by Terry Phillips | Oct 21, 2025 | director, director's salary, Payroll
Author: Phillips & Co Accountants, Chester Date: 21 October, 2025 As part of our commitment to proactive tax planning, this blog provides important guidance for the 2025/26 tax year. The government has made significant changes to National Insurance (NI) that... by Terry Phillips | Oct 14, 2025 | Work-From-Home, Sole Trader
Author: Phillips & Co Accountants, Chester Date: 14 October, 2025 For thousands of sole traders and self-employed professionals, the home office has replaced the traditional workplace. While the commute might be shorter, the line between domestic and business... by Terry Phillips | Oct 8, 2025 | Companies House ID
Author: Phillips & Co Accountants, Chester Date: 08 October, 2025 From 18 November 2025, Companies House will begin mandatory identity verification for all company directors and people with significant control (PSCs). The change is part of the Economic Crime and... by Terry Phillips | Sep 30, 2025 | PAYE, Income Tax, Self-Assessment, Trading Allowance
Author: Phillips & Co Accountants, Chester Date: 30 September, 2025 As Accountants in Chester, we’re often asked: “I’m on PAYE but earn on the side — do I need to file Self Assessment?” Often, yes. If you have untaxed income, certain thresholds mean you’ll need to... by Terry Phillips | Sep 25, 2025 | Self-Assessment, hmrc, Income, Self employed, Sole trader
Author: Phillips & Co Accountants, Chester Date: 25 September, 2025 Self Assessment can feel intimidating the first time you do it. Good news: it’s just a series of small steps. Below we explain the process two ways—first for a sole trader, and then for someone...