Cornfield Accountants

Cornfield Accountants Accounting services provider

Do you really know how much you need to earn? One of the biggest mistakes new business owners make is aiming to replace ...
22/07/2026

Do you really know how much you need to earn?

One of the biggest mistakes new business owners make is aiming to replace their salary.

But earning a salary and running a business are two very different things.

When you're self-employed, your income also needs to cover things like:

✓ Tax and National Insurance
✓ Pension contributions
✓ Holiday and sick leave
✓ Business expenses
✓ Future investment and growth

The amount you need to invoice is often much higher than the amount you want to take home.

Understanding the numbers before you launch can help you set realistic goals, price your services correctly and build a business that's financially sustainable from day one.

Thinking about starting a business? We'd be happy to help you work out the numbers before you take the leap.

Are you ready for Making Tax Digital? More than 110,000 taxpayers who are required to use Making Tax Digital (MTD) from ...
20/07/2026

Are you ready for Making Tax Digital?

More than 110,000 taxpayers who are required to use Making Tax Digital (MTD) from April 2026 are still yet to register.

If you're self-employed or receive rental income, and your combined gross income exceeded £50,000 in the 2024/25 tax year, these new rules are likely to apply to you.

The good news? There's still time to prepare before the first reporting deadline in August 2026 - but it's worth getting started sooner rather than later.

If you're unsure whether MTD applies to you, or you'd like help getting your systems ready, we're here to help.

Summer has a funny way of giving us space to think.Whether it's a holiday, longer evenings or simply a break from the us...
18/07/2026

Summer has a funny way of giving us space to think.

Whether it's a holiday, longer evenings or simply a break from the usual routine, many people start asking themselves the same question...

"Could I work for myself?"

Starting a business can be one of the most rewarding decisions you'll ever make, but it's about much more than having a great idea.

Before you take the leap, ask yourself:
✓ Is my idea financially viable?
✓ How much do I actually need to earn?
✓ What's the best business structure?
✓ Am I prepared for tax and bookkeeping?

The right advice at the beginning can save you time, money and stress further down the line.

If starting a business is something you're considering, we'd be happy to help you get off on the right foot.

Good news for anyone who drives for work 🚗The government has increased the approved business mileage rate from 45p to 55...
17/07/2026

Good news for anyone who drives for work 🚗

The government has increased the approved business mileage rate from 45p to 55p per mile for the first 10,000 business miles, backdated to 6 April 2026.

The rate of 25p per mile for any business mileage over 10,000 miles remains unchanged.

This is the first increase in approved mileage rates for 15 years and is designed to help offset rising motoring costs for employees and self-employed individuals using their own vehicles for business.

If you claim business mileage, it's worth checking you're using the correct rates.

Need advice on what you can claim? Our team is here to help.

Running a business is hard enough - your accounts shouldn’t add to the stress.Whether you’re a startup, growing SME or e...
14/07/2026

Running a business is hard enough - your accounts shouldn’t add to the stress.

Whether you’re a startup, growing SME or established business, Cornfield Accountants provide practical support, clear advice and reliable accountancy services tailored to you.

We work with businesses of all sizes across the UK, helping owners feel more confident and in control of their finances.

Ready to stop doing it all alone?Call us on 01323 576446 to arrange a chat.

Are you confident you're claiming everything you're entitled to?Many business owners either miss out on legitimate busin...
12/07/2026

Are you confident you're claiming everything you're entitled to?

Many business owners either miss out on legitimate business expenses or claim things they're unsure about, which can lead to paying more tax than necessary - or unnecessary worry if HMRC ever comes calling.

Common business expenses can include things like:

✔️ Office costs
✔️ Business travel
✔️ Professional subscriptions
✔️ Marketing and advertising
✔️ Equipment and software

The rules aren't always straightforward, and every business is different.

Making sure you're claiming the right expenses can help reduce your tax bill while giving you confidence that everything has been done correctly.

Not sure what your business can claim? We'd be happy to help you understand what's allowable and ensure you're making the most of the reliefs available.

One of the biggest mistakes we see business owners make isn't paying too much tax – it's not putting enough aside throug...
10/07/2026

One of the biggest mistakes we see business owners make isn't paying too much tax – it's not putting enough aside throughout the year.

Without a plan, your tax bill can come as an unwelcome surprise, putting unnecessary pressure on your cash flow when payment is due.

Knowing roughly what you'll owe means you can:

💷 Budget with confidence
📈 Manage your cash flow more effectively
😌 Avoid last-minute stress
🎯 Make better financial decisions throughout the year

If you're unsure how much you should be setting aside, you're certainly not alone. A little forward planning now can save a lot of worry later.

Need a clearer picture of your business finances? We'd be happy to help.

This deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to H...
08/07/2026

This deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI, capital gains tax and High Income Child Benefit Charge liabilities (unless paid via PAYE).

The second payment on account in respect of income tax and any Class 4 NI is due for payment by 31st July 2026. Interest is charged on any late payments.

If we have already dealt with this matter on your behalf you need take no action.

If you need any assistance with this or any other aspect of accounting, give us a call on 01323 576446.

Are your accounts taking up headspace over your weekends? Do you know when it's time to stop DIY accounting?Doing your o...
05/07/2026

Are your accounts taking up headspace over your weekends? Do you know when it's time to stop DIY accounting?

Doing your own bookkeeping can make perfect sense when you're starting out. But as your business grows, so does the complexity.

Ask yourself...

✔️ Are you spending evenings and weekends catching up on paperwork?
✔️ Do you worry you've missed something important?
✔️ Are tax deadlines becoming stressful?
✔️ Could your time be better spent winning new business?

If you're answering "yes" to more than one, it might be time to let an accountant take the pressure off - which is where we come in!

Sometimes the biggest business investment is buying back your own time.

Address

5 Cornfield Terrace
Eastbourne
BN214NN

Opening Hours

Monday 8:30am - 5:30pm
Tuesday 8:30am - 5:30pm
Wednesday 8:30am - 5:30pm
Thursday 8:30am - 5:30pm
Friday 8:30am - 5:30pm

Telephone

+441323576446

Website

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