Simplex Accounting

16/10/2026

Tax doesn't have to be scary. 👻

But when you're constantly guessing what you owe, worrying about HMRC and rushing to meet deadlines, it can certainly feel that way!

The good news? A few simple habits can make a HUGE difference.

✅ Separate your tax money. Put money aside as it comes in, rather than trying to find it when the bill arrives.
✅ Keep your bookkeeping up to date. Little and often is much easier than a last-minute scramble.
✅ Know your deadlines. No nasty surprises or unexpected panic!

You don't need to become a tax expert. You just need the right systems (and the right support) in place.

Because when it comes to tax, boring is actually a GOOD thing! 😂

Want to take the fear out of your finances? Book a call with us and let's get things sorted.

15/10/2026

Your business is busy… so why aren't you making any money?

You've got customers, invoices are going out, and you're working harder than ever.

But somehow, there's never as much money left in the bank as you'd expect.

Sound familiar?

The problem is, being busy doesn't automatically mean your business is profitable.

And if you're not keeping an eye on your numbers, it's easy to miss where your money is actually going.

In our latest YouTube video, Lucy breaks down:

✅ Why a busy business isn't always a profitable one
✅ Where your money could be disappearing
✅ The difference between cash flow and profit
✅ What you can do to start keeping more of what you earn

Because the goal isn't just to bring more money into your business. It's to actually have something to show for all that hard work!

🎥 Watch the full video here:

Too much work but not enough profit? If your business is busy, your...

14/10/2026

We LOVE hearing about your big business plans. Just preferably BEFORE you've gone ahead with them!

Thinking about hiring someone? Making a big purchase? Taking more money out of your company?

These are exactly the conversations you should be having with your accountant.

Because sometimes a quick chat beforehand can save you a lot of money, stress and unexpected tax bills later.

Your accountant shouldn't just be there to tell you what happened last year. They should be helping you plan what's coming next!

If you're looking for an accountant who wants to be part of your business journey, book a chat with us: https://calendly.com/simplex-accounting/bookcall

12/10/2026

Getting sent free products as a creator? They might not always be “free” from a tax perspective 👀

If a brand sends you something in exchange for posting, reviewing or promoting it, HMRC may treat the value of that product as income.

So if you’re receiving PR packages or gifted products, get into the habit of:

📦 Keeping a record of what you receive
💷 Making a note of the approximate retail value
📱 Recording whether there was an expectation to promote it

The rules around gifted products can get a little blurry, especially when there’s no cash changing hands.

I break down how it works, when a gift could become taxable income and what creators need to know in the full video on our YouTube channel.

🎥 Watch the full video on YouTube. Link in bio!

09/10/2026

You might be paying for more personally than you need to 👀

There are legitimate expenses and benefits your limited company may be able to cover, but the rules matter.

Before automatically reaching for your personal card, have the conversation with your accountant first. You might have options you didn’t know about.

08/10/2026

Are you paying more tax than you need to?

You might be surprised by how many legitimate tax reliefs UK business owners overlook.

And we're not talking about loopholes or dodgy tricks!

We're talking about tax reliefs that already exist, but you might not know you can claim.

In our latest YouTube video, I break down 5 tax reliefs that could help you reduce your tax bill, including:

✅ Trivial benefits
✅ Employer pension contributions
✅ Annual Investment Allowance
✅ Research & Development (R&D) tax relief
✅ Capital allowances

Of course, not every relief will apply to every business, but knowing what's available could make a real difference.

Because why pay more tax than you legally need to?

🎥 Watch the full video here:

Many business owners overpay their tax simply because they aren't a...

07/10/2026

A good year is great. But what you do before the year ends can matter just as much!

If your profit is looking much higher than expected, now’s the time to be thinking about tax, how you pay yourself, what you want to reinvest and what the business needs next.

Don’t wait until the accounts are finished to have the conversation.

A good year gives you options. Give yourself time to use them.

05/10/2026

Pringles won their VAT battle with HMRC… and then HMRC fought back 👀

The original ruling said Pringles shouldn’t be treated as crisps for VAT purposes.

Big win.

But HMRC appealed, arguing that when you pick up a tube of Pringles, you’re probably not thinking about the percentage of potato or how they’re made.

You’re thinking: crisps.

The Court of Appeal agreed, overturned the earlier decision, and Pringles ended up being subject to VAT.

It’s a brilliant example of just how complicated UK VAT rules can get.

🎥 Want the full story of Pringles vs HMRC? Watch the full video on our YouTube channel. Link in bio!

02/10/2026

£100k profit is brilliant. But don’t wait until your accounts are being prepared to start thinking about what to do with it 👀

Before your year-end, there may still be time to plan for tax, pensions, hiring, investment and how much you actually want to take out of the business.

Having a better year than expected? Talk to your accountant while you’ve still got options.

30/09/2026

“I’ll just do the bookkeeping myself and save the money.”

But have you worked out what doing it yourself is actually costing you?

There’s the time spent chasing receipts, matching transactions, fixing mistakes and working out where everything goes.

There are expenses you could be missing.

Errors that can become harder to untangle the longer they’re left.

And if your bookkeeping is behind, you might not have the numbers you need to make good decisions about the business.

Saving the monthly bookkeeping fee can look cheaper at first.

But your time has a value too.

If you want bookkeeping that’s organised, up to date and easier to manage, book a call with Simplex.