EZ Accountancy

04/09/2026

📄🖋⚠️

03/09/2026

⚠️ HMRC PENALTIES ⚠️

What are some of the most common reasons people receive penalties?

🔸 Filing a Self Assessment tax return late
🔸 Paying tax after the deadline
🔸 Failing to file Company Accounts or a Confirmation Statement on time
🔸 Poor record keeping and missing receipts
🔸 Claiming expenses incorrectly
🔸 Ignoring HMRC letters
🔸 Late VAT registration or VAT returns

💷 Even one missed deadline can result in penalties ranging from £100 to potentially thousands of pounds.

Do all penalties have to be paid? Not always.

Depending on the circumstances, it may be possible to:

✅ Appeal a penalty
✅ Ask for a penalty to be cancelled
✅ Arrange a payment plan
✅ Bring overdue returns and accounts up to date and prevent the situation from getting worse

📌 The most important thing is not to ignore letters or deadlines. The sooner the issue is dealt with, the more options you may have.

If you’ve received a penalty or simply don’t know where to start, I can help with:

▪️ Self-employed clients
▪️ Limited companies
▪️ Bringing accounts and records up to date
▪️ Communicating with HMRC
▪️ Penalty appeals
▪️ Helping you avoid future penalties and missed deadlines

📩 Send me a private message to discuss your situation.

🇬🇧 I work with clients across the UK in both English and Lithuanian.

28/08/2026

📊✨️

26/08/2026

Did you know? 👀

From April 2026– April 2027,
if you are self-employed and your annual income exceeds £50,000,
👉 you will be required to submit quarterly reports to HMRC.

It doesn’t stop there 👇
From April 2027– April 2028, the threshold will be reduced to £30,000.

💡 Important: this is based on gross income, not profit.

How can you prepare?
✔️ Keep clean and up-to-date records
✔️ Track your income regularly
✔️ Move to digital accounting early

👉 Not sure if this applies to you?

Send a DM and I’ll help you understand

24/08/2026

We do love a receipt 😁

20/08/2026

18/08/2026

Esu pasiekiama ir vakarais ir savaitgaliais, todėl jei su savo buhaltere reikia susisiekti ne įprastomis darbo valandomis – galite drąsiai man parašyti.

17/08/2026

Running a business doesn’t always neatly fit into a 9-5 schedule- and sometimes you need your accountant outside those hours too 📄

I work evenings and weekends, so if you need to communicate with your accountant, ask a question or get an update, you don’t always have to wait for normal office hours.

I know many business owners are busy working during the day, so having an accountant who is available outside the traditional working day can make things that little bit easier. 💻📊

Accounting support that fits around your business.

📩 Feel free to message me to find out how I can help.

12/08/2026

🚩 HMRC Red Flags You Can’t Ignore

📌 Round numbers

Repeatedly claiming nice, even amounts like £500 or £1,000 for expenses can stand out.
Genuine business costs are usually made up of varied figures supported by receipts.

📌Your lifestyle doesn’t match your income

If you’re declaring a low income but regularly showing luxury holidays, expensive purchases or high-value assets, HMRC may question how they’re being funded.

📌 Unusually high business expenses

Claiming significantly more expenses than other businesses in your industry can trigger questions, so make sure everything is wholly and exclusively for business and properly evidenced.

📌 Frequent amendments or late tax returns

Regularly changing submitted returns or filing late can increase the chance of HMRC taking a closer look.

09/08/2026

CAN I CLAIM IT?

The question that I get often as an accountant:

Can I put bla bla through the business?

Some of the classics:

☕ Coffee - business expense or caffeine addiction?
👔 That nice suit - professional image or just a new outfit?
🐕 The dog - office security… or just a pet of the person who runs the business?
🏡 Home office - what can you claim when you work from home?
📱 Mobile phone - business expense, personal expense, or a bit of both?

I know what you’re thinking:

"Dave down the pub said it’s tax deductible"

But unfortunately his opinion is not an accounting policy.

☕️ Coffee — business expense or caffeine addiction?

Usually, your everyday coffee is a personal expense — even if you desperately need it to survive your working day! 😂 However, there are circumstances where food and drink costs can be allowable, particularly when qualifying business travel is involved.

👔 That nice suit — professional image or just your outfit?

Unfortunately, looking professional for work doesn’t automatically make clothing tax deductible. If you could also wear it normally outside work, HMRC will generally consider it personal clothing. Uniforms, protective clothing and certain costumes are a different story.

🐕 The dog — office security… or just your pet?

Calling your dog “security” doesn’t automatically turn the food, vet bills and insurance into business expenses. 😂 A genuine working guard dog may potentially qualify in certain circumstances, but your family pet keeping you company while you answer emails generally won’t.

🏡 Home office — what can you claim when you work from home?

If you genuinely work from home, you may be able to claim a proportion of certain household running costs relating to your business use. Depending on your circumstances and business structure, there may also be a simpler flat-rate option.

📱 Mobile phone — business expense, personal expense, or a bit of both?

Potentially both. If you’re self-employed and use your personal mobile for business as well as privately, you can generally claim the proportion that relates to business use. The rules can be different if you operate through a limited company.

And this is exactly why the answer to “Can I put it through the business?” is so often…

“It depends.” ✅️