Erdingsworth Business & Tax Advisors

15/07/2026

Your business name is one of your most valuable assets, make sure it’s protected.

The headache of not doing so? Not worth the risk.

Speak to us today about protecting your brand.

01/07/2026

Your name is your most valuable asset, but without taking steps to safeguard it, you are leaving it open to imitation.

Business Name Protection is an affordable way to protect your brand.

Speak to us today about protecting your brand.

30/06/2026

There’s nothing better than seeing our clients bring their vision to life. 🎉☕

A huge congratulations to the team at The Haven Coffee Shop on their grand opening this Saturday!

If you’re looking for great coffee, delicious treats, and a welcoming space to unwind, be sure to stop by and show them some local support.

📍 Opening Day: Saturday 4th July
🕘 Doors Open: 9:00 AM

We’re proud to have been part of your journey and can’t wait to see The Haven become a favourite spot in the community.

Wishing you every success for opening day and beyond! 🤍☕✨

30/06/2026

⚡ Electric Company Car Tax Update

Since 6 April 2026, the Benefit-in-Kind (BiK) rate for fully electric company cars increased from 3% to 4%.

For a £40,000 electric company car, this means:
• £320 annual tax for a basic-rate taxpayer
• £640 annual tax for a higher-rate taxpayer

Despite the increase, electric company cars remain significantly more tax-efficient than most petrol and diesel alternatives.

Need advice on how these changes affect your business or employees? Get in touch.

29/06/2026

15/06/2026

📩 Received a "Correction of Obvious Errors" Letter from HMRC?

If you've recently received a letter from HMRC stating that they've corrected your tax return due to an "obvious error or omission", don't ignore it.

These letters are becoming increasingly common, particularly for individuals working under the Construction Industry Scheme (CIS), where HMRC may challenge CIS deductions, income figures, or claims made on a tax return.

It's important to check the amendment carefully. HMRC can get things wrong, and you may have the right to challenge the correction if you believe it is incorrect.

If you've received one of these letters and aren't sure how to respond, contact us for advice before taking any action.

11/06/2026

If you're signed up for Making Tax Digital (MTD) for Income Tax, your first quarterly submission deadline is fast approaching.

⏰ Deadline: 7 August

This submission covers the period from 6 April to 5 July and requires a summary of your business and/or property income and expenses.

Remember, quarterly updates are not tax returns, but they must be submitted using compatible MTD software and accurate digital records.

If you're unsure what needs to be reported, haven't started keeping digital records, or need help with your submission, we're here to help.

08/06/2026

📄 Have You Checked Your P60 Yet?

By now, most employees should have received their P60 for the tax year ended 5 April 2026.

Your P60 is an important document that summarises your total pay and tax deductions for the year. It's often needed for mortgage applications, loan applications, tax returns and proof of income.

We recommend checking your P60 carefully to ensure:

✅ Your personal details are correct
✅ Your total pay matches your records
✅ The tax deducted appears accurate

If something doesn't look right, don't ignore it. Errors can affect your tax position and future applications.

Not sure what the figures mean or concerned something may be incorrect? Get in touch with us and we'll be happy to help.