Right Accounts

31/05/2026

👨‍👩‍👧‍👦 Families could pay less this summer – temporary VAT cut announced

From 25 June to 1 September 2026, the government is temporarily reducing VAT from 20% to 5% on certain children's meals and family activities.

This could affect:

🍽 Children's meals in restaurants and cafes
🎬 Children's cinema tickets
🎭 Theatre performances and shows
🦁 Zoos, museums and attractions
🎡 Theme parks, soft play and family activities

What does this mean?

✅ Children's meals on dedicated children's menus may qualify

✅ Family tickets (for example 2 adults + 2 children packages) may qualify

✅ Many family attractions may temporarily charge reduced VAT

❌ Adult meals do NOT qualify

❌ Takeaways do NOT qualify

❌ Sports activities remain excluded

⚠️ Important:

The reduced VAT rate only applies between:

📅 25 June – 1 September 2026

If you run:

• a restaurant
• soft play
• family attraction
• entertainment venue
• tourism or hospitality business

…it may be worth reviewing whether these rules affect your pricing and VAT treatment.

📩 Not sure whether your business qualifies? Contact Right Accounts and we can help review your position.

28/05/2026

🚗 Business mileage rates are increasing from April 2026 – here’s what you need to know.

Good news for employees and self-employed individuals claiming business mileage 👇

From 6 April 2026, HMRC mileage rates for cars and vans will increase:

✅ 55p per mile for the first 10,000 business miles
(previously 45p)

✅ 25p per mile after 10,000 miles
(no change)

What does this mean?

If you:

✔ use your own vehicle for business travel
✔ are self-employed
✔ claim mileage instead of actual vehicle costs
✔ travel for work as an employee

…you may be able to claim more tax relief.

Other rates remain unchanged:

🏍 Motorcycles → 24p per mile
🚲 Bicycles → 20p per mile
👥 Passenger payments → 5p per passenger per business mile

Example:

10,000 business miles in 2025/26 = £4,500 claim

10,000 business miles in 2026/27 = £5,500 claim

👉 That’s an extra £1,000 of allowable expenses.

⚠️ Important:
These rules apply only where mileage basis / simplified expenses are being used. They do not apply to everyone.

Not sure whether mileage or actual vehicle costs would be more tax-efficient for you?

📩 Get in touch with Right Accounts – we can help you review your situation and make sure you are claiming correctly.

10/05/2026

James launched his limited company with big dreams and a flashy new logo… but no accountant.

He figured he’d “just sort it all out later.”

That decision?
It ended up costing him over £7,000 in fines, missed claims, and bad tax decisions.

Here’s how the horror unfolded:

👻 He filed his company accounts late – twice.
£1,500 in Companies House and HMRC penalties.
He said, “I didn’t even know there were two separate deadlines.”
(Hint: There are.)

👻 He didn’t write off a £3,200 bad debt
One client ghosted him entirely, but James didn’t know he could write it off against profits.
That meant he paid tax on income he never received.

👻 He bought a car through the business... the wrong way.
It was a personal-use vehicle with minimal business mileage, and he didn’t take advice.
Boom: massive Benefit-in-Kind tax bill.
AND he couldn’t reclaim the VAT.
That shiny new car ended up costing double.

👻 He never claimed pre-trading expenses.
James had spent nearly £1,000 setting up — laptop, website, software, branding.
Had he known, he could’ve reclaimed them once the company was incorporated.
He didn’t.
Money down the drain.

👻 He forgot about Corporation Tax altogether.
Until the brown envelope arrived.
It was due.
Two months ago.
And he had already spent the money.

At this point, James was drowning.

The numbers were messy.
His cash flow was all over the place.
And he was scared to even open his emails.

So, he did what he should’ve done from day one:
📞 He called us.

We untangled the chaos, negotiated with HMRC, backdated what we could, and put systems in place to make sure he never ends up in that mess again.

Now?

