Dalton Smith Accountants

29/05/2026

⚠️ Business owners – a little tax tip that could save you money...

If you're thinking of selling a business or disposing of shares, you could qualify for a reduced Capital Gains Tax rate of 18% through certain tax reliefs.

Definitely one worth knowing about before making any big decisions, as timing and the rules can make a real difference. Have a read below to see if it could apply to you 👇

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares

29/05/2026

Trawden Tractor run route for Sunday 31st May 2026.

Leave Brookside Garage about 10.30am and drive up Trawden, through the village on towards Beaver Farm, we will then go off-road towards Coldwell Reservoir where we rejoin the road, go left on Back lane heading onto Halifax Rd towards Burnley. We then turn right into Robin House Lane onto Southfield Lane where we will stop off at the Shooters Arms for refreshments.

Leave the Shooters and turn left into Barkerhouse Rd down towards Nelson, we will then turn right to Townhouse Rd and follow that until we join Walton Lane, go left until we reach Leeds Rd, go right towards Colne. We will drive up through Colne town centre towards Keighley and as we leave the town centre turn right onto Carry lane and over the Mireridge back into Trawden, when we reach the church we will turn right, up Burnley Rd, then go off road towards the Heights and down past Oakenbank Farm and return to Trawden, drive down the village and finish at Brookside Garage.

28/05/2026

⚠️ Company directors – a quick heads up!

ID checks at Companies House are starting to roll out. If you're a company director or person with significant control, you'll need to get verified. For most people it can be done online or at selected Post Offices.

It might sound like another bit of admin, but it’s one to get on your radar early to avoid any last-minute stress. Have a read below to see what it means for you 👇

Identity verification requirements at Companies House became a legal requirement

27/05/2026

Landlords – this one’s worth checking 👀

Rental income isn’t always as straightforward as people think. The tax and National Insurance rules can catch people out, and in some cases could even affect things like your State Pension entitlement.

Definitely worth understanding the rules and making sure there are no surprises further down the line 💷

When renting out property, landlords may have both Income Tax and National

27/05/2026

Little tax changes can quietly creep up on people without them even realising 👀

Had a pay rise recently? Sounds great (and it is!)… but it could also mean more of your income is creeping into a higher tax band without you noticing.

Worth keeping an eye on so there are no surprises and you can plan ahead 💷

The freezing of tax thresholds can result in a phenomenon commonly referred to

26/05/2026

Small business owners 👇

Did you know there’s a VAT scheme where you only pay HMRC the VAT once your customer has actually paid you?

For businesses waiting on payments or juggling cash flow, this can make a big difference and help take some pressure off.

Not every business will qualify, but it’s definitely worth checking if it could work for you.

Sometimes a small change can make life feel a bit lighter 💷

The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing

26/05/2026

Self-employed or a landlord? A little heads up 👇

With Making Tax Digital rolling out, choosing the right software now could save you a lot of headaches later.

Not all software is created equal — some can link straight to your spreadsheets, some make bookkeeping easier, and some can save you a lot of time (and stress!).

The right setup isn’t about picking the fanciest option… it’s about finding what actually works for your business.

If you're not sure what software would suit you best, now’s a good time to start looking at your options.

Making Tax Digital (MTD) for Income Tax is now in force for many self-employed

22/05/2026

That sinking feeling when a tax bill lands in your inbox and you had absolutely no idea it was coming. 😬

You’re not bad at business. You just haven’t had anyone in your corner telling you what’s coming before it arrives.

That’s exactly what we do at Dalton Smith Accountants — proactive, year-round support so you’re never caught off guard.

No more panic. No more scrambling. Just clarity. 💡

📩 Book your free discovery call — link in bio.

22/05/2026

Little reminder 👇

Just because you’re on PAYE doesn’t always mean your tax is fully sorted. If you’ve got a side hustle, rental income, self-employed earnings or other untaxed income, you might still need to register for Self Assessment.

I speak to quite a few people who assume PAYE means HMRC have everything covered… then get a surprise later on 😬

Worth checking now rather than dealing with penalties or stress further down the line.

Depending on your income and circumstances, you may need to register for

21/05/2026

Quick tax heads up 👇

If you spend time living, working or travelling abroad, your UK tax position might not be as straightforward as just counting the days you’re here.

Things like family ties, work ties and other connections can all play a part in deciding your UK residence status — and that can affect how you’re taxed.

Definitely one of those areas where getting it right can save a lot of stress (and potentially money) later on 💷

Your UK residence status affects how much tax you pay in the UK and, in