Making Tax Digital (MTD) – Clear Monthly Fees from April 2026 From April 2026, HMRC requires all sole traders and landlords to submit quarterly updates under Making Tax Digital. We’ve made it straightforward and predictable for our clients by using our own software and a simple online form that shows you your exact monthly fee […]
Received Your HMRC Making Tax Digital Letter? You’re in the right place – we’ll make this simple and stress-free. HMRC started sending these letters this month (February 2026) to around 860,000 self-employed people and landlords. If yours says you must start Making Tax Digital for Income Tax from 6 April 2026, you now have to: […]
Navigating Making Tax Digital (MTD) in 2026: A Lifeline for Self-Employed Workers Without an Accountant Posted on January 30, 2026 by My Accountant Friend As we step into 2026, the UK tax landscape is undergoing a major shift with the rollout of Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA). If you’re one […]
Revolutionising Accounting for Shopify Traders: Discover My Accountant Friend’s Game-Changing Integration! Posted by My Accountant Friend on January 09, 2026 Hey, Shopify superstars! Are you tired of juggling spreadsheets, chasing receipts, and drowning in bookkeeping chaos while your online store skyrockets? Well, buckle up because My Accountant Friend is here to shout it from the […]
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 […]
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 […]
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 […]
Meet Shane Pearson – The Go-Getter Accountant Helping New Businesses Thrive in Reading Starting a new business can be an exciting, yet overwhelming journey. From the initial idea to setting up financial systems, the process is filled with important decisions that can make or break your venture. That’s where Shane Pearson, an accountant based in […]
Meet Rachel Whitman – The Expert Accountant for Online Content Creators In today’s digital age, online content creation has exploded, with platforms like OnlyFans, Fansly, and other content-sharing sites becoming key income sources for thousands of creators. But with success comes complexity—especially when it comes to managing finances and taxes. That’s where Rachel Whitman, a […]