Moulds Accountants

Moulds Accountants As accountants & business advisers we pride ourselves in being approachable, professional & proactive

As accountants and business advisers we pride ourselves in being approachable, professional and most of all proactive.

Leaving your tax return until the last few weeks before the January 31st deadline could backfire.If you need to request ...
01/09/2026

Leaving your tax return until the last few weeks before the January 31st deadline could backfire.

If you need to request documents from financial institutions there might be a lead time on the delivery of these. Also, you might provide everything you think is relevant to your tax return to your accountant, but they may need a few extra bits of information from you.

HMRC issue fines to anyone who files their tax return after 31st January deadline, regardless of whether you have tax to pay or not. Starting with a £100 immediate late filing penalty, and increasing thereafter until the tax is paid.

If you need help with your 2025-26 self-assessment, get in touch 01937 584188 or contact us https://buff.ly/r0TbCkm

If you are self-employed and/or a landlord earning over £50k you should have just filed your first Making Tax Digital (M...
25/08/2026

If you are self-employed and/or a landlord earning over £50k you should have just filed your first Making Tax Digital (MTD) quarterly return.

If you missed it, or got stuck and didn't manage to file your quarterly return, you're not alone! An estimated 428,000 missed the quarterly filing.

If you need help getting your MTD back on track or if you still don't know what it's all about, then we can help.

We can help with your future quarterly and year end returns, and we can advise on the software you'll need (as you are required by HMRC to keep digital records now).

If you need help with your 2025-26 Self Assessment tax return and/or MTD, get in touch 01937 584188 or via our contact form https://buff.ly/r0TbCkm

Should your business outsource or hire someone? Among the daily challenges of running a business is the critical decisio...
13/08/2026

Should your business outsource or hire someone?

Among the daily challenges of running a business is the critical decision of how best to manage its financial affairs including whether you choose to hire an in-house accountant or outsource your accounting needs.

Click to read our latest blog and find out which work best for you
https://buff.ly/3tJ0Mrc

Get in touch at [email protected] or call 01937 584188

How to tick off your self-assessment task early to get aheadFirst off you will need to gather your financial records inc...
11/08/2026

How to tick off your self-assessment task early to get ahead

First off you will need to gather your financial records including receipts, invoices, bank statements and anything else that may provide evidence of your finances throughout the year.

Next, what are your expenses? Again, be sure to find as much evidence as possible here so you can claim everything you're owed and only pay the tax that you have to, and not a penny more!

Remember to look up any charitable donations you made in the tax year in case you can use the gift aid element and pay more tax at the basic, rather than the higher rate.

Using Moulds Accountants' self-assessment tax return service can take all the stress away for you – just hand over all your records and we can do the rest.

Get in touch 01937 584188 or contact us https://buff.ly/r0TbCkm

Why it makes sense to submit your self-assessment tax return this summer.It’s not due until January! What’s the rush? Yo...
06/08/2026

Why it makes sense to submit your self-assessment tax return this summer.

It’s not due until January! What’s the rush? You may say. But the 2025-26 tax year is over, you have all the information available to you, why not deal with this now.

Once your tax return is completed, you’ll know in advance what tax you’ll need to pay next year so you can set aside the money. Get ahead and avoid a stressful January.

If you need help with your 2025-26 self-assessment, get in touch 01937 584188 or contact us https://buff.ly/r0TbCkm

How do you manage tax bills?Tax bills should never come as a surprise but it’s very common to find a business owner who ...
23/07/2026

How do you manage tax bills?

Tax bills should never come as a surprise but it’s very common to find a business owner who is surprised by how much corporation tax they have to pay, or a high VAT bill.

Keep an eye on your numbers throughout the year, not just at the end when it’s too late to do anything about it.

It’s also good practice to set aside cash into a savings account each month to pay for things like corporation tax. It means less stress when it comes time to pay HMRC.

Cashflow problems?How much money do your customers owe you?  Strong sales figures can quickly lose their shine if cash i...
21/07/2026

Cashflow problems?

How much money do your customers owe you? Strong sales figures can quickly lose their shine if cash isn't being collected promptly.

Invoicing on time and sending statements will help to both minimise the risk of bad debts and keep cash flowing in.

Staying on top of your numbers means fewer sleepless nights over cashflow.

Turnover or profit?Turnover is often the number business owners focus on first and people are, rightly, proud of reachin...
16/07/2026

Turnover or profit?

Turnover is often the number business owners focus on first and people are, rightly, proud of reaching big sales numbers.

In reality though extra turnover doesn’t automatically equal extra profit and the phrase ‘being a busy fool’ can become a reality if you aren’t careful.

Always keep an eye on profit margins so at the end of the year you have something to show for your hard work and you can pay yourself properly.

Profit is important, but cash pays the bills.Understanding your current cash position, and what it is likely to look lik...
14/07/2026

Profit is important, but cash pays the bills.

Understanding your current cash position, and what it is likely to look like over the next few months, can help you make better decisions and avoid unpleasant surprises.

The added visibility lets you plan ahead for things like paying VAT and corporation tax bills.

It also shows you whether there are likely to be any tight spots so you can manage your cash proactively.

28/04/2026

One of the most common questions we get is how can people legitimately reduce their tax bill.

Here's a few easy things to check you are claiming to ensure you only pay the tax you have to:

➡️ office supplies
➡️ business travel
➡️ professional subscriptions
➡️ home office costs (for remote workers, not if you choose to do a bit of WFH)

People tend to want to claim everything but you need to be careful as HMRC only allows you to claim things that are exclusively for the trade you do.

Anything with 'dual purpose' i.e. you use it for both work and business isn't typically allowed e.g. nice clothes for client meetings, an apple watch etc.

It goes without saying that you need to keep good records in case HMRC asks to see them but as long as you are claiming costs genuinely incurred for your business you will be able to reduce your tax bill.

Address

Concept House, 2 Cromwell Park, York Road Industrial Estate
Wetherby
LS227SU

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

Alerts

Be the first to know and let us send you an email when Moulds Accountants posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share

Category