CS Accounting

08/04/2026

Making Tax Digital started on 6th April…

By making thoughtful decisions and staying on top of your accounts, you’ll always be working with up-to-date figures - not guesswork.

If you’d like to arrange a meeting or simply have a question about MTD, our team is here to help:

📞 0191 487 9870
✉️ [email protected]
🌐 https://csaccounting.co.uk/services

05/04/2026

Happy Easter, we hope you have a fantastic day (with all of your Choc🍫)

26/01/2026

Meet Wilf! 🐾 How lovely is he? He’s been lending a helping paw leading up to the 31st self-assessment deadline…however, he’s also known for politely handing his Mam his lead when it’s home time 🐶 😂

21/01/2026

MTD for Income Tax is coming — and there’s a lot of confusion around what it actually means.

If you’ve picked up bits of information here and there, it’s easy to get the wrong idea and risk problems later on.

Before that happens, let’s clear up six of the most common MTD misunderstandings.

👉 For a full breakdown, check out the article here from Sage:

Don't get caught out by these common misunderstandings about MTD for Income Tax. Read our article to learn more.

01/01/2026

Happy New Year! 🎉 Wishing everyone the best for 2026!

18/11/2025

A little visitor turned up at our door today! He’s got big responsibilities and we’ve put him to work…here’s hoping he doesn’t take light years to file the paperwork 🪐📁✨

09/11/2025

Lest we forget...

03/09/2025

Running a business isn’t just about balancing the books 🧾

At CS Accounting, we support SMEs with clear advice, tailored guidance, and the financial insight you need to stay compliant, strengthen your business, and maximise profitability ✅

If you’d like to arrange a meeting or simply have a question, our team is here to help:

📞 0191 487 9870
✉️ [email protected]
🌐 https://csaccounting.co.uk/services

30/08/2025

A handy guide from Sage: 6 Things You Need to Know About Making Tax Digital for Income Tax (7 min read 📖)

https://www.sage.com/en-gb/blog/mtd-income-tax-needs-to-know/

Have more questions? We can help you navigate the changes and ensure your business stays compliant 👇

📞 0191 487 9870
✉️ [email protected]

Need help understanding what Making Tax Digital for Income Tax will mean for your business? These insights will get you up to speed.

22/08/2025

This week in the office, we’ve mostly been talking about HMRC 🏢 To be fair, we quite often talk about HMRC - never in a good way!

We’ve spent hours photocopying and collating hundreds of documents 📑 because HMRC - the very people who want everyone to do everything digitally 💻 wouldn’t accept them scanned and emailed.

That got us thinking about Making Tax Digital which comes into effect on 6 April 2026 📅 for some self-employed people and landlords. You may have already had a letter from them if your turnover was more than £45,000 💷 last year.

It’s not something you can leave until the last minute ⏳, so start looking at your systems now. Talk to your accountant or bookkeeper if you use one, and make sure you’re organised ✅ because, as ever with HMRC, there could be penalties if you’re not ⚠️

08/08/2025

This week in the office...

We have mainly been talking about HMRC payments on account. If you submit a self-assessment return and your total tax and National Insurance for the year is over £1,000, HMRC will ask for payments on account for the next tax year. They assume you will have the same tax bill as the previous year and ask you to pay the same amount on account for the next year, split into two payments.

The first payment is due by 31 January following the tax year, and the second by the next 31 July. Once the final tax is calculated, any payments on account are deducted from the total, and then the next year’s payments on account are added on.

There are exceptions, such as when tax deducted from all sources is more than 80% of the tax due. You can ask for payments on account to be reduced if you think your tax bill will be lower - but be warned: if you reduce them to less than the final tax bill, you will be charged interest on the late payment.

The worst part is when we have to tell a client with a new business that, at the end of their first year, they have to pay one and a half times the tax ☹