Makes Sense - Chartered Accountants

Makes Sense - Chartered Accountants Your Partner in Financial Growth

Still Using a Shoebox? It's Time to Talk. If your idea of bookkeeping is a crumpled pile of paper receipts and a confusi...
05/08/2026

Still Using a Shoebox? It's Time to Talk. If your idea of bookkeeping is a crumpled pile of paper receipts and a confusing spreadsheet, Making Tax Digital might feel a bit daunting. But you do not need to be a tech wizard to get it right. We help you choose and set up the right software, like Xero, making your record-keeping completely seamless and stress-free. Let us take away the headache so you can focus on running your business. Read our guides: MTD Quick-Start for Sole Traders: https://www.msaccounts.co.uk/your-quick-start-guide-to-mtd-for-sole-traders-do-this-first/ 7 MTD Mistakes to Avoid: https://www.msaccounts.co.uk/7-mtd-mistakes-sole-traders-are-making-and-how-to-avoid-the-new-penalty-points/ Get in touch with our team today to get started. Phone: 0121 238 2206, Web: https://www.msaccounts.co.uk/blog/, Email: [email protected].

Tax deadlines and digital updates shouldn't keep you up at night. At Makes Sense Accountants, we take the entire burden ...
05/08/2026

Tax deadlines and digital updates shouldn't keep you up at night. At Makes Sense Accountants, we take the entire burden off your shoulders. From setting up your software to submitting your quarterly updates, we manage the tech so you can focus on growing your business. No confusing accountant jargon here: just clear, plain English explanations every step of the way. Plus, you will always speak directly with a partner who actually knows your business inside and out. Read our guides: MTD Quick-Start Guide: https://www.msaccounts.co.uk/mtd-first-quarterly-update-your-quick-start-guide-to-the-august-7th-deadline/ Bookkeeping Before MTD: https://www.msaccounts.co.uk/the-simple-trick-to-improve-your-bookkeeping-for-small-businesses-before-your-first-mtd-deadline-2/ Ready to ditch the digital tax stress? Get in touch today. Phone: 0121 238 2206 | Web: https://www.msaccounts.co.uk/blog/ | Email: [email protected]

Only 3 days left until the first MTD quarterly update deadline on August 7th! If you are a sole trader or property landl...
04/08/2026

Only 3 days left until the first MTD quarterly update deadline on August 7th! If you are a sole trader or property landlord with income over £50k, it is time to check your digital records.

Don't panic : this is a digital check-in to submit your summary data, NOT a full tax return or payment calculation. However, missing the deadline can lead to unnecessary penalties and stress.

We know navigating Making Tax Digital can feel like a headache. That is why we explain everything in plain English, removing the jargon and managing your deadlines so you don't have to.

Read our quick-start guide on our blog to make sure you are ready: https://www.msaccounts.co.uk/blog/

Need a hand getting sorted before Friday? Reach out to our team directly.
Phone: 0121 238 2206
Web: https://www.msaccounts.co.uk/blog/
Email: [email protected]

HMRC’S NEW PROPERTY EYEThink a "rough estimate" for a property valuation will fly with HMRC? Think again.HMRC has sharpe...
18/05/2026

HMRC’S NEW PROPERTY EYE

Think a "rough estimate" for a property valuation will fly with HMRC? Think again.

HMRC has sharpened its focus on residential property values in (IHT) returns. By integrating with the Valuation Office Agency (VOA), they now have a clearer view of actual market values: and they won’t hesitate to challenge "convenient" ballpark figures.

Inaccurate valuations are a major red flag, leading to investigations and eye-watering penalties. HMRC is acting as a watchdog, hunting for discrepancies.

At Makes Sense Accountants, we act as your shield. We ensure your valuations are robust enough to withstand scrutiny and remove the stress by managing deadlines. You get direct partner access to navigate these high stakes without the jargon.

Don’t let a valuation error become a bureaucratic headache.

Phone: 0121 238 2206
Web: https://www.msaccounts.co.uk/blog/
Email: [email protected]



Image: https://cdn.marblism.com/8-OBrwrc676.webp

**Fueling Up? New Rules are Live.**The new VAT road fuel scale charges for 2026/27 are officially here. If you drive a p...
17/05/2026

**Fueling Up? New Rules are Live.**

The new VAT road fuel scale charges for 2026/27 are officially here. If you drive a petrol or diesel company car and use it for private trips, these updated rates determine how much VAT you need to account for on that fuel.

Why does this matter?
It is a simplified way to handle private fuel use without the headache of tracking every single mile. HMRC updates these figures annually to reflect current fuel prices, so staying on top of them is a must to avoid "tax barnacles" and unnecessary penalties.

The choice for drivers is simple:
1. Use the scale charges to simplify your reporting and save time.
2. Opt not to claim any VAT on fuel if your private use is very high.
3. Keep meticulous, detailed records of every business and private journey.

At Makes Sense Accountants, we explain the figures in plain English. We are here to help you choose the most cost-effective path for your business and take the stress out of compliance.

Need a hand with the calculations or deciding which path is best? Give us a call.

