Westwood Accountancy Ltd

15/07/2026

Was your year end the 31st of October? If yes then your Companies House accounts are due on 31 July.

Late filing means automatic fines and credit damage. We've summarized how to handle this smoothly and step up your financial control...

https://tinyurl.com/38dr5skw

13/07/2026

With weeks to go, HM Revenue and Customs is reminding millions of Self Assessment taxpayers to prepare for the 2025 to 2026 tax year second payments on account 31 July deadline.

Customers can set up monthly or weekly payment plans and any payments already made via these plans will count towards their next Self Assessment tax bill.

If you need any help with your self assessment get in touch at
[email protected].

https://bit.ly/44oF3Wd

One month to go until the second Payments on Account deadline on 31 July. The HMRC app is the quickest way to pay, with more than 110,000 payments...

08/07/2026

Now that the first quarter of the financial year is done, we'd like you to take a look at our straightforward, 60-minute framework to audit your Q1 performance and protect your business for the rest of the year...

https://tinyurl.com/4aux763m

06/07/2026

Four in ten of Generation Z say they wish they had learnt the basics about tax when they were younger as HM Revenue and Customs is encouraging those looking for work this summer to download the HMRC app to find the answers they need.

As exams are finishing and young people are starting their summer job search, the HMRC app can help them understand their tax affairs and money matters.

Keep reading 👉 https://bit.ly/4gdKdeN

40% of young people wish they had learnt the basics about tax when they were younger. HMRC is encouraging young people to use the HMRC app to manage their...

01/07/2026

The tax gap estimate – the difference between what UK tax is expected to be paid and was actually paid – was 6.4% for the 2024 to 2025 tax year, provisional figures published recently show.

HM Revenue and Customs collected £865.2 billion in 2024 to 2025, representing 93.6% of all tax due. This means an estimated £59.2 billion was unpaid that tax year.

Read the full article here 👉 https://bit.ly/3SyQR5v

The tax gap estimate – the difference between what UK tax is expected to be paid and was actually paid – was 6.4% for the 2024 to 2025 tax year, provisional...

29/06/2026

Most business owners only speak with their accountant once or twice a year, usually when year-end accounts are due or a tax bill needs to be paid. But traditional compliance only tells half the story.

To navigate economic shifts, manage growth, and protect margins, a business needs financial support that looks forward, not just backward...

https://linkedin.com/pulse/beyond-balance-sheet-value-proactive-accountancy-gvhie

24/06/2026

Dividend tax rates have increased to 10.75% (basic) and 35.75% (higher) for 2026/27.

In our latest guide we analyse how this shifts the math on director remuneration and profit extractions.

https://tinyurl.com/59pjvta7

22/06/2026

Westwood manage bookkeeping for different businesses every day.

If you'd like some help to streamline your business we're always happy to have a chat:

[email protected].

17/06/2026

EV company car tax has risen to 4% BiK for 2026/27.

Take a look at our latest update which details the locked-in rates through 2030 and the new £50,000 luxury road tax threshold for businesses.

https://tinyurl.com/59pjvta7

15/06/2026

HM Revenue and Customs has pledged more than £11 million to support customers who need extra help, as it launches the latest round of its Voluntary and Community Sector Grant Funding Scheme.

Bids can be submitted for the funding, which is available for voluntary and community sector organisations to provide specialist advice and support to HMRC customers who may need extra help with their tax affairs, interacting with its digital services, which continue to expand, or claiming entitlements.

Read more here 👉 https://bit.ly/4oI4Zpf

More than £11 million in funding available for organisations to help customers with their tax affairs.Voluntary and Community sector organisations invited to...