Lakeview Accountants

09/07/2026

12/06/2026

📢 Is your business ready for Making Tax Digital?

Many of our affected sole traders and landlords are now adapting to digital record-keeping and quarterly updates.

If you’re unsure whether MTD affects you, now is the time to check as we approach the end of the first quarter, first filing deadline is 7 August 2026.

04/06/2026

A gentle reminder for Self Assessment taxpayers

If you received a Winter Fuel Payment, it may be worth checking whether it needs to be included on your tax return.

With the Self Assessment rules changing from time to time, it’s easy to overlook certain payments or allowances.

If you’re unsure what needs to be reported, we’re always happy to help and answer any questions.

📞 Get in touch with our team for friendly, straightforward advice.
01732 760 387
[email protected]

22/05/2026

If you need to use your car for work (not simply just for travelling to or from work) you'll now be able to claim tax relief on 55p per mile for the first 10,000 miles driven in the tax year. This is up 10p from 45p per mile. Although only announced this week it can be backdated to 6 April 2026.

30/04/2026

📢 Reminder for parents of 16–19 year olds:

If your teenager is continuing in approved education or training after their GCSEs, you’ll need to extend your Child Benefit claim to keep receiving payments.

Child Benefit will automatically stop on 31 August after your child turns 16 unless you confirm their plans with HMRC.

This applies to approved full-time education (such as A-levels or equivalent) or certain training programmes (but not higher education like university).

Make sure you respond to HMRC’s letter or update your details online to avoid any interruption to your payments.

If you’re unsure whether your child’s course qualifies, it’s worth checking or seeking advice.

28/04/2026

Unpopular opinion from an accountant: doing your own Making Tax Digital isn’t saving you money it’s costing you 💸

Yes, you can do it yourself.

But if you charge £75 an hour and spend five hours a month on MTD, that’s £375 gone. Every month. On admin ⏳

Add software fees and suddenly “DIY” isn’t cheaper it’s just unpaid work 😬

And that’s before mistakes, missed reliefs, or zero tax planning 📉

So, when you say you’re saving money… you’re not.

You’re just choosing to be your own lowest-paid employee 👀

The real question isn’t “Do I need an accountant?”

It’s: why are you doing £75 an hour work for free? 🤔

If you or someone you know are having this self-debate, feel free to get in contact and call the office on 01732 760387

20/04/2026

P11D season is here 📊

Don’t forget the deadline for submitting your P11D forms is 6 July. If you’ve provided employees with benefits or expenses (company cars, private medical insurance, interest-free loans and more), you’ll need to report them accurately to HMRC.

✔ Review all employee benefits
✔ Check for any taxable expenses
✔ Submit on time to avoid penalties

If you need support with your P11D submissions, now’s the time to get it sorted.

13/04/2026

Chasing rainbows 🌈✨

A reminder that even after the rainy days, there’s always something bright waiting on the other side.

In accountancy (and life!), it’s all about perspective. Finding clarity, balance and those little moments that make it all worthwhile.