Consultax Chartered Accountants

Consultax Chartered Accountants We are a forward thinking professional services company based in London & Midlands providing holisti

Registered for MTD by HMRC yet? πŸ‘€294,000 taxpayers still haven't, and HMRC starts automatic enrolment from September 202...
20/08/2026

Registered for MTD by HMRC yet? πŸ‘€

294,000 taxpayers still haven't, and HMRC starts automatic enrolment from September 2026.

βœ… 570,000+ already registered
βœ… 436,000+ have filed their first quarterly update
❌ Don't be part of the 294,000 left behind

No penalty points for late quarterly updates in 2026-27, but Self-Assessment deadlines and late payment penalties still apply.

Speak to Consultax for a free MTD consultation and make sure you're compliant, not caught out.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

UK BUSINESS OWNERS - THIS IS A BIG ONE.Still filing your company accounts manually? πŸ‘€Now is the time to start preparing....
13/08/2026

UK BUSINESS OWNERS - THIS IS A BIG ONE.

Still filing your company accounts manually? πŸ‘€
Now is the time to start preparing.

From 1 April 2028:

πŸ“ Small companies must file a Profit & Loss Account.
❌ Paper filing will no longer be available.

But here’s the good news: you have time to get ready. ⏳

πŸ‘‰ Swipe through to see what’s changing and what you should do now.

From manual today to automated tomorrow. πŸ’»
We can manage your accounts filing and help you understand what these changes mean for your business.

πŸ’Ύ SAVE this post so you don’t forget the date.
πŸ“€ SHARE it with a UK business owner who needs to know.
βž• FOLLOW us for more UK accounting & Companies House updates.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

05/08/2026

The first Making Tax Digital deadline is almost here… are you ready?

If you're a sole trader or landlord, the way you report your income to HMRC may have already changed.

Making Tax Digital for Income Tax isn't a future change, it's happening now. That means if you're affected, you'll need to:
πŸ“± Keep digital records.
πŸ’» Use HMRC-recognised software.
πŸ“Š Submit quarterly updates throughout the tax year.

The good news? Getting set up early makes the whole process much simpler and helps you avoid last-minute stress before your first submission.

Here's what you need to know:
βœ… Who Making Tax Digital applies to.
βœ… What you'll need to submit.
βœ… The deadline you need to know.
βœ… How to get compliant before your first quarterly update.

Don't wait until the deadline is around the corner, preparing now will save you time, reduce stress, and keep you on the right side of HMRC.

If you're a Consultax Chartered Accountants client, we're here to help you every step of the way. If you're not yet working with us and need guidance on Making Tax Digital, get in touch with us, we'd be happy to help.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

Still juggling multiple accountants, book-keepers and payroll providers?Every handover creates another opportunity for m...
04/08/2026

Still juggling multiple accountants, book-keepers and payroll providers?

Every handover creates another opportunity for mistakes, missed deadlines and unnecessary stress.

What if one expert team handled everything?
βœ… Book-keeping
βœ… Payroll
βœ… VAT Returns
βœ… Corporation Tax
βœ… Self-Assessment
βœ… Business Advisory

At Consultax, we connect every piece of your financial puzzle, so nothing gets missed, deadlines are met, and tax-saving opportunities don't slip through the cracks.

πŸ’Ό Less admin.
πŸ“Š Better decisions.
πŸ“ˆ More time to grow your business.

One team. One point of contact. One complete financial picture.

πŸ“– Read our latest blog to know why more UK businesses are choosing us πŸ‘‰ https://www.consultax.co.uk/blog/why-businesses-and-individuals-choose-consultax-for-all-their-uk-tax-and-accounting-needs/

πŸ‘‰ Ready to simplify your accounting?

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

Moving to the UK? This tax change could save you thousands.The UK's Foreign Income & Gains (FIG) Regime has transformed ...
24/07/2026

Moving to the UK? This tax change could save you thousands.

The UK's Foreign Income & Gains (FIG) Regime has transformed the way internationally mobile individuals are taxed.

If you're eligible, you could:
βœ… Claim up to 4 years of UK tax relief on qualifying foreign income and gains.
βœ… Bring overseas funds into the UK without triggering additional UK tax.
βœ… Maximise your tax position with smart planning before the relief expires.

⚠️ But here's what many people don't realise...

The FIG regime is not automatic. Missing the eligibility criteria, elections, or HMRC filing deadlines could mean losing the relief altogether.

Whether you're moving to the UK, returning after years abroad, or advising international clients, understanding the new rules is essential.

πŸ“– Our latest guide explains:
βœ”οΈ Who qualifies for the FIG regime
βœ”οΈ The biggest tax planning opportunities
βœ”οΈ HMRC reporting requirements
βœ”οΈ Important deadlines for the 2025/26 and 2026/27 tax years
Read blog πŸ‘‰ https://www.consultax.co.uk/blog/the-uk-foreign-income-and-gains-regime-tax-planning-opportunities-and-compliance-requirements/

πŸ’Ό Need expert guidance?

The team at Consultax Chartered Accountants specialises in helping internationally mobile individuals and businesses navigate complex UK tax rules with confidence.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

πŸš€ Still think raising startup funding is all about having a great idea?Think again.Many promising startups don't struggl...
23/07/2026

πŸš€ Still think raising startup funding is all about having a great idea?

