Penney's Accountancy Ltd

02/09/2026

🍂 September Is Here. What’s Changing for Business?

September often feels like the real start of the business year.

Summer is winding down, plans are picking back up and there are already plenty of financial developments for business owners to keep an eye on.

From the upcoming Autumn Budget to new measures affecting trades, we will be watching the changes and helping our clients understand what actually matters.

You run the business. We will help you keep on top of the numbers.

🌐 penneysaccountancy.co.uk

31/08/2026

🍂 Start September in Control

September is nearly here, but is your business financially ready for the months ahead?

Before the new month begins, take a moment to review:
✅ Your bookkeeping
✅ Outstanding invoices
✅ Upcoming tax payments
✅ Payroll commitments
✅ Cash flow forecasts
✅ Your plans for the rest of the year

A little preparation now can provide much greater clarity later. Need help getting everything in order? Speak to Penney’s Accountancy.

28/08/2026

⚡ VAT Is Coming Off Domestic Electricity

The Government has announced that VAT will be removed from domestic electricity bills from 1st October 2026.

It is important to note that the confirmed announcement relates to domestic electricity, rather than general business electricity bills. This distinction is exactly why it pays to look beyond the headline before making financial assumptions.

At Penney’s Accountancy, we help you understand which changes genuinely apply to you and your business.

27/08/2026

📰 Do Not Build a Business Plan on a Headline

With a new government and a Budget approaching, there will be plenty of predictions, rumours and opinions. Before changing your prices, spending plans or business structure, wait for the confirmed detail and understand how it applies to your circumstances.

Every business is different, and a national announcement may not affect everyone in the same way.

Need help separating the facts from the headlines? Speak to Penney’s Accountancy.

26/08/2026

🧾 One Business, Lots to Keep Track Of

🧾 VAT
👷 CIS
💷 Payroll
📚 Bookkeeping
📆 Tax returns
📊 Management accounts

Running a business comes with a long list of financial responsibilities. You do not need to manage every deadline and requirement alone.

Penney’s Accountancy can provide practical support across your business finances, giving you more time to focus on your customers and future growth.

25/08/2026

📊 Are You Making Decisions With Up to Date Figures?

It is difficult to plan confidently when your financial information is several months behind. Up to date accounts can help you understand:

✅ How the business is performing
✅ Whether cash flow is improving
✅ Which costs are increasing
✅ What money may be available to invest
✅ Whether your plans are financially realistic

The clearer your numbers are, the easier it is to make informed decisions. Need greater visibility over your business finances? Speak to Penney’s Accountancy.

24/08/2026

🤝 Know Someone Who Needs Better Support?

Do you know a business owner who is struggling with their accounts, tax or financial paperwork? A recommendation from someone they trust could be exactly what they need.

Our referral scheme is our way of thanking clients who introduce new businesses to Penney’s Accountancy. Ask our team for more information about how the scheme works or visit our website.

https://penneysaccountancy.co.uk/about-us/refer-a-friend/

… and receive up to £300 each time! At Penney’s Accountancy, many of our new clients come to us through personal recommendations. […]

21/08/2026

🏙️ What Do the New Powers for Mayors Mean?

The Government has announced plans to give English mayors a greater share of locally generated tax revenues. From next spring, this is expected to begin with business rates.

Further details about business rates and income tax retention are due to be announced at the Budget. The aim is to allow more locally raised funds to be invested in areas such as transport, housing, skills, and employment.

The full details are still to come, and we will continue following the announcements for anything that could affect local businesses.

20/08/2026

📋 Three Questions to Ask Before September

Before the busy autumn period begins, ask yourself:
1️⃣ Are my financial records up to date?
2️⃣ Do I know what tax payments are approaching?
3️⃣ Is my cash flow strong enough to support my plans?

A simple financial review now could make the next few months much easier. Need help answering these questions? Speak to the Penney’s Accountancy team.

18/08/2026

💳 FAQ: Can I Claim a Business Expense Paid From My Personal Account?

Yes, in many cases you can still claim an allowable business expense even if you accidentally paid for it from your personal account.

The important thing is to:
✅ Keep the receipt or invoice
✅ Record the expense correctly
✅ Make sure it was genuinely for business purposes
✅ Avoid claiming any personal element of the cost

Mixing personal and business spending can make your records harder to manage, so it is always better to use your business account where possible.

Unsure whether an expense is allowable? Speak to the Penney’s Accountancy team before including it in your accounts.