ACE Accountancy & Tax Services Limited

30/04/2026

10/04/2026

Did you know you can pay over 60% tax in the UK? 🤯
If you earn between £100,000 and £125,140, this is the UK’s most painful tax trap.

In this band, for every £2 you earn, you lose £1 of your personal allowance.

That creates an effective income tax rate of 60%
👉 and over 60% once National Insurance is included.

The good news?
✅ There are perfectly legal ways to mitigate this
✅ With the right planning, pensions, income timing, and structure you can keep far more of your money.

📩 DM me “100K” and I’ll send you a free guide showing exactly how to reduce this trap.

01/04/2026

As we approach the end of the 2025/26 tax year, here are 5 quick checks to make sure you’re making the most of the allowances available to you:

1️⃣ Review your salary
Make sure your director’s salary is set at the most tax‑efficient level for the year.

2️⃣ Use your pension allowance
Pension contributions can be a powerful (and compliant!) way to reduce Corporation Tax while building long‑term wealth.

3️⃣ Declare any final dividends
If you’re planning dividends before 5 April, review your available profits and tax thresholds.

4️⃣ Use your trivial benefits allowance
Up to £50 per gift, £300 per director per year a simple way to extract value tax‑free.

5️⃣ Annual event exemption
A staff event up to £150 per head (including directors) is allowable when meeting the criteria.

If you need help with any of this, send me a DM I’m here to keep things calm, clear, and in control.

⚠️ Disclaimer
This post is for general information only and should not be taken as personal tax advice. Always seek tailored guidance based on your circumstances.

27/03/2026

Can’t afford an accountant yet?

Here are 5 simple habits that will save you stress, time, and tax later:

1️⃣ Separate business + personal finances
Keep your business transactions clean. It makes bookkeeping, tax, and future funding 10x easier.

2️⃣ Open a proper business bank account
It looks more professional, avoids confusion, and gives you clearer cashflow visibility.

3️⃣ Snap receipts as you go
Whether you use your phone or an app, this stops you losing paperwork and keeps expenses accurate.

4️⃣ Do your bookkeeping little and often
10 minutes every few days beats hours at year‑end. You’ll always
know exactly where you stand.

5️⃣ Review your weekly cashflow
Check what’s coming in, what’s going out, and what’s left. This gives clarity, control, and confidence.

✅ Want some personal help?
Comment “TIPS” and I’ll send you the link to book a free 30‑minute consultation with me packed with value, guidance, and simple steps to get your finances under control.

No pressure. No jargon. Just support.

17/03/2026

🎧 Sole Trader vs Limited Company (at £100k Profit)

Sole Trader
✔️ Super quick + simple to start
❌ Higher tax + NI around £100k
❌ Taxed on all profit in the year you earn it
❌ And from April 2026, sole traders earning over £50k must follow MTD rules digital records + quarterly updates instead of one annual return. 1
Great early on, but can get expensive as profits grow.

Limited Company
✔️ Often more tax‑efficient at £100k you can split income between salary + dividends
✔️ Flexibility to spread dividends over tax years, so you control when income is taxed
✔️ Stronger protection + more professional image
A bit more admin, but usually wins once profits rise.

If you want the numbers made simple, I’ve got you.

Disclaimer:
This post is for general guidance only and doesn’t constitute personal tax advice. Tax outcomes depend on your individual circumstances. Always speak to a qualified professional before making decisions about business structure or tax planning.

13/03/2026

If you own a rental property as a couple, you could be paying thousands more than you need to.

HMRC automatically taxes married couples and civil partners 50/50 even if one of you actually owns more of the property.

To change this, you must:
1️⃣ Create a Deed of Trust to show the real ownership split.
2️⃣ File Form 17 with HMRC within 60 days no extensions.
Important: Form 17 does not apply to unmarried couples.

Disclaimer: For educational purposes only always get tailored advice from a qualified accountant and a licensed conveyancer/solicitor.

06/03/2026

How many tax allowances are you actually using?

Most business owners can name 1 or 2.

In reality, there are often 10–12 legitimate tax allowances available — and most people never review them after setup.

These aren’t loopholes.
No schemes.
No aggressive planning.

Just understanding the rules properly.

If you’re earning £50k+, this is something you should be reviewing regularly, not once every few years.

Comment “ALLOW” and I’ll send you a free guide.

04/03/2026

If your business finances feel messy, here’s why 👇

It’s rarely because you’re “bad with money”.

What I usually see is:

Personal and business spending mixed together

No separate tax pots for VAT, Corporation Tax or Self Assessment

Xero set up just enough to get by not enough to give clarity

Scrambling at year‑end because nothing feels under control

The good news?
This isn’t about working harder or learning accounting.

A few simple setup changes can: ✅ Calm the chaos
✅ Make your numbers clearer month‑to‑month
✅ Avoid tax shocks
✅ Save time (and fees) at year‑end

I’ve created a free, practical guide that covers:

How to keep personal and business finances separate

Setting up tax pots properly

The most common Xero setup mistakes I fix for clients

What a “clean” setup actually looks like

👇 Comment SETUP and I’ll send it over.

27/02/2026

Still unsure whether to be a sole trader or a limited company?

⚠️ This decision could cost you thousands if you get it wrong.

Being a sole trader is simple and cheap to start, but with Making Tax Digital expanding from April 2026, admin and compliance are only going one way up.

A limited company can offer more protection, tax planning flexibility, and long‑term options but it’s not automatically the right move for everyone.

👉 The right structure depends on your income, risk, plans for growth, and how you want to take money out of the business.

Comment “STRUCTURE” and I’ll send you a free guide with a clear roadmap to help you decide.

Or, if you want tailored advice, book a free 30‑minute consultation and we’ll look at your specific circumstances.

26/02/2026

Side hustle doing well?
Here’s where HMRC get interested.

When your “little extra income” starts turning into real money, HMRC expect you to treat it like a business.
Once you earn over £1,000 in a tax year, the Trading Allowance no longer covers you and HMRC want you registered and reporting it.

As things grow:

You’ll pay tax + NI on your profits
You may get hit with payments on account
You need proper records
And you must file a Self Assessment by 31 January

A strong side hustle is great just don’t let HMRC tap you on the shoulder later.

DM me “HUSTLE” and I’ll send you my free Side Hustle Starter Guide.