Re:Accounts Ltd

28/05/2026

The self assessment tax return is set to get even bigger!

From the next tax year (2025/26), self-assessment tax returns will require more mandatory information. Some currently voluntary information will become compulsory, and new requirements will be added.

Are you affected? Explore the details here: https://buff.ly/aHENJTR

26/05/2026

Moving to a different country is exciting! There’s so much to explore, including your tax implications.

Are you moving into or out of the UK?
Would you like to simplify your international tax?

The re:accounts team is here to help you!

22/05/2026

After 15 years without a change, the Government has finally increased the approved mileage allowance rate for business drivers.

From the 2026/27 tax year, the HMRC mileage rate for cars and vans will rise from 45p to 55p per mile for the first 10,000 business miles. That’s a noticeable increase for anyone using their own car for work.

This is a long-awaited announcement given the huge increase in motoring costs since the last mileage rate update in 2011.

If you have any concerns, please talk to the friendly team at re:accounts. We stay up to date with all the current rates and allowances and are happy to reassure you or outline the steps you need to take.

21/05/2026

Can you trust AI with your tax return?

A recent survey of 1,000+ UK taxpayers found 59% of participants plan to use AI to help with their Self Assessment tax return. However 81% still want access to qualified professionals. Most people understand that human overview is important.

While AI sounds attractive, it’s not always reliable and tax return mistakes can be costly. There is, however, a place for using AI …

Read more: https://re-accounts.co.uk/should-ai-calculate-your-tax-reaccounts-accountants-stevenage/

19/05/2026

A warning to landlords ...

HMRC has cautioned UK landlords, confirming it will clamp down robustly against property owners who transfer properties to limited liability partnerships to evade tax.

HMRC said: ‘Anyone using this or similar schemes is strongly advised to withdraw from it and settle their tax affairs by emailing HMRC and we will tell you what further information we require.’

Are you a property landlord?

Whether you own a single rental property or a portfolio, it is worth seeking professional advice to ensure you comply with tax requirements. The tax experts at re:accounts Chartered Accountants in Stevenage are here to help. Contact us for an initial discussion without obligation.

14/05/2026

Worried about cashflow?

Don't lose sleep - give us a call. There are lots of tips we can offer to help with cashflow.

Contact us for a free, informal discussion. We're here to reassure and offer practical, expert advice to help you.

[email protected] or 01438 218843

12/05/2026

Six ways to tackle late payments.

For small businesses, late payments can be the difference between surviving and thriving. They remain one of the biggest hazards for SMEs in 2025 with over £20 billion in unpaid invoices at any given time. That’s a huge amount of debt!

Here's what you can do to help payments arrive on time:

Late payment can cripple small businesses. Here’s how to help payments arrive on time. Six expert tips from re:accounts Chartered Accountants, Stevenage

07/05/2026

A warning to landlords.

Everyone would like to pay as little tax as possible. However, any methods used to minimise your tax liability must be legal.

HMRC has cautioned UK landlords, confirming it will clamp down robustly against property owners who transfer properties to limited liability partnerships to evade tax.

Read more: https://re-accounts.co.uk/hmrc-warning-for-uk-property-landlords/

05/05/2026

P11D forms are with us for a bit longer!

The government has decided to hold off on making companies report benefits in kind through payroll for now. You won’t have to switch to the new system until April 2027 … that’s a delay of almost two years.

Does your business need to report benefits in kind?

Talk to the friendly payroll experts at re:accounts. We’ll help you get ready for the big switch over!

30/04/2026

Sales scam alert!

There are so many scams to watch out for. Delivery companies, phone suppliers, banks ... the list is seemingly endless. Scammers also pretend to be from HMRC and Companies House.

What should you do?

You can report suspicious HMRC communication: https://buff.ly/2Vjkt7Q

Email Companies House about suspicious contact: [email protected]

Action Fraud is a central point of contact for reporting scammers and for information about fraud and financially motivated internet crime. Visit their website: https://buff.ly/2l4UJrZ

Please be careful and naturally suspicious.