by Terry Phillips | Jun 11, 2026 | mileage rates, tax
Author: Phillips & Co Accountants, Chester Date: 11 June , 2026 In May 2026, Chancellor Rachel Reeves announced a targeted economic support package aimed at mitigating inflationary pressures for both consumers and commercial operators. The most structurally... by Terry Phillips | Jun 9, 2026 | dividends, Limited Company
Author: Phillips & Co Accountants, Chester Date: 09 June , 2026 Introduction Extracting funds from a close company is becoming increasingly expensive. A succession of statutory rate changes across Corporation Tax, National Insurance, and now Income Tax on... by Terry Phillips | Jun 1, 2026 | Uncategorized
Author: Phillips & Co Accountants, Chester Date: 01 June , 2026 Cloud accounting software like Xero and FreeAgent has made it easier than ever to manage your business finances. But while clicking “reconcile” is simple, the underlying tax rules are... by Terry Phillips | Apr 28, 2026 | making tax digital, MTD ITSA
Author: Phillips & Co Accountants, Chester Date: 28 April, 2026 The dust has settled on the start of the new tax year, but for high-earning sole traders and property investors, the landscape has fundamentally shifted. As of April 6th, 2026, the long-anticipated... by Terry Phillips | Mar 4, 2026 | making tax digital, hmrc
Author: Phillips & Co Accountants, Chester Date: 04 March, 2026 If you are a sole trader or a landlord, the way you report your income to HMRC is undergoing the biggest change in a generation. Making Tax Digital for Income Tax Self Assessment (MTD for ITSA)...