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TAKS Limited, 160 Aztec West, Bristol (2026)

04/09/2026

That HMRC Tax Bill Can Feel Overwhelming…

You’ve worked hard all year. You’ve paid your bills, covered your business costs, and tried to keep everything running.

Then HMRC sends you a bill that’s even bigger than you expected because of payments on account.

But you may not have to pay as much upfront.

We can help you review your tax position and reduce your payments on account where appropriate, giving you more breathing room and helping protect your cash flow.

Don’t let an unexpected tax bill keep you up at night.

📩 Get in touch today — let’s see if we can reduce the pressure.

26/08/2026

If you’re a sole trader or landlord and your qualifying income was over £50,000 in 2024/25, you should already be using Making Tax Digital for Income Tax from 6 April 2026.
And now HMRC has taken the next step…

📅 From September 2026, HMRC will start automatically signing up people who should be using MTD but haven’t registered yet.

So you have two choices:
Option 1: Wait for HMRC to find you. 👀
Option 2:Get organised now, choose your software, check your details and get your digital records in order — on your terms. ✅
MTD means keeping digital records and sending quarterly updates to HMRC using compatible software.

And here's the bit many people miss…
👉 Qualifying income means your income before expenses — not your profit.

So if you’re thinking:
"But I don’t make £50,000 profit…"
That may not be the right calculation.

💡 Turnover matters.
And the thresholds are coming down:
£50,000 → from April 2026
£30,000 → from April 2027
£20,000 → from April 2028

Don’t wait for HMRC to knock on your digital door.

TAKS Limited can help you:
✔️ Check whether MTD applies to you
✔️ Work out your qualifying income
✔️ Choose suitable software
✔️ Get registered
✔️ Set up your digital records
✔️ Keep you compliant with the new reporting requirements

📩 [email protected]

17/08/2026

Tax planning isn’t just about numbers — it’s about being prepared

Over the years, my approach to taxation has changed as I’ve gained experience, worked with different businesses and, importantly, seen just how quickly the tax landscape can change.

One thing I have come to strongly believe is this:

A tax bill should never come as a surprise !

Modern tax planning is, in my view, about much more than completing a tax return at the end of the year. It starts with understanding where you are today, looking ahead, keeping up with changes in taxation and making informed decisions along the way, which also has impact on individuals wider Estate and Wealth planning.

I believe good tax planning should be an ongoing process.

It’s about asking the right questions:

🔹 What is coming up?
🔹 What tax might I need to pay?
🔹 Are there legitimate opportunities I should be considering?
🔹 Are my current arrangements still appropriate?
🔹 Am I prepared for the changes ahead?

For me, this is at the heart of being a good tax adviser.

Don’t wait until the tax deadline to start thinking about your tax.

My professional journey has taught me that preparation, communication and staying ahead of change can make a real difference — not only financially, but also in giving you financial confidence and no stress, peace of mind.

If you would like to look ahead and understand what your tax position could look like, contact us today and let’s plan together.

Sometimes, the best tax decision is simply making sure you are thinking about it early enough.

11/08/2026

🚨 Don’t Forget to Make a Note!

Life moves quickly. Meetings, unexpected calls, family commitments and a hundred other distractions can mean important things get pushed to the back of your mind.

But there’s one thing you really shouldn’t forget: keeping proper records of your financial transactions.

Imagine this:

You receive £34,000 from someone. You know exactly what it was for today, so you make a quick note:

“£34,000 received – personal, not taxable. Tell the accountant.”

Job done… right?

Not necessarily.

Two years later, HMRC comes knocking.

They want to know where the £34,000 came from, who paid it, why it was paid, and what it was for.

You look back at your note.

That’s all it says.

The bank can confirm the date and amount — but not the story behind the transaction.

Suddenly, what seemed like a simple oversight can become a much bigger problem.

And then come the additional questions:

🔹 What about this other transaction?
🔹 Why was this money paid into a personal account?
🔹 What happened in the previous tax year?
🔹 Can we see your personal bank statements?
🔹 Can you explain these other payments?