Phone: 0121 238 2206
Web: https://www.msaccounts.co.uk/blog/
Email: [email protected]

If you’re a sole trader or CIS Subcontractor earning over £50k, the way you report to HMRC is about to change forever. M...
17/05/2026

If you’re a sole trader or CIS Subcontractor earning over £50k, the way you report to HMRC is about to change forever. Making Tax Digital (MTD) for Income Tax isn't just another tax barnacle: it’s a total shift in how you manage your books.

👉 READ THE GUIDE & BOOK YOUR FREE CONSULTATION:
https://www.msaccounts.co.uk/blog/

Forget the once-a-year scramble. From April 2026, you’ll be required to submit quarterly digital updates. It’s a significant administrative hurdle that could easily become a headache if you’re not prepared.

We explain the new rules in plain English: no jargon, just proactive advice to keep you on track.

Phone: 0121 238 2206
Web: https://www.msaccounts.co.uk/blog/
Email: [email protected]

COP-9 SECRETS: WHEN HMRC DIGS DEEPWhen the Fraud Investigation Service (FIS) sends a Code of Practice 9 (COP-9) notice, ...
15/05/2026

COP-9 SECRETS: WHEN HMRC DIGS DEEP

When the Fraud Investigation Service (FIS) sends a Code of Practice 9 (COP-9) notice, they aren't just checking your math; they suspect deliberate tax evasion. This is the "big leagues" of investigations.

The first secret? The Contractual Disclosure Facility (CDF) is a double-edged sword. You get immunity from criminal prosecution only if you make a full, honest disclosure. Hold anything back, and you are back in the firing line.

HMRC can probe back 20 years in these cases. It is an eye-watering process: a "tax barnacle" stuck to your life. While investigators are professional, their primary goal is to maximise recovery.

At , we act as your shield. We speak the language of the FIS and translate technical jargon into plain English. If you are facing a serious investigation, we have the experience to manage the risk and navigate the tribunal if needed.

Read our blog: https://www.msaccounts.co.uk/blog/
Private consultation: [email protected]
Phone: 0121 238 2206

**THE £1,400 LETTER YOU CAN'T IGNORE**Did a letter from HMRC land on your doormat recently? If you’ve got a 16-19 year o...
15/05/2026

**THE £1,400 LETTER YOU CAN'T IGNORE**

Did a letter from HMRC land on your doormat recently? If you’ve got a 16-19 year old at home, that envelope could be worth over £1,400 a year.

HMRC is currently sending out 1.5 million letters to parents across the UK. It’s a simple reminder, but the stakes are high: if you don’t confirm your teen is staying in full-time education or training by August 31st, your Child Benefit payments will stop automatically.

Don’t let it become a "tax barnacle" that slows you down. You can tick this off your to-do list in seconds using the HMRC app or your personal tax account.

At Makes Sense Accountants, we’re all about horizon-scanning to spot these little hurdles before they trip you up. We explain everything in plain English, so you can focus on what matters most.

Need a hand with your personal tax or a direct chat with a partner? Get in touch.

Phone: 0121 238 2206
Web: https://www.msaccounts.co.uk/blog/
Email: [email protected]

MTD: AUGUST 7TH DEADLINE EXPLAINEDThe August 7th deadline for Making Tax Digital (MTD) is fast approaching, but it doesn...
14/05/2026

MTD: AUGUST 7TH DEADLINE EXPLAINED

The August 7th deadline for Making Tax Digital (MTD) is fast approaching, but it doesn’t have to be a source of stress.

One of the biggest misconceptions about this date is what is actually required. At Makes Sense Accountants, we want to clear that up: this is a quarterly "update," not a full tax "return." It is a smaller reporting obligation designed to keep your records digital, yet HMRC’s messaging can often make it feel like a major hurdle.

We act as your shield against the complexities of the system. We explain your figures in plain English: no jargon, just clarity. When you work with us, you speak directly to a partner, ensuring you get proactive advice to improve your business while we handle the reporting "headaches" and manage your deadlines for you.

Let us take the weight off your shoulders so you can focus on what you do best.

Phone: 0121 238 2206
Web: https://www.msaccounts.co.uk/blog/
Email: [email protected]

Deciding between staying a or moving to a ? In 2026, the stakes are higher than ever. With Making Tax Digital ( ) now...
13/05/2026

Deciding between staying a or moving to a ? In 2026, the stakes are higher than ever. With Making Tax Digital ( ) now fully in force for those earning over £50,000, your reporting obligations have fundamentally changed. Is the "corporate veil" worth the extra paperwork? For many, the liability protection of a Limited Company is a non-negotiable safeguard for personal assets. But then there’s the tax efficiency puzzle: balancing corporation tax against dividends and salary in a shifting economy. At Makes Sense Accountants, we ditch the jargon and explain your options in plain English. We don’t just crunch numbers; we look ahead to spot hurdles before you hit them. Whether you're a construction sub-contractor or a growing firm, we manage the deadlines so you can focus on the work. Check out our latest deep dive on the blog for the full comparison: https://www.msaccounts.co.uk/blog/ Ready for a proactive partner who speaks your language? Let’s talk. Phone: 0121 238 2206 Web: https://www.msaccounts.co.uk/blog/ Email: [email protected]

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