Forest Phoenix Accountancy Ltd

Forest Phoenix Accountancy Ltd Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Forest Phoenix Accountancy Ltd, Accountant, Unit 23, 25 Foxes Bridge Road, Forest Vale Industrial Estate, Cinderford.

Telephone: 01594 821233
Whatsapp: 07340 131133


Head Office: 23-25 Foxes Bridge Road, Forest Vale Industrial Estate, Cinderford, Gloucester, GL14 2PQ

Cheltenham: 11-15 Prestbury Road, Cheltenham, GL52 2PN

Email: [email protected]

New month = New deadlines Here are the key dates for this month to stay compliant and avoid penalties. If you’re unsure...
29/05/2026

New month = New deadlines

Here are the key dates for this month to stay compliant and avoid penalties.

If you’re unsure what applies to your business, we’re here to help.

26/05/2026

For the first time in 15 years, HMRC has officially updated the Approved Mileage Allowance Payments (AMAP) for cars and vans—backdating the change to 6 April 2026.

If your team uses their personal vehicles for business travel, this 10p increase directly impacts your payroll boundaries and expense tracking.

Here is the "55p rule" broken down for UK business owners, directors, and HR managers:

📈 The New Approved Thresholds
55p per mile (up from 45p) for the first 10,000 business miles in a tax year.
25p per mile for any business miles driven above that 10,000 threshold.
Note: This is the maximum limit your business can reimburse employees tax-free. It is not a mandatory legal requirement to pay this exact amount.

📉 Scenario A: You pay LESS than 55p
You are legally permitted to keep your company mileage rate lower (e.g., 30p or 40p) to manage overheads.

Your business is not required to top up the difference.
Your employees can personally claim Mileage Allowance Relief directly from HMRC to reduce their personal tax bill. It doesn't cost your business a penny.
📈 Scenario B: You pay MORE than 55p
If you want to offer a higher reimbursement as an incentive, be careful with the tax implications:

Any amount paid above the 55p limit is considered a taxable benefit.
The employee must declare the difference above 55p to HMRC via a self-assessment.


Drop us a message if you would like to discuss your payroll or self-assessment needs ✉️

24/05/2026

📢 New Government Support Announced for Families & Businesses

Following last weeks statement in the House of Commons, the Government has set out new measures to help with the rising cost of living and economic pressures linked to the situation in Iran.

Here’s a quick summary of what’s being introduced:

✅ “Great British Summer Savings” package, including:
Targeted agri-food tariff cuts
Free bus travel across England for children aged 5–15 in August
VAT cut on summer attractions (20% ➝ 5%)

⛽ Fuel duty cut extended until 31 December 2026, with planned increases scrapped

🚜 Red diesel duty reduced from 15 June through the end of the year

🚛 HGV tax cut – just £1 for vehicle excise duty renewals over the next 12 months

💼 Mileage allowance increases backdated to April 2026

🏭 Business support, including:
£350m Critical Chemicals Resilience Fund
£120m to help the ceramics sector cut energy costs

🔎 These measures aim to ease pressure on households and support key industries during a challenging time.

More details available via Gov.uk.

Even if an employee’s hourly rate is above the National Minimum Wage, certain deductions and costs can reduce pay for mi...
22/05/2026

Even if an employee’s hourly rate is above the National Minimum Wage, certain deductions and costs can reduce pay for minimum wage purposes.
Common examples include:

• Uniform costs
• Tools or equipment
• Till shortages
• Mandatory training costs
• Salary sacrifice arrangements

These issues are often accidental — but HMRC can still require employers to repay staff and face penalties.
Regular payroll checks can help businesses stay compliant and avoid unexpected problems.

If you’d like support reviewing your payroll processes or checking compliance, our team is here to help.

Are you 100% sure where you stand with HMRC when it comes to the construction industry scheme?In the construction indust...
20/05/2026

Are you 100% sure where you stand with HMRC when it comes to the construction industry scheme?

In the construction industry, the lines between subcontractor, contractor, or simply self-employed can get blurry fast. But guessing wrong can cost you serious money.

With the strict 2026 rules for "Nil Returns" now in full swing, doing nothing can trigger an automatic £100 fine.

Take our quick, 60-second CIS Status Check to get total peace of mind and stay compliant without the headache.

👉 Take the quiz now: 60-second CIS status check – Collaboration

Why take 60 seconds out of your day?
🛑 Avoid the "30% Trap" – Make sure you aren't overpaying your tax as a subbie.
💸 Stop the Penalties – Don't get hit with £100 fines for missed Nil Returns.
🛠️ Get Peace of Mind – Know exactly where you sit in the CIS ecosystem so you can get back to the job.
Don’t leave it to guesswork. Click the link below, take the quiz, and protect your hard-earned cash.

👉 60-second CIS status check – Collaboration

A lovely afternoon last Wednesday celebrating Jess and her upcoming little arrival 🍼✨Lots of sweet treats, games, laughs...
18/05/2026

A lovely afternoon last Wednesday celebrating Jess and her upcoming little arrival 🍼✨

Lots of sweet treats, games, laughs, and baby talk — a wonderful way to celebrate such an exciting time.

We’re all so excited for you and wishing you and your family all the best.

New month = new deadlines 📅Here are the key dates for this month to stay compliant and avoid penalties.If you’re unsure ...
08/05/2026

New month = new deadlines 📅

Here are the key dates for this month to stay compliant and avoid penalties.

If you’re unsure what applies to your business, we’re here to help.

The UK collected £858.6 BILLION in tax last year through HM Revenue & Customs.That’s roughly:• £2.3 billion per day • ...
04/05/2026

The UK collected £858.6 BILLION in tax last year through HM Revenue & Customs.
That’s roughly:
• £2.3 billion per day
• £97 million per hour
• £27,000 per second
📈 Up 3.6% from the previous year.
What do you think—does this surprise you?
Drop a comment below 👇

Another happy client ✔️
27/04/2026

Another happy client ✔️

The biggest tax shake up in decades is coming into place for sole traders & landlords. Have you heard about Making Tax D...
24/04/2026

The biggest tax shake up in decades is coming into place for sole traders & landlords.

Have you heard about Making Tax Digital (MTD) yet?

We’ve spoken to several business owners recently who hadn’t heard about it yet.

Making Tax Digital is a new system from HMRC that will change how some businesses report their income and expenses.

Instead of completing one tax return each year, many sole traders and landlords will need to:

✔ Keep digital records
✔ Use compatible accounting software
✔ Send updates to HMRC every 3 months

📅 From April 2026 this will apply to those earning over £50,000

📅 From April 2027 it will apply to those earning over £30,000

Share this with your friends so they don't get caught out either ↪️

Address

Unit 23, 25 Foxes Bridge Road, Forest Vale Industrial Estate
Cinderford
GL142PQ

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 4pm

Website

https://linktr.ee/fpalimted

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