S R Willson & Co Accountants

22/05/2026

REMINDER: If your combined turnover from self-employment and property is over £50,000 in the 24/25 tax year, you’ll need to use recognised software, keep digital records from this month, and send quarterly updates (first deadline is 7 August). 📢

Act now and sign up for Making Tax Digital so you’re prepared. ⬇️

https://makingtaxdigital.campaign.gov.uk/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd

08/05/2026

📣 Sole Trader Businesses 📣..
Did you know that there are advantages to having your year-end accounts and tax return for the 2025/2026 tax year completed sooner?
👍 It can help with financial planning for the year ahead
👍 You don't have to pay your tax bill at the same time the return is submitted
👍 It gives you time to plan the tax payment
👍 If you're owed a refund you'll get it sooner..

28/04/2026

📣 Employers 📣..
You must provide a 2025/2026 form P60 to employees who were employed at 5th April 2026, by 31st May..

10/04/2026

✅ Serving clients across Lincolnshire from our office in Louth ✅..
Contact us today:
📞 01507 435999
📧 [email protected]..

02/03/2026

📢 Making Tax Digital (MTD) for Income Tax is coming soon 📢

MTD for Income Tax is a new way of reporting income and expenses to HMRC if you’re a sole trader or landlord.

👉 You’ll need to:
• Use software that works with Making Tax Digital for Income Tax
• Keep digital records of your business income and expenses
• Send HMRC quarterly updates
• Continue to submit a tax return and pay tax due by 31st January the following year

✅ If you have a qualifying income of more than £50,000 in the 2024 to 2025 tax year, you must start using Making Tax Digital for Income Tax by 6th April 2026.

✅ If you have a qualifying income of more than £30,000 in the 2025 to 2026 tax year, you must start using Making Tax Digital for Income Tax by 6th April 2027.

We are an established Xero Software Silver Partner and able to support you with the transition to Making Tax Digital. ..
Contact us on:
📞 01507 435999
📧 [email protected]..

18/02/2026

🌿 Ensuring clients receive a great service is at the heart of what we do. 🌿..
Contact us on:
📞 01507 435999
📧 [email protected]..

06/02/2026

📎 Do you own a business or know someone that does?..
Like & share our page for the latest accountancy and bookkeeping updates. 🌿..

20/01/2026

📢 Companies House fees are changing from 1 February 2026 📢

As part of this, the Companies House Confirmation Statement Digital Filing Fee will increase to £50.

Further details can be found here: https://changestoukcompanylaw.campaign.gov.uk/changes-to-companies-house-fees/

05/01/2026

⌛ Do you still owe your self-assessment tax to HMRC? ⌛..

31/12/2025

19/12/2025