AccountancyKids

AccountancyKids We offer accounts payroll and tax services for nurseries, childminders, nannies, play groups, before and after school care and foster care business.

25/03/2026

33.3% and 10% were sliding rates with a fixed maximum — built on a pattern of work childminders have never followed.
Our blog explainer drops this week, and the early household results are far better than many expect.

Important Update on Wear & Tear & Household CostsHMRC have updated their guidance (BIM52751) on how household wear and t...
20/03/2026

Important Update on Wear & Tear & Household Costs

HMRC have updated their guidance (BIM52751) on how household wear and tear can be claimed. Unfortunately, the traditional 10% wear‑and‑tear allowance will no longer be available once you move onto Making Tax Digital.

There has also been a change in how you apportion and claim household utilities. I’ll be publishing simple guidance on my website www.accountancykids.co.uk
shortly to explain how we’ll work out the new apportionments.

These updates mean you’ll see more fixed assets, more depreciation, and more capital allowances in your accounts. This is completely normal under the new rules.

MTD 2026 for childminders—Accountancy Kids helps shape SCMA guidance. Trusted, sector-specific support for Making Tax Digital compliance.

26/02/2026

Important Update for Childminders: Wear & Tear Allowance

HMRC has confirmed that the 10% Wear & Tear Allowance will not continue once childminders move onto Making Tax Digital (MTD), currently planned for April 2026.

We know this change feels uncertain, and we want to reassure you that the sector is actively lobbying for a fair approach. National childminding bodies and professional associations are pushing for the allowance to be retained or for a transitional arrangement. These discussions are ongoing.

What we do know is that childminders are expected to move to claiming actual costs for household items used in the business. The exact rules, timings, and transitional arrangements have not yet been confirmed.

If you expect to move onto MTD from April 2026, it may be worth delaying large household purchases (such as furniture, carpets, fridges, sofas and similar items) until the new rules are confirmed.

This may benefit you under the expected actual‑cost system — but nothing is guaranteed yet.

As soon as the Government publishes the final rules, AccountancyKids will share a clear, simple breakdown with examples so you can see exactly what the change means for your setting.

16/01/2026

Update: HMRC Meeting With Childminding Sector – w/e 16 January 2026
Coram PACEY have confirmed they are meeting with HMRC this week to discuss the future of the 10% wear‑and‑tear allowance for childminders.

HMRC’s position currently remains the same:
The allowance will end once childminders move into MTD for ITSA, with actual‑cost rules applying instead.

Sector organisations are pushing for clearer, practical guidance on what childminders can claim and how household costs should be proportioned under MTD.

Further updates will follow once the meeting concludes.

If HMRC asked you to starts using digital records, here's what you need to do:1. Retrieve your government gateway ID and...
13/11/2025

If HMRC asked you to starts using digital records, here's what you need to do:

1. Retrieve your government gateway ID and password when you registered for self assessment
2. Find your national insurance number and date of birth.
3 Identify your accounting period and method (cash or accrual)
4. Start using compatible HMRC recognised software such as QuickBooks (We can help you get set up and make sure it's MTD-ready)
5. Ask your agent to sign you up to start MTD from April 2026
6. If you have an agent you must obtain permission before they sign you up with a digital handshake.

Need help getting started?
Visit:

Making Tax Digital Childminders must submit updates by the 7th of the month after each quarter. Learn what records to keep and how to stay compliant.

14/10/2025

Is Your Platform Really Ready for MTD?

Making Tax Digital becomes mandatory in April 2026—and most childcare platforms aren’t even listed as developing HMRC-recognised software.

At Accountancy Kids, we use QuickBooks, which took 3 years to gain HMRC approval. We don't believe that any childcare platform is currently confirmed as MTD-compatible to send quarterly digital returns.

Yes—some platforms offer sales invoicing and limited bookkeeping functions. But that’s not enough.

If your desktop or app can’t submit directly to HMRC, it’s not compliant.

Ask your platform provider:

Are you developing HMRC-recognised MTD software?

Will I be able to submit directly from your app?

What’s your timeline for approval?

💬 We’re helping childminders navigate this transition with clarity and confidence. Message Accountancy Kids today for support, onboarding guidance, and peace of mind.

27/08/2025
23/07/2025

🚨 Making Tax Digital – Mandatory Changes Are Coming 🚨 Are you self-employed or a landlord? If your qualifying income is above HMRC’s thresholds, digital records will soon be mandatory.

📆 Key Dates to Know:

£50,000 → April 2026

£30,000 → April 2027

£20,000 → April 2028

📬 If your 2024–2025 tax return (due by 31 Jan 2026) shows qualifying income over £50,000, HMRC will send you a letter. But don’t wait for it—you must be ready from Day 1.

✅ Start transitioning to digital record keeping now. ✅ Choose MTD-compatible software. ✅ Get support if you're unsure how to begin.

Why delay? These rules won’t wait. Preparing early means smoother compliance, fewer mistakes, and less stress later.

📞 Message us today if you're unsure how MTD affects you—we’ll help you make the move!

Address

26 Tiree Grange
Hamilton
ML38BP

Opening Hours

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

Telephone

01698 421774

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