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BarrettStacey Accounting Helping UK Sole Traders prepare for Making Tax Digital | BarrettStacey Accounting

You do not need to wait for a perfect month before setting money aside.A small, regular amount can create more breathing...
21/10/2026

You do not need to wait for a perfect month before setting money aside.

A small, regular amount can create more breathing room than a plan that never gets started. 🙌🏻

A healthy bank balance is useful. Knowing what part of it is already needed is even more useful.Savings pots can help yo...
20/10/2026

A healthy bank balance is useful. Knowing what part of it is already needed is even more useful.

Savings pots can help you separate everyday spending money from tax, annual costs and future plans. 😊

When money arrives in the business, it can be tempting to see one available balance.Giving part of it a job, tax, regula...
19/10/2026

When money arrives in the business, it can be tempting to see one available balance.

Giving part of it a job, tax, regular costs, quieter months or growth, can make the next decision feel clearer. ☺️

Our latest guide explains how simple savings pots can support more predictable cash flow.

Read our latest articles, https://barrettstacey.co.uk/blog/

Before the new week begins, choose one finance task that would make the next MTD update easier.It could be adding receip...
18/10/2026

Before the new week begins, choose one finance task that would make the next MTD update easier.

It could be adding receipts, checking income or asking a question before the details are forgotten. Small routines really do add up. 🙌🏻

The best MTD software is the software that works with the way your business actually earns and spends money.For a trade ...
17/10/2026

The best MTD software is the software that works with the way your business actually earns and spends money.

For a trade business, salon or landlord, the details are different. The aim is the same, records that are current and useful. ☺️

MTD becomes far less daunting when the bookkeeping is part of the weekly routine, not a job left for the deadline.Small ...
16/10/2026

MTD becomes far less daunting when the bookkeeping is part of the weekly routine, not a job left for the deadline.

Small updates mean you can see what has happened, spot anything missing and feel more confident about the next step. 🤔

The next key date for many people using standard update periods is 7 November 2026.If your records have fallen behind, s...
15/10/2026

The next key date for many people using standard update periods is 7 November 2026.

If your records have fallen behind, starting now gives you time to turn the update into a review, not a rush. 😊

Quarterly updates are summaries of income and expenses. They are not your final tax return.That means you do not need ev...
14/10/2026

Quarterly updates are summaries of income and expenses. They are not your final tax return.

That means you do not need every year end adjustment finished before each update. Keeping records current is what makes the process calmer. 🙌🏻

One MTD detail catches people out, qualifying income is not the same as profit.The threshold looks at gross self employm...
13/10/2026

One MTD detail catches people out, qualifying income is not the same as profit.

The threshold looks at gross self employment and property income before expenses and tax. It is worth checking the right figure rather than making assumptions. 😊

Making Tax Digital for Income Tax can sound like one more thing to manage.In reality, the most helpful starting point is...
12/10/2026

Making Tax Digital for Income Tax can sound like one more thing to manage.

In reality, the most helpful starting point is usually simple, keep the records current enough that you recognise the numbers when it is time to review them. ☺️

Our latest guide explains who needs to use it, what quarterly updates mean and the dates to keep in view.

Read our latest articles, https://barrettstacey.co.uk/blog/

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Henleaze House, 13 Harbury Road, Henleaze
Bristol
BS94PN

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Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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