Elementary Accountancy Services

05/10/2026

ALERT: Today is the deadline to register for Self Assessment. ⏰

Use our online tool to find out if you need to complete a tax return, and register today. 🖱️

Failure to do so could lead to penalties. ⚠️

Act now. ⬇️

https://www.gov.uk/check-if-you-need-tax-return?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=sa26&utm_content=registrationdeadline

02/10/2026

Hey everyone! ⏰✨

Just a quick heads-up that the deadline to register for **Self Assessment** with HMRC is coming up fast on **October 5th**!

Side hustle superstar, Etsy seller, or freelance wizard? 🧙‍♂️💻 If your total trade or side income (gross revenue, before expenses) went **over £1,000** in the last tax year, you need to register with HMRC. (If your total revenue was under £1,000, you're generally covered by the Trading Allowance and don't need to stress!)

Got your side hustle sorted or need to get registered? Drop any questions below! 👇📉

01/10/2026

Hey everyone! 👋 Just a quick friendly reminder that the VAT deadline is coming up fast on **October 7th**.

Make sure to get those returns and payments sorted so you can cross it off your to-do list and relax! 📉✨

14/08/2026

Just a reminder 👇

If you were due to make a Self Assessment Payment on Account by 31 July and still haven't paid it, HMRC will now be charging late payment interest on the outstanding amount until it's cleared.

A lot of people don't realise that even if no late payment penalty has been issued, interest starts accruing from the day after the deadline.

If you're unsure whether you had a payment due, it's worth checking your HMRC online account sooner rather than later.

💡 The longer it's left unpaid, the more interest builds up.

08/08/2026

📢 We'd Love Your Feedback! 📢

Now that the first round of Making Tax Digital (MTD) submissions has gone through, we're curious to hear how everyone found the process.

✅ Was it straightforward? ✅ Did you encounter any issues? ✅ Was there anything that surprised you?

Whether you're a sole trader, landlord, or business owner, we'd love to hear about your experience. Your feedback could help others who are still getting to grips with the new system.

Pop your thoughts in the comments below 👇

01/08/2026

Happy Yorkshire Day from all of us in Barnsley!

Today we are celebrating God's Own County and everything that makes our region so brilliant—from the warmth of the local community to our rich industrial heritage right here in the heart of South Yorkshire.

Whether you're spending the day exploring Locke Park, enjoying a well-earned brew, or just taking pride in your local roots, we hope you have a fantastic day celebrating.

Here’s to the spirit, hard work, and character of White Rose county!

31/07/2026

📢 Making Tax Digital (MTD) – First Deadline Approaching! 📢
A quick reminder for self-employed individuals and landlords who have joined Making Tax Digital for Income Tax this year – your first quarterly update is due by 7 August 2026.

✅ This applies if your combined self-employment and property income was over £50,000 and you're now within the first phase of MTD.

Don't panic though...

💡 This is not a tax payment and it's not a traditional tax return. You're simply sending HMRC a summary of your income and expenses for the period 6 April 2026 to 5 July 2026 (or 1st April to 30th June depending on your year end) using MTD-compatible software.

If you've never submitted an MTD update before, now is a great time to make sure:
✔️ You're registered for MTD
✔️ Your bookkeeping records are up to date
✔️ You're using compatible software
✔️ You're ready for the 7 August deadline

📅 The deadline might be new, but getting prepared doesn't have to be stressful.

your feedback on BizChatSourcesMake it more casual and friendlyAdd tips for first-time MTD filersInclude a call to action for contacting us

24/07/2026

18/07/2026

🚨 Self Assessment Reminder – Payment on Account Due 31 July 🚨

A quick reminder for anyone who completes a Self Assessment tax return – the second Payment on Account is due by 31 July 2026.

Payments on account are usually made in two instalments, due on 31 January and 31 July each year.

This often catches people out because it arrives in the middle of summer, long after the January filing deadline has been forgotten!

✅ You may need to make a payment if:
• You are self-employed, a landlord, or have other untaxed income.
• Your previous Self Assessment tax bill was over £1,000.
• Less than 80% of your tax was collected at source.

💡 Remember, a Payment on Account is an advance payment towards your next tax bill, based on your previous year's liability. If your income has reduced since then, you may be able to apply to reduce the payment.

⚠️ Missing the deadline can result in interest being charged on the outstanding amount.