✔️ His finances are automated
✔️ His taxes are planned in advance
✔️ He knows exactly what he owes—and when
✔️ He’s paying LESS tax, not more

Moral of the story?
If you’re a limited company owner trying to do this all alone—don’t wait until it turns into a full-blown horror story.

📩 Send us a message.
We’ll clean up the chaos and make sure your business is financially bulletproof.

07/05/2026

⏳ Still haven’t set up your Government Gateway account?

Delaying it could hold up your tax returns, access to HMRC services, or even refund payments. It’s a small task that can cause BIG problems if ignored.

Swipe to find out why it’s so important to get yours set up and sorted 👇

03/05/2026

Su Motinos diena 🌸

Būti mama – tai vienas svarbiausių vaidmenų gyvenime 💛

O būti mama ir kurti savo veiklą – dar didesnis iššūkis.

Didžiuojuosi visomis stipriomis mamomis, kurios kasdien suderina šeimą ir darbą 👏

Ačiū, kad esate kartu su Right Accounts 💛

28/04/2026

24/04/2026

Paying Tax Is a Good Thing – Here’s Why 💬

We know… no one loves handing money over to HMRC. But if you’re paying tax, it means one thing:

👉 Your business is profitable.

That’s not a bad place to be.

It means:

✅ You’re generating real income

✅ You’ve built something sustainable

✅ You’re now in a position to invest, grow, or even sell your business one day

Profit = potential.

It’s what gives you options. Whether that’s:

🔹 Taking on a team

🔹 Reinvesting in better tools or marketing

🔹 Saving for your dream exit

We’re not saying you should overpay – in fact, we’ll help you legally reduce your bill

wherever we can…

But we are saying: if you’re paying tax, you’re already doing better than most. 👏

Let’s make sure you’re:

✔️ Keeping your profit margins healthy

✔️ Planning your tax wisely

✔️ Building something that lasts

📩 Ready to take control of your numbers and turn profit into long-term growth? DM us and let’s chat!

21/04/2026

Running a business can feel like a constant juggle... finances, taxes, strategy, hiring…

it never ends. But here's the good news: you don’t have to do it solo.

Whether you're just starting out or scaling up, our accountancy firm is here to support you in the ways that matter most.

Here are 5 ways we can work together to help your business grow smarter, not harder:

1️⃣ We’ll sort the chaos
Messy books? Late returns? No idea what’s going on with your numbers? We clean it up, get you back in control, and help you actually understand what’s happening behind the scenes.

2️⃣ We save you money (legally)
Through smart tax planning, allowable expenses, and choosing the right business structure, we make sure you’re not paying more tax than you need to.

3️⃣ We help you grow
Forecasting, cash flow planning, and big-picture financial advice—so you can make informed decisions with confidence.

4️⃣ We give you back your time
With cloud accounting tools and streamlined systems, we reduce your admin and free up hours in your week (no more chasing spreadsheets at midnight).

5️⃣ We’re your financial sounding board
Need to make a big decision? Thinking of hiring? Launching a new offer? We’ll walk you through the numbers and help you figure out what makes the most sense.

✨ Whether you're a startup, freelancer, or scaling service business—we tailor everything to YOU.

📩 Ready to feel supported and in control again?

Drop us a message or hit the link in bio to book your free discovery call today.

Let’s make your business feel lighter.

14/04/2026

🚨 Beat the tax rush — and save 20%

Early birds get more than peace of mind 👇

Book your Self Assessment early and get 20% OFF — because being organised should save you money, not just stress.

✔️ No January panic
✔️ Time to plan your tax bill
✔️ Fully MTD-ready practice — future-proof your finances

Whether it’s your first return or not — get it done properly, and early.

🗓 Offer ends 31 May

📩 Message me to secure your spot or book via link https://www.right-accounts.co.uk/tax-return-form

05/04/2026

Happy Easter 🐣

Hope your day is filled with family time, good food… and maybe a little chocolate too 🍫😉

Thank you for being part of Right Accounts — your support means a lot 💛