Lentells Accountants

02/06/2026

Alert for employers: small gifts up to £50 can be tax-free if you tick the right boxes. It's about goodwill, not rewards. Find out why your Christmas treats might not cost extra tax.

Employers looking to provide staff with small gifts or seasonal tokens of appreciation should remember the rules for tax-free trivial benefits. A benefit can qualify as a trivial benefit where all of the following conditions are met: the benefit costs £50 or less;

01/06/2026

Mileage pay just got a boost! From 6 April, approved mileage rates for cars and vans have risen to 55p per mile for the first 10,000 miles. If you use your own vehicle for work, this could mean more money in your pocket. Curious how this affects you and the rules around mileage allowances? Read on to find out more.

The Chancellor of the Exchequer, Rachel Reeves updated Parliament on 21 May 2026 on the Government’s economic response to the war in Iran and the wider measures being taken to support households and businesses with rising cost pressures. One of the measures announced was an increase in appr

29/05/2026

Missed our recent medical seminars? Or want to revisit key points?

All the resources – including slides, guides and practical tools for GP practices – are now available on our website.

Take a look here 👇
https://www.lentells.co.uk/medical/2026-spring-seminar-resources

28/05/2026

Hidden changes in tax rules may mean many could be paying more tax without noticing. Wage rises might be pushing you into higher tax bands — find out why it matters now.

The freezing of tax thresholds can result in a phenomenon commonly referred to as 'fiscal drag'. This occurs when tax allowances and rate bands remain unchanged while wages and inflation increase. As earnings rise, more taxpayers are ‘dragged’ into paying tax or moving to high

26/05/2026

Urgent update for self-employed and landlords: Your choice of software for Making Tax Digital matters. Find out what features to look out for and why some can even link spreadsheets directly with HMRC. Ready to make the switch? Read on to see which tools suit you best.

Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals and landlords. Since 6 April 2026, taxpayers with qualifying business or property income exceeding £50,000 are required to maintain digital records and submit quarterly updates to HMRC using compatibl

22/05/2026

Huge congratulations to Nadia and Harvey from our Taunton office who have both recently passed their final exams to become AAT Qualified🌟

21/05/2026

Alert: You might need to register for self-assessment even if you're mostly taxed through PAYE. Got business profits or untaxed income? Find out why this matters now and what you need to do. Read on to check if this applies to you.

Depending on your income and circumstances, you may need to register for self-assessment. This may be the case even if most of your income is taxed through PAYE.

20/05/2026

We can’t believe it’s been 3 weeks since we wrapped on our Spring Seminars for Practice Finance Staff! 🩺

A huge thank you to everyone who joined us and to our guest speakers from Porter Dodson, NatWest and ApolloIQ.

Watch this video to see where we went and what the seminars are about👀

19/05/2026

Alert: You can reduce your Inheritance Tax bill with clever gifting! Did you know you could pass on up to £6,000 tax-free if you haven't used last year's allowance? Plus, there are special gifts for weddings and small cash gifts each year. Curious how this could help your family? Read on to find out why these allowances matter now.

Making gifts during your lifetime can be an effective way to reduce the value

18/05/2026

We were delighted to support Vale of Taunton & Banwell Harriers Fundraising Point to Point, held at Cothelstone last week 🐎

Thank you to the organisers for running a great event and
congratulations to all the race winners🥇