tax (MTD IT) on the horizon, HMRC is tightening the rules—and yes, that includes a brand new penalty system. It’s clearer, stricter, and a lot more time-sensitive than what most of us are used to. 🚨 Who’s in […]

Welcome to My Accountant Friend! Congratulations! You’ve taken the plunge and now fully part of the MAF family. Whether you’re a seasoned entrepreneur or this is your first rodeo, we promise to keep the accountancy jargon to a minimum (unless you enjoy tax codes, in which case, let’s be friends). This guide will walk you […]

Expert Insurance Solutions with SJL Insurance Services We are proud to partner and recommend SJL Insurance Services to provide our clients with expert support for all their insurance needs. As a trusted insurance broker, SJL takes the time to understand each client’s specific requirements, ensuring they receive the most suitable coverage. SJL Insurance Services can […]

Final Tax Planning Tips for 2024/25: Maximise Your Allowances Before April 5th! As we approach the end of the tax year on April 5, 2025, it’s crucial for limited company directors, shareholders, and employees to ensure they’ve fully utilised their tax allowances. Not doing so could mean missing out on valuable savings. Here are our […]

The Impact of 300 Pub Closures in the UK: How Changes to IR35 and Pension Contributions Are Affecting the Industry. In the past year, the UK has witnessed a concerning trend: 300 pubs have closed their doors with London bearing the brunt, and the factors behind this troubling decline are rooted in the evolving landscape […]