Blake Accounting

Blake Accounting Local Accountants helping small businesses stay on top of their accounts, without the headache, jargon and stress. DM, email or give us a call.

Clear advice, reliable support, and someone you can actually speak to. A team of Accounting Professionals with a dynamic approach to business
We have a modern approach to our business and can always add value to yours in more ways than just doing your annual accounts. We have a diverse and broad business team offering a wide range of services to a valued set of clients across the South East. As ou

r Cloud Accounting business expands we now have clients across the UK. Our business is led by our CIMA Accountant Thomas who has attained Fellow Status and has a broad knowlegde of business and finance. Our Mission
"To be a leading Accounting Services business in the UK offering timely outstanding quality outcomes to range of diverse businesses"

You must normally register for VAT when your taxable turnover exceeds £90,000.A common mistake is checking turnover only...
17/07/2026

You must normally register for VAT when your taxable turnover exceeds £90,000.

A common mistake is checking turnover only at the end of the financial or tax year. The VAT threshold applies to any rolling 12-month period, so it should be reviewed every month.

You may also need to register if you expect your taxable turnover to exceed £90,000 within the next 30 days alone.

Remember:

✅ The threshold is based on turnover, not profit
✅ It includes sales that are standard-rated, reduced-rated or zero-rated
✅ VAT-exempt income is not included
✅ You can register voluntarily before reaching the threshold

Registering late could mean paying VAT to HMRC even if you did not charge it to your customers.

📩 Contact Blake Accounting if your turnover is approaching the threshold or you are unsure whether VAT registration applies to your business.

For most limited company directors, the answer is usually a combination of both.A salary can:✅ Reduce the company’s taxa...
14/07/2026

For most limited company directors, the answer is usually a combination of both.

A salary can:
✅ Reduce the company’s taxable profit
✅ Help protect your National Insurance record
✅ Use some or all of your Personal Allowance

Dividends can:
✅ Be paid without National Insurance
✅ Provide a tax-efficient way to withdraw additional profits
✅ Only be paid when the company has sufficient available profits

The right balance depends on your company’s profits, whether you qualify for Employment Allowance, whether you have other employees and any other personal income you receive.

Using the same salary as last year may not always be the best option.

📩 Contact Blake Accounting for a review of your director salary and dividend strategy for 2026/27.

Hiring your first employee? 👋It’s an exciting step for your business — but it also comes with important payroll and comp...
16/06/2026

Hiring your first employee? 👋

It’s an exciting step for your business — but it also comes with important payroll and compliance responsibilities.

Before your new team member starts, you may need to think about:

✅ PAYE registration
✅ Payroll setup
✅ Starter checklist
✅ Pension enrolment duties
✅ Payslips and RTI submissions
✅ Keeping accurate employee records

At Blake Accounting, we help small businesses get payroll set up properly from the start, so you can focus on growing your business with confidence.

Need help with your first employee setup? Email us at [email protected]

It's sooooo easy to simply transfer some money from your business account thinking you'll sort it out later. But HMRC is...
06/05/2026

It's sooooo easy to simply transfer some money from your business account thinking you'll sort it out later.
But HMRC is watching that "later" very closely.

If your DLA stays overdrawn for more than nine months after your year-end, you could be hit with a Section 455 tax charge—currently sitting at a painful 33.75%.

That’s money straight out of your pocket simply because the paperwork wasn't handled correctly.

Need some advice how best to handle your DLA? DM or email us [email protected]

The deadline might feel far away, but the "January Panic" starts now. Why wait for the most stressful month of the year?...
04/05/2026

The deadline might feel far away, but the "January Panic" starts now.
Why wait for the most stressful month of the year?
P60s have been issued, tax year has ended, get your box of receipts and get in touch!
No stress, no last-minute software glitches, and no HMRC fines. Just total peace of mind.

What’s the difference between a bookkeeper and an accountant?A lot of small business owners think they’re the same thing...
01/05/2026

What’s the difference between a bookkeeper and an accountant?

A lot of small business owners think they’re the same thing—but they do very different jobs.

👉 Bookkeeper
Keeps your finances organised day-to-day:

Records income & expenses
Reconciles bank accounts
Keeps your books accurate and up to date

👉 Accountant
Takes that data and turns it into something useful:

Prepares annual accounts
Submits tax returns
Helps you reduce your tax bill
Advises you on how to grow your business

💸 The bit most people don’t realise:
Accountants are typically more expensive—and if your bookkeeping isn’t kept tidy throughout the year, year-end work can take much longer and will cost a lot more.

At Blake Accounting, we don’t separate the two—we handle both for you.

✔ Accurate bookkeeping
✔ Tax-efficient accounts
✔ Ongoing support when you actually need it

All for a fixed monthly fee—no surprises.

If you’re not sure whether your finances are set up properly,
message us and we’ll take a look

We've heard so many small business owners saying they don't even know what their accountant is charging them for!You cal...
28/04/2026

We've heard so many small business owners saying they don't even know what their accountant is charging them for!
You call your accountant for a 5 minute chat, and two weeks later, an "advisory fee" invoice lands in your inbox!
Not here.
At Blake accounting we use fixed monthly pricing. One set fee - all your questions answered. No surprises, no clocks ticking.

Email us at [email protected] for a free chat with a human.

Everyone has been talking about Making Tax Digital for months now! But you've been too busy to look into it...In simple ...
21/04/2026

Everyone has been talking about Making Tax Digital for months now! But you've been too busy to look into it...

In simple terms HMRC wants to keep an eye on you regularly instead of once a year when you submit your Self-Assessment.

If you're self-employed or a landlord and earn over £50,000 they don't want you to keep paper receipts in a box (or in your van), instead they want you to use a software to keep track of things. HMRC is actually helping you declutter 😄

If you earn less than that you can continue working in a messy way and giving your bookkeeper a headache until this time next year.

Need help? We're here for you. DM or email [email protected]

From 1st April the minimum wage has gone up. If you employ staff, make sure to update your payroll:• Age 21+ = £12.71 pe...
11/04/2026

From 1st April the minimum wage has gone up.
If you employ staff, make sure to update your payroll:

• Age 21+ = £12.71 per hour
• Age 18–20 = £10.85 per hour
• Age 16–17 = £8.00 per hour
• Apprentices = £8.00 per hour

For a full-time employee aged 21+, this is around £20 more per week than last year.

If you run a small business, now is a good time to:
✔️ Check your payroll software is updated
✔️ Review staff wages and salary sacrifice arrangements
✔️ Update budgets and pricing if staff costs have increased
✔️ Make sure younger staff and apprentices have also been increased correctly

HMRC can charge penalties if staff are paid below the correct rate, even by mistake.

If you need help checking payroll or planning for higher staff costs this year, send us a message.

Happy New Tax Year!! 2026/27 is here, you are self employed or a landlord, what happens now?1. MTD is on! Was your total...
08/04/2026

Happy New Tax Year!! 2026/27 is here, you are self employed or a landlord, what happens now?

1. MTD is on! Was your total gross income last year over £50k? If yes you're in.
2. Get yourself a compatible software for MTD
3. Separate personal from business spending
4. Make sure your Government Gateway details work and you can log into your account
5. Review your prices, now is the time to raise them
6. Get in touch with us to help you with everything!

[email protected]

Address

27 Breakfield, Ullswater Business Prk
Coulsdon
CR52HS

Opening Hours

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

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