Hargreaves Owen Ltd

Hargreaves Owen Ltd We are a firm of accountants who can help with all of your accounts, tax, VAT and payroll needs.

We are an experienced firm of local accountants who deal with all of your accountancy needs from year end accounts, corporation tax returns, personal tax returns, VAT returns and monthly payrolls. We offer a free no obligation initial meeting to discuss your needs and how we can best help you and will provide a full detailed quote of our costs.

Do you run a business? Do you run out of time for all your jobs? We’d love to save you time, sleep and money wherever po...
23/07/2026

Do you run a business?
Do you run out of time for all your jobs?

We’d love to save you time, sleep and money wherever possible, by taking care of your numbers and associated paperwork.

Call us on 01462 791079 or email [email protected] for an initial chat without obligation.

HMRC rejects almost half of Making Tax Digital exemptions.At the time of its request, a Freedom of Information request h...
21/07/2026

HMRC rejects almost half of Making Tax Digital exemptions.

At the time of its request, a Freedom of Information request has shown that HMRC rejected 47% of applications for exemption from the MTD for Income Tax scheme. Over 1,600 taxpayers had applied for exemption due to "digital exclusion" but only 855 were approved.

759 of the approved exemptions related to taxpayers entering the system in April 2026, ahead of the first rollout phase. Applications are expected to rise as the April 2027 deadline approaches as more sole traders and landlords will be eligible due to the earnings threshold dropping from £50k (earned in the 2024/25 tax year) to £30k (earned in the 2025/26 tax year).

As digital exclusion is hard to define and evidence, please get in touch if you would like us to assist in an exemption application.

16/07/2026

Have you registered for Making Tax Digital?

The next step is finding bookkeeping software that's compliant with MTD.

Here's a short video with quick tips ...

Are you self employed?Your second payment on account is due on 31 July 2026.These are advance instalment payments toward...
14/07/2026

Are you self employed?

Your second payment on account is due on 31 July 2026.

These are advance instalment payments towards your next annual Income Tax and Class 4 National Insurance. They apply unless your tax bill is very low or you've already paid most of it through PAYE.

Late payment may incur penalties. Have you scheduled your payment?

Making Tax Digital is no longer something to prepare for "one day". It's here.If you're self-employed or a landlord with...
10/07/2026

Making Tax Digital is no longer something to prepare for "one day". It's here.

If you're self-employed or a landlord with income exceeding £50,000, the new Making Tax Digital (MTD) rules for income tax affect you. Now.

Many sole traders and landlords are asking:
- Have I been affected?
- What do I need to submit?
- Which software should I use?
- What happens if I've received a letter from HMRC?

Join our FREE webinar, "Making Tax Digital – Your Next Steps Explained," on Tuesday 18th August.

We'll explain:
- Who MTD applies to
- Digital record-keeping requirements
- Software options
- Key deadlines, including your first quarterly update
- Common mistakes to avoid

Don't wait until the return deadline is around the corner.
Reserve your place today: https://mailchi.mp/hargreavesowen/mtd-your-next-steps-explained

Tuesday 18th August, 10am - 10.30am. See you there!

As part of the government's "Great British Summer Savings" package, aimed at helping families during rising costs linked...
09/07/2026

As part of the government's "Great British Summer Savings" package, aimed at helping families during rising costs linked to the Iran war, Rachel Reeves announced a VAT cut to 5% on tickets (for adults and children) for theme parks, zoos and museums. It also includes children's tickets for the cinema, theatre, concerts and restaurant meals.

This measure will only last over the summer holidays (25th June until 1st September) and is intended to give families "a bit of breathing room to enjoy moments that matter without the same level of financial strain", according to the Prime Minister, Kier Starmer. It will cost the Government around £300m but is hoped to stimulate spending in the UK's visitor attraction sector, giving a much-needed boost to the economy.

Corporation Tax. Don’t risk being charged interest on any corporation tax you owe! If you have a 31 October 2025 account...
07/07/2026

Corporation Tax. Don’t risk being charged interest on any corporation tax you owe!

If you have a 31 October 2025 accounting year end then you should pay your corporation tax by 1st August 2026.

Have you scheduled your payment?

Pensions to be included in IHT calculations from April 2027.From April 2027, unused defined contribution (DC) pensions w...
02/07/2026

Pensions to be included in IHT calculations from April 2027.

From April 2027, unused defined contribution (DC) pensions will be counted as part of a person's estate for inheritance tax (IHT). This is a significant shift from current rules where most DC pensions fall outside the estate. Defined benefit (DB) pensions remain unaffected.

Estates above the nil rate band will face a 40% IHT charge. It is believed that 10,500 estates will pay IHT for the first time and 38,500 estates will see higher bills, averaging £34,000 extra. However, this change will only see a move from 5% to 8% of all estates paying IHT.

Are you impacted? Talk to us for tax-saving advice.

Corporation Tax. Don’t risk being charged interest on any corporation tax you owe! If you have a 30 September 2025 accou...
25/06/2026

Corporation Tax. Don’t risk being charged interest on any corporation tax you owe!

If you have a 30 September 2025 accounting year end then you should pay your corporation tax by 1st July 2026.

Have you scheduled your payment?

Address

Red Sky House, Fairclough Hall, Halls Green, Weston
Hitchin
SG47DP

Opening Hours

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

Telephone

+441462791079

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