Singletree Accountants

13/07/2026

🚨 Self Assessment Reminder

If you make payments on account, your second payment is due by 31 July.

Do not leave it too late. Missing the deadline can lead to:

✅ HMRC interest
✅ Penalties
✅ Cash flow pressure
✅ Unnecessary stress

Check your HMRC online account now and make sure you know whether a payment is due.

If your income has reduced, you may be able to reduce your payments on account — but it must be done carefully.

Need help checking your tax position?

📞 Call Singletree Accountants: 0204 531 7317
🌐 www.singletreeaccountants.com
📧 [email protected]

06/07/2026

Ali Tekagac, Singletree Ltd

Tax Advice From Social Media? Be Careful Before You Act.

Social media is full of quick “tax tips”, “loopholes” and financial advice from so-called finfluencers.

Some advice may look helpful, especially when it promises to reduce tax or increase refunds. But if the advice is wrong, misleading or not suitable for your circumstances, you remain responsible.

HMRC can still charge the tax, interest and penalties — even if you followed advice you saw online.

Before acting on any tax advice, always ask:

✅ Is this person qualified?
✅ Does this advice apply to my exact situation?
✅ Is this proper tax planning or risky tax avoidance?
✅ Do I have evidence and records to support the claim?
✅ Would HMRC accept this if they opened an enquiry?

Good tax advice should protect you — not put you at risk.

At Singletree Accountants, we help individuals and businesses get clear, practical and compliant tax advice.

📞 Call us: 0204 531 7317
🌐 Visit: www.singletreeaccountants.com
📧 Email: [email protected]

Singletree Accountants
Modern Accounting. Clear Advice. Trusted Support.

Short Caption Version

Be careful with tax advice from social media.

A quick “tax hack” from a finfluencer can become an expensive HMRC problem if it is wrong, misleading or not suitable for your situation.

Always check tax advice with a qualified accountant before acting.

Speak to Singletree Accountants today.

📞 0204 531 7317
🌐 www.singletreeaccountants.com

Main article:
https://www.accountancydaily.co/what-happens-when-clients-rely-bad-tax-advice-finfluencers

HMRC bad tax advice campaign:
https://dontgetcaughtout.campaign.gov.uk

FCA warning list:
https://www.fca.org.uk/consumers/warning-list-unauthorised-firms

29/06/2026

HMRC & Companies House Update: Businesses Must Get Digitally Ready
HMRC and Companies House are continuing to move towards a more digital tax and filing system.
Recent updates include:
✅ HMRC consultation on making VAT and PAYE payments by Direct Debit
✅ HMRC focus on lower-value tax debts and compliance
✅ Companies House confirming software-only accounts filing from April 2028
✅ More pressure on businesses to keep records accurate, digital and up to date
For business owners, this means bookkeeping, payroll, VAT and company accounts need to be properly maintained throughout the year — not left until the deadline.
At Singletree Accountants, we help businesses stay compliant, organised and prepared for future changes.
📩 Need support with accounts, bookkeeping, VAT or payroll?
Speak to Singletree Accountants today.
Singletree Accountants
Modern Accounting. Clear Advice. Trusted Support.
Sources: HMRC published its Tax Update 2026 collection on 23 June 2026, including consultations on VAT/PAYE Direct Debit and lower-value tax debts. Companies House has also confirmed that from April 2028, UK companies will need to file accounts using commercial software in iXBRL format.
Short Caption
HMRC and Companies House are moving further towards digital compliance.
Businesses should keep their bookkeeping, payroll, VAT and accounts records accurate, digital and up to date.
At Singletree Accountants, we help businesses stay compliant and ready for change.

22/06/2026

UK Political Change: What Businesses Should Focus On Now

Following the resignation of Prime Minister Sir Keir Starmer, many business owners will naturally be asking what this could mean for the economy, tax policy, investment, and future government support.

At this stage, markets have reacted relatively calmly, but periods of political change can still bring uncertainty for businesses — especially around:

• Tax and fiscal policy
• Interest rates and borrowing costs
• Government spending priorities
• Business confidence and investment decisions
• Employment, payroll, and compliance changes

For business owners, the key message is simple: do not panic, but do prepare.

Now is a good time to review your cash flow, tax planning, budgets, and business forecasts so you can make decisions based on numbers rather than uncertainty.

At Singletree Accountants Ltd, we help businesses stay financially prepared during periods of economic and political change.

Need clarity on your business finances? Speak to Singletree Accountants.

08/06/2026

🚨 HMRC UPDATE FOR EMPLOYERS

HMRC has confirmed that the mandatory payrolling of Benefits in Kind (BiKs) has been postponed until April 2027.

While the delay provides businesses with additional preparation time, employers should not view this as a reason to wait. The move towards real-time reporting remains a significant change that will affect payroll processes across the UK.

Benefits that may be impacted include:

✔ Company Cars
✔ Private Medical Insurance
✔ Employee Benefit Schemes
✔ Other Taxable Benefits

What should employers do now?

🔹 Review current employee benefits
🔹 Assess payroll software capabilities
🔹 Ensure accurate benefit reporting processes
🔹 Prepare for the transition to real-time reporting

Businesses that start planning early are likely to experience a smoother transition and reduce the risk of compliance issues when the new rules take effect.

If you're unsure how these changes could impact your business, our team at Singletree Accountants is here to help.

📞 0204 531 7317
📧 [[email protected]](mailto:[email protected])
🌐 [www.singletreeaccountants.com](http://www.singletreeaccountants.com)

27/05/2026