ICM Accountancy

ICM Accountancy Accountants Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall.

15/07/2026

Top UK Tax & HMRC Updates Every Small Business Must Know | July 2026

First MTD Deadline is Approaching – Don't Miss the 7 August 2026 Submission
14/07/2026

First MTD Deadline is Approaching – Don't Miss the 7 August 2026 Submission

Digital Records: The Smartest Way to Reduce Tax Errors
10/07/2026

Digital Records: The Smartest Way to Reduce Tax Errors

Could Self Assessment Tax Payments Be Changing? Here's What You Need to Know
10/07/2026

Could Self Assessment Tax Payments Be Changing? Here's What You Need to Know

Earning Over £1,000? | HMRC Side Hustle Tax & New Rules Explained
10/07/2026

Earning Over £1,000? | HMRC Side Hustle Tax & New Rules Explained

That "side hustle" income? HMRC is keeping tabs on it.The Reality Check:Most people start a side business for extra cash...
08/07/2026

That "side hustle" income? HMRC is keeping tabs on it.

The Reality Check:
Most people start a side business for extra cash, not extra paperwork. But ignoring your tax duties doesn't make them go away—it just leads to unexpected penalties and massive stress.

The Golden Rules:
The £1,000 Threshold: Make over £1,000 a year (before expenses)? You likely need to report it to HMRC.
Registration: Sole traders & partners must register where required.
Tax Types: Self Assessment applies to taxable profits, while Limited Companies pay Corporation Tax.
Future Changes: A new online reporting service is coming by 2029 for side-incomes between £1,000 and £3,000.

The Solution:
Don't let tax stress stall your growth. We’ll handle the compliance and maximize your write-offs while you focus on earning.

Call to Action:
Let’s protect your hard-earned income.
👉 www.icmaccountancy.com
📞 0161 850 3838

Planning a Company Property Sale? Don't Get Caught by Surprise Taxes!
07/07/2026

Planning a Company Property Sale? Don't Get Caught by Surprise Taxes!

Corporation Tax Deadline is Almost Here – Pay Before 1 August 2026 to Avoid Interest
07/07/2026

Corporation Tax Deadline is Almost Here – Pay Before 1 August 2026 to Avoid Interest

STOP scrolling if you pay UK Self Assessment! HMRC just silently changed the rules for Making Tax Digital (MTD).If you t...
06/07/2026

STOP scrolling if you pay UK Self Assessment! HMRC just silently changed the rules for Making Tax Digital (MTD).

If you thought you were automatically exempt from MTD because of "averaging relief"—think again. Fresh guidance reveals that a lot of self-employed taxpayers and partners are no longer automatically safe.

You need to check your status immediately before the automated penalty systems kick in. Don’t wait until it’s too late.

Let ICM Accountancy help you get MTD-ready today! 📲

Both parties are VAT-registered, so you’re safe, right? Wrong. The  #1 mistake UK contractors make with the Domestic Rev...
06/07/2026

Both parties are VAT-registered, so you’re safe, right? Wrong.
The #1 mistake UK contractors make with the Domestic Reverse Charge is forgetting this one crucial piece of paperwork.

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