BG Accounting Limited

26/03/2026

✨ **Big MTD Changes Are Coming – Make Sure You’re Ready for the New Tax Year!** ✨

From **6 April 2026**, HMRC is rolling out the next phase of **Making Tax Digital (MTD)** — meaning millions of sole traders and landlords will need to start keeping **digital records** and sending **quarterly updates** instead of relying on the old once‑a‑year tax return.

If your business income is **over £50,000**, you’ll be in the first wave required to comply, with those earning over £30,000 joining the following year in April 2027.

One of the *best* ways to get ahead is by making sure your finances are clean, organised, and easy to track – and that’s where having a **separate business bank account** can make life so much easier. 🧾✨
While HMRC doesn’t *legally* require a business account for MTD, having one keeps your business and personal spending separate and reduces the risk of errors in your digital records. It also integrates more smoothly with MTD‑compatible bookkeeping software, making submissions far simpler.

With the new tax year just around the corner, now’s the perfect time to:
✅ Set up or review your business bank account
✅ Move to MTD‑compatible accounting software
✅ Get your digital recordkeeping processes in place
✅ Avoid the last‑minute rush (and potential penalties!)

Staying organised now means less stress — and fewer surprises — when MTD officially lands. Let’s make this new tax year the smoothest yet! 🌟

20/03/2026

New week and we’re already helping landlords and self-employed clients get fully organised for the upcoming tax year changes 📊

If you own rental properties or run your own business, now is the time to get ahead. With changing rules and increasing reporting requirements, leaving things until the last minute can cost you time, money, and unnecessary stress.

At BG Accounting, we work closely with landlords and the self-employed to keep everything clear, compliant, and running smoothly — from sorting your records to making sure you’re fully prepared for the new tax year.

Get ahead now, not later. Message us today and let’s get you organised ✔️

22/06/2025

Brilliant effort

16/05/2025

Congrats to Andrew Julier who has won our first ever prize draw.

Please feel free to contact us to let me know what £100 voucher you’d like.

Again a big thankyou to our clients that have taken the time to kindly leave a review.

12/05/2025

100 Google reviews!!

As a thankyou to those clients that have left us a review.

A random prize draw will be issued for a £100 voucher of the winners choice.

For clients that haven’t already kindly left a review please do so by Friday before the draw takes place to also be entered.

18/04/2025

Looking for a qualified/qualified by experience accountant to join our ever growing team. ACCA or ACA qualifications preferred.

Applicant should have dealt with Individual and ltd company taxes before, ideally have used Iris or familiar with the systems.

Should have some good experience with Xero/Quickbooks/Sage. Good knowledge of CIS and RVC within the construction industry.

This role is perfect for someone who lives local to Harlow and doesn’t want to commute into London, enjoys working within a small team and working with SME’s.

Salary is dependent on experience, is a full-time and permanent role.

Should this be of interest please send CV’s to [email protected]

08/03/2025

Major changes coming for the 26/27 tax year!

For those who are self employed and having revenue over £50,000, you will be required to file a quarterly tax return with the first period being 30th June 2026 (5th July 2026) this would need to be submitted by the 7th August 2026 to avoid any HMRC penalty. (A very small window)

The following year in 2027 the income threshold will be reduced to £30,000.

Feel free to get in contact and we can discuss how to make a smooth transition into keeping tax compliant.

Check if you need to use this service to report your self-employment and property income.

30/01/2025

That’s tax season officially done for the BG team, would like to thank all of our clients for helping us be in this position, with not having to do the dreaded night shifts it does mean a lot to us all 🙏🏻

Also a special mention to the staff who have again been outstanding with their efforts as always.

03/12/2024

In association with Harlow Town FC ⚽️