Before you know it, a relatively straightforward enquiry can escalate into a full tax investigation, costing you time, money and a great deal of stress.

📝 The lesson?

Don’t just make a note. Make a proper note.

Record the who, what, when, where and why while you still remember.
Because two years from now, you may remember the £34,000 — but you might not remember why you received it.

And neither your bank nor your accountant can necessarily fill in those gaps for you.

⚖️ Facing an HMRC challenge?

Resolving HMRC challenges and disputes is what I have done for many years. I can review what HMRC has already done, check whether they have acted correctly and often anticipate what they may do next

Sometimes a second pair of eyes at the right time can make all the difference.

06/08/2026

Are you getting the support your business deserves?

You work long hours, take risks, and put everything into building your business.

The last thing you need is an accountant who leaves you waiting for answers, doesn't return your calls, or only contacts you when it's time to pay a tax bill.

Your accountant should give you confidence—not uncertainty.

If you've ever found yourself thinking...

💭 "Why do I have to chase them for a reply?"

💭 "I still don't understand what I'm paying tax on."

💭 "Surely someone should have warned me about this?"

💭 "I feel like just another number."

You're not alone.

Every day, we speak to business owners who feel frustrated, ignored, and unsupported. They don't just want someone to submit accounts—they want someone who genuinely cares about their business and helps them succeed.

At TAKS Limited, we believe you deserve better.
✔ Someone who answers the phone.

✔ Someone who explains things in plain English.

✔ Someone who spots opportunities before they're missed.

✔ Someone who helps you keep more of what you've worked so hard to earn.

✔ Someone who is with you every step of the way.

Because your accountant shouldn't just complete your tax return...

They should help you sleep better at night, knowing your business is in safe hands.

Whether you need a fresh start, tax advice, or ongoing support, we're here to help.

📧 [email protected]
📞 0117 256 5052

You built your business with passion. Make sure the people advising you care just as much.

28/07/2026

I've noticed something recently...Human advice still matters! Sometimes you don't need another online guide or chatbot—you just need to have a conversation with a real person.

More and more people are struggling with the digital changes HMRC is introducing.

The move to online services is designed to make things easier, but for many people it's having the opposite effect. Tasks that should be simple—like completing a Self Assessment tax return, claiming a tax refund, or understanding an HMRC letter—are becoming increasingly confusing.

I'm speaking to people who are frustrated by online accounts, digital forms, verification processes, and tax jargon. They're often left wondering whether they've completed everything correctly or worried they've missed something important.

Technology is a fantastic tool, and I use it every day to provide a faster, more efficient service for my clients. But technology alone can't answer your questions, understand your personal circumstances, or give you the confidence that you're doing things correctly.

That's why human advice still matters.

If you're finding HMRC's digital changes confusing or you're unsure about your tax return, tax refund, or any other tax matter, don't struggle through it on your own.

📞 Get in touch and speak to a real person. Sometimes a quick conversation can save you time, money, and a lot of unnecessary stress.

27/07/2026

Can you reduce your payment on account? 🤔
Reducing your payments on account can help improve cash flow and prevent you from paying more tax upfront than necessary.

At TAKS Limited we can help you through a clear, well-established HMRC compliant step-by-step process to review your position and make sure your payments on account are accurate.

Our process includes:

✅ Reviewing payments on account already made – checking what you have paid so far and whether your current payments reflect your expected tax liability.

✅ Reviewing your expected income and tax position – assessing your tax bill

✅ Checking available tax reliefs and allowances – making sure any relevant reliefs, expenses, and allowances have been considered to help ensure your tax calculation is accurate.

✅ Calculating a revised estimate – working out what your payments on account should be based on your updated circumstances.

✅ Helping you submit your request to HMRC – guiding you through the process of reducing your payments on account where appropriate.

📩 Contact us today to see if you could reduce your payments on account and let us help you manage your tax position with confidence [email protected]

24/07/2026

📢 Making Tax Digital (MTD) is coming – are you ready?

