Dalton Pardoe Chartered Accountants - Kingswinford

23/10/2026

5 Days until the Budget! Lets wait & see what will be announced as the amount of rumours out there pretty much covers everything from tax being increased to 100%🤣 or being removed entirely🤣and everything inbetween.

Fingers crossed for the small businesses though🤞

There’s a distinct sense of déjà vu with this year’s Autumn Budget. A new prime minister nearing the end of their honeymoon period; a new

18/10/2026

TAX FREE CHILDCARE

With October Half Term fast approaching, could you be paying too much for your childcare?

Through Tax-Free Childcare, families can receive up to £2,000 a year per child – or £4,000 if their child is disabled – to put towards the cost of childcare. The money can help towards the cost of holiday clubs, before and after-school clubs, childminders and nurseries, and other approved childcare schemes.

The government will pay 20% of childcare costs by topping up the money paid into a Tax-Free Childcare account. This means for every £8 paid into the online account, families will automatically receive an additional £2 in government top-up.

08/10/2026

Paper Tax Return?

Just a reminder to the 316,000 (based on last year) individuals who still file a paper tax return.

Your deadline for filing is just over 3 weeks away! (31st October 2026)

If you need a paper copy of the main Self Assessment tax return, call HMRC and request form SA100.

You can download all other forms and supplementary pages.

02/10/2026

GIFTS TO DIRECTORS' - WHATS ALLOWABLE?

It follows all the same basic principles of gifts to general employees (See previous post). However there is one major difference;

Directors have an annual Cap of £300 per year!

Therefore to maximize this you need to be considering 6 x £50 (Up to) gifts per year which can include alcohol or vouchers such as Love2Shop or Amazon.

24/09/2026

GIFTS TO EMPLOYEE'S - WHATS ALLOWABLE?

• Cost limit: It must cost £50 or less per employee to provide, including VAT. If a gift costs even one penny over £50, the entire amount becomes taxable.

• No cash: It cannot be cash or a cash voucher, though non-cash gift cards are allowed.

• Not a reward: It cannot be a reward or performance bonus for work done.

• Not contractual: It cannot be part of any contractual obligation or salary sacrifice

16/09/2026

VAT Flat Rate Scheme: Could It Work for You?

Instead of calculating the difference between the tax you charge customers and the tax you pay on purchases, you pay a fixed, industry-specific percentage of your total gross sales to HMRC.

The standard rates generally cluster between 9% and 12.5% with the lowest available rate being 4%.

You can only join he scheme if your expected VAT-taxable turnover for the next 12 months is be £150,000 or less and must leave the scheme when your turnover exceeds £230,000

https://www.gov.uk/vat-flat-rate-scheme

11/09/2026

Inheritance tax Changes from April 2027 in relation to pensions.

Under the old rules, unused pension pots were generally excluded from your estate and passed to beneficiaries completely free of Inheritance Tax (IHT).

Under the new rules starting April 2027, most leftover pension funds will be included in your estate value, meaning they can face a 40% IHT charge if your total estate exceeds the tax-free thresholds.

03/09/2026

We always like to acknowledge staff achievements but this one is the big one!!🎉🎉

All of us at Dalton Pardoe would like to wish Jack a MASSIVE congratulations on passing his final ICAEW Chartered Exam (The dreaded Case Study).

Jack can now call himself a Chartered Accountant after roughly 9 years of constant training and exams (No easy feat).

We know how hard he has worked for this and its thoroughly deserved and we could not be happier for him.

Well done Jack, you can finally have a night off from studying.🤩🍺

21/08/2026

Starting 6 April 2027, UK property and savings income will face a 2 percentage point tax increase across all bands.

Separate property income tax rates become 22% (basic), 42% (higher), and 47% (additional), mirroring the exact same 22%, 42%, and 47% rates applied to non-savings income.

13/08/2026

HMRC to start signing up MTD no-shows

HMRC has announced that, starting in September, it will sign up those taxpayers who should have joined MTD in April this year but haven’t yet registered.