Think again.

Many promising startups don't struggle because of their product, they struggle because investors need confidence before they invest.

That's where SEIS & EIS can make all the difference.

βœ… Up to 50% Income Tax Relief for qualifying SEIS investments
βœ… Greater investor confidence with HMRC Advance Assurance
βœ… Faster funding rounds with the right compliance strategy
βœ… Avoid costly mistakes that can delay or even derail your raise

At Consultax, we've helped founders secure SEIS Advance Assurance in as little as 3 weeks through thorough pre-compliance preparation.

If you're planning a funding round, don't leave compliance until the last minute.

πŸ“– Read our latest guide to discover how SEIS & EIS can help you attract investors, raise capital faster, and stay compliant from pre-funding to post-raise https://www.consultax.co.uk/blog/seis-and-eis-explained-a-founders-guide-to-startup-funding-from-pre-compliance-to-post-raise/

πŸ’¬ Thinking about raising investment? Drop "SEIS" in the comments or send us a DM. We're happy to help.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

Forex Trading Can Make You Money. Tax Mistakes Can Cost You More.Many UK forex traders focus on market movements but ove...
22/07/2026

Forex Trading Can Make You Money. Tax Mistakes Can Cost You More.

Many UK forex traders focus on market movements but overlook one of the biggest financial risks: HMRC compliance.

The reality is simple:

βœ… Not all forex profits are taxed the same.
βœ… Your trading activity determines how HMRC treats your income.
βœ… Incorrect reporting could lead to unnecessary tax, penalties, or an HMRC enquiry.

As HMRC gains greater access to trading data and offshore broker information, accurate record-keeping and correct tax reporting have never been more important.

A specialist forex accountant can help you:

βœ” Determine the correct tax treatment for your trading
βœ” Reconcile MT4, MT5 and cTrader reports accurately
βœ” Claim eligible tax reliefs
βœ” Prepare compliant Self-Assessment returns
βœ” Stay confident if HMRC ever asks questions

πŸ‘‰ Read the full blog to avoid costly tax mistakes and stay HMRC-compliant @ https://www.consultax.co.uk/blog/how-specialist-accountants-help-uk-forex-traders-stay-hmrc-compliant/

Trade the markets with confidence. Leave the tax complexity to the specialists.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

18/07/2026

πŸ“… July UK Accounting Deadlines Reminder

Don't let important tax deadlines catch you off guard! Here's what to remember this month:

βœ”οΈ 19 July – CIS Return, EPS & PAYE/NIC (Non-Electronic)
βœ”οΈ 22 July – PAYE/NIC (Electronic) & Class 1A NIC
βœ”οΈ 30 July – Non-Resident Landlord Returns
βœ”οΈ 31 July – Second Self Assessment Payment on Account & Corporation Tax Return (for accounting periods ended 31 July 2025)

πŸ“Œ Save this post for future reference.

πŸ“© Need support? Our team is here to help you stay compliant and avoid penalties.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

πŸ‘€ Think HMRC only checks random tax returns? Think again.HMRC's use of AI is changing the way tax investigations are car...
15/07/2026

πŸ‘€ Think HMRC only checks random tax returns? Think again.

HMRC's use of AI is changing the way tax investigations are carried out.

Your financial data is more connected than ever, allowing HMRC to identify potential risks more efficiently.

βœ” Hidden income
βœ” Errors in tax returns
βœ” Suspicious tax activity
βœ” Unusual financial patterns

AI is helping HMRC identify potential issues faster and target investigations more effectively.

Now is the time to ensure your tax records are accurate, complete, and fully compliant.

πŸ“– Want to learn more? Read our latest blog to understand what HMRC's expanded use of AI means for you and how you can stay one step ahead πŸ‘‰ https://www.consultax.co.uk/blog/hmrcs-ai-powered-tax-crackdown-uk-2026-what-businesses-need-to-know/

At Consultax, we help individuals and businesses stay compliant, accurate, and audit-ready, so an HMRC enquiry is never a moment of panic.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

Still leaving your Self-Assessment until the last minute?Every year, thousands of UK taxpayers face unnecessary stress, ...
10/07/2026

Still leaving your Self-Assessment until the last minute?

Every year, thousands of UK taxpayers face unnecessary stress, missed deadlines, and avoidable HMRC penalties. The good news? It doesn't have to be that way.

βœ… Confirm if you need to file
βœ… Register with HMRC on time
βœ… Gather the right documents
βœ… Claim every allowable expense and tax relief
βœ… File accurately before the deadline
βœ… Keep proper records for future compliance

A little preparation today can save you time, money, and a lot of stress tomorrow.

πŸ“– Read our complete step-by-step self-assessment checklist to make sure you don't miss a single step πŸ‘‰ https://www.consultax.co.uk/blog/a-step-by-step-self-assessment-checklist-for-uk-taxpayers/

🀝 Need expert support?
The team at Consultax Chartered Accountants is here to help you prepare, review, and submit your Self-Assessment tax return accurately and on time.

πŸ“… Book a Meeting: https://calendly.com/varun-consultax
πŸ“žBook a consultation via the link in bio
Get in touch: βœ‰οΈ [email protected]

Address

71-75 Shelton Street
Romford
WC2H9JQ

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 7pm

Telephone

07737450374

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