Making Tax Digital is changing the way many self-employed individuals and landlords keep their records and submit their tax information to HMRC.

If you're affected, you'll need to:
✅ Keep digital records
✅ Use compatible software
✅ Submit updates electronically to HMRC

Q1 6 Apr – 5 Jul - 5 August
Q2 6 Jul – 5 Oct - 5 November
Q3 6 Oct – 5 Jan 5 February
Q4 6 Jan – 5 Apr 5 May

Final Return Deadline: 31st of January
Tax Payment Deadline: 31st of January (and 31st of July for any second payment on account)

Preparing early can make the transition much smoother and help you avoid last-minute stress.

Not sure if MTD applies to you or what you need to do? We're here to help! Get in touch for friendly, straightforward advice, and we'll guide you through the process from start to finish.

📞 Contact us today at [email protected] to find out how we can help you get MTD ready.

15/07/2026

🔺 ‘How much is this going to cost you personally?’ 🔺

Sometimes, one conversation can save weeks of stress, unnecessary work, and a very expensive mistakes.

A business owner contacted me recently after receiving a letter from HMRC saying they needed to register for VAT.

Like many people would, they picked up the phone and called HMRC for guidance. They were told they would need to backdate their VAT registration, issue VAT invoices for previous sales, and collect the VAT from customers for work that had already been completed. If they couldn't recover the VAT from those customers, they believed they would have to pay it themselves.

Imagine how that feels.

Suddenly, you're not just thinking about a VAT registration. Your mind is racing...

🔴 How am I going to tell customers they now owe me more money for work I completed months ago?
🔴 What if they refuse to pay?
🔴 How much is this going to cost me personally?
🔴 Have I done something wrong?
🔴 Will HMRC charge penalties as well? ( yes, they will 🙄 )

Then comes the mountain of admin.

You've got to register for VAT, choose the right VAT scheme, understand Making Tax Digital, decide which accounting software to use, learn how that software works, issue corrected invoices, record everything correctly, prepare your first VAT return, submit it on time, reconcile your figures, check for errors, and hope you've interpreted the rules correctly.

For someone who simply wants to run their business, that's an overwhelming amount of information to absorb.

The client I spoke to was convinced they had no choice because "HMRC said that's what I had to do."

But here's the important point...

The advice given by HMRC's helpline isn't always the only or best option for your circumstances. Their advisers don't always have the full picture of your business, and tax legislation often provides different routes depending on the facts.

After reviewing the client's situation, I was able to explain that there were alternative options available. We could take away the stress, review the position properly, and help them through the process in a way that was both compliant and far less daunting.

This is also why I ask the question...🔺 ‘How much is this going to cost you personally?’ 🔺

Tax isn't just about finding an answer. It's about finding the right answer for your specific circumstances.

Before making decisions that could cost you thousands of pounds or countless sleepless nights, speak to someone who can review your individual situation.

13/07/2026

HMRC Is Proposing to be able to recover Tax Debts by Deducting payments Directly from a your bank account

HMRC is proposing new enforcement powers to recover lower-value tax debts from taxpayers who have persistently failed to engage with them.

Under the proposals:

💷 HMRC could recover unpaid tax by deducting affordable monthly payments directly from a taxpayer's UK bank or building society account.

📩 Taxpayers would be notified in advance and given a final opportunity to pay or contact HMRC before any deductions are made.

💰 Although the final debt threshold has not yet been confirmed, HMRC has indicated these powers are unlikely to apply to debts exceeding £10,000, including interest and penalties.

These proposals are aimed at taxpayers who have repeatedly ignored HMRC's attempts to make contact—not those who are actively engaging or have agreed payment arrangements.

If you're worried about a tax debt, getting in touch with HMRC early can help you explore payment options and avoid further enforcement action.

Need advice? We're here to help. contact us ayt [email protected]

TAKS Limited

04/09/2026

26/08/2026

17/08/2026

11/08/2026

06/08/2026

28/07/2026

27/07/2026

24/07/2026

15/07/2026

13/07/2026

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