Practical accounting and tax insights from Direct Assist Accountants in Slough — bookkeeping tips, HMRC updates, and financial guidance for UK businesses.
Chancellor John Healey delivered the Autumn Budget 2026 on 28 October 2026. There were no changes…
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UK limited companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on…
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The £100k tax trap is the income band between £100,000 and £125,140 where you pay an…
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An SA302 is a tax calculation from HMRC. It shows your total income and the tax…
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A sole trader must register as self-employed with HMRC once their business income goes over £1,000…
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A 0T tax code means you get no tax-free Personal Allowance from that job or pension.…
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Payments on account are advance payments towards your next Self Assessment tax bill. HMRC asks for…
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Last updated: October 2026 Many sole traders and small business owners in the UK start out…
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