Regulatory Updates
Keeping Digital Records for MTD
One of the key requirements under Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) is the need to keep digital records of income and expenses....
Ali Jaw
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Resources & Insights
Practical guides, tax tips, and deadline reminders — written in plain English by our Worcester and Birmingham teams. No jargon, just the stuff you actually need to know.
Regulatory Updates
Jointly Owned Properties and MTD
Unincorporated landlords who had combined property and trading income in 2024/25 of £50,000 or more must comply with Making Tax Digital for Income Tax...
Ali Jaw
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Business Advice
Business Rate Changes Ahead
From April 2026, many businesses may find that their business rates increase. This is as a result of the revaluation of properties for business rates...
Ali Jaw
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Tax Tips
Claiming a Tax Refund
It is reasonable to assume that if a person pays too much tax, HMRC will automatically send the overpayment back to them. Unfortunately, this is not the case,...
Ali Jaw
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Tax Tips
Capital Gains Tax Annual Exempt Amount – Use It or Lose It!
The 2025/26 tax year comes to an end on 5 April 2026. If you are thinking of selling assets that may realise a gain and have yet to use your 2025/26 capital...
Ali Jaw
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Tax Tips
Self-Assessment Tax Return Guide 2026/27: Everything You Need to Know
Complete guide to filing your self-assessment tax return for 2026/27. Deadlines, what you need, common mistakes & how a Worcester accountant can help.
Severn Accounting
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Business Advice
How to Choose an Accountant for Your Small Business
Guide to finding the right accountant for your small business in Worcester or Birmingham. What to look for, questions to ask & red flags to avoid.
Severn Accounting
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Regulatory Updates
Making Tax Digital for Small Businesses: What You Need to Know in 2026
MTD explained for small businesses. What's changed, who it affects, software requirements & how to prepare. Expert guidance from Worcester accountants.
Severn Accounting
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Industry Insights
Charity Accounting & SORP: A Complete Guide for Trustees
Essential guide to charity accounting and SORP compliance. Fund accounting, Gift Aid, annual returns & trustee responsibilities explained by specialist Worcester accountants.
Severn Accounting
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Tax Tips
New 40% First-Year Allowance and Reduction in Writing Down Allowances
A new 40% first-year allowance (FYA) is to be introduced from April 2026. It will apply to main rate expenditure on new assets, excluding cars. Both companies...
Ali Jaw
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Industry Insights
CIS Explained: Construction Industry Scheme Guide for Contractors
Complete guide to the Construction Industry Scheme (CIS). Registration, deductions, monthly returns & compliance for contractors and subcontractors.
Severn Accounting
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Tax Tips
Landlord Tax Guide 2026: Section 24, Capital Gains & Tax Planning
Essential tax guide for UK landlords. Section 24 mortgage interest, capital gains tax, allowable expenses, SPV structures & tax planning strategies.
Severn Accounting
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Tax Tips
What the Hike in the Dividend Tax Rate Means for You
In her tax-raising Budget on 26 November 2025, the Chancellor announced that the dividend ordinary rate and the dividend upper rate are to rise by two...
Ali Jaw
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Business Advice
Property Companies and the Effect of the Rise in Dividend Tax Rates
Corporate landlords will not be hit by the property tax rises that will apply to unincorporated landlords from 6 April 2027; they will continue to pay...
Ali Jaw
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Tax Tips
Changes to ISAs and the Savings Tax Rate on the Horizon
During the Chancellor's Budget speech, savers received the unwelcome news that the rate of tax on savings income is to increase and the cash ISA limit to...
Ali Jaw
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Industry Insights
SDLT on Dilapidated Properties
The rate of SDLT payable on the purchase of a property depends on whether it is a residential property or not, and if so, whether the supplement...
Ali Jaw
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