KP Simpson Accountants & Business Advisors

30/10/2026

🎃 What's scarier than Halloween? A letter from HMRC landing on your doorstep! 👻

This morning at BNI, the theme was "Dress as something scary about your job"… so naturally, Dawn went as every business owner's worst nightmare – a pile of letters from HMRC! 😂📩

But here's the thing… HMRC doesn't have to be scary!

At KP Simpson, we take the stress out of dealing with HMRC, whether it's tax returns, unexpected letters, enquiries or simply understanding what you owe.

We deal with the paperwork, deadlines and HMRC headaches, so you can focus on running your business.

Because the only thing that should be giving you a fright this Halloween is your costume. NOT your accountant or the taxman! 🎃

29/10/2026

The Autumn Budget may have contained few surprises, but several significant changes are still on the horizon.

From pensions and inheritance tax to savings income, business reliefs and Making Tax Digital, many measures will take effect over the next few years.

Understanding what's changing now can help you avoid unwanted surprises later.

Read more here: https://ow.ly/fjxy51021Gc

St. James’s Place Representatives represent only St. James’s Place Wealth Management plc, which is authorised and regulated by the Financial Conduct Authority.

SJP Approved 29/10/2026

29/10/2026

🚨 Autumn Budget 2026: what do business owners need to know?

MTD changes. Higher minimum wages. New mileage rates. Changes to Capital Gains Tax, property income, business rates and more.

There’s a lot to take in, so KP Simpson Ltd has done the hard work for you.

We’ve broken down the key Budget announcements and, most importantly, explained what they could mean for you and your business.

👇 Read our latest blog

https://www.kpsimpson.co.uk/autumn-budget-2026-what-it-means-for-small-businesses-landlords-and-the-self-employed/

The Autumn Budget 2026 has brought a number of important announcements for small businesses, company directors, landlords and the self-employed. While some of the changes won’t take effect for a year or two, there are several measures that business owners should be aware of now, particularly aroun...

28/10/2026

📢 AUTUMN BUDGET 2026: WHAT IT MEANS FOR YOU

The Chancellor has kept headline Income Tax, National Insurance and VAT rates unchanged. There are still important changes for landlords, business owners and employers.

🏠 Landlords: property income tax rates rise to 24% / 44% / 49% from 6 April 2027.

🐖 Savers: savings income is taxed at the same 24% / 44% / 49% rates from 6 April 2027.

🛍️ Side hustles: the Trading Allowance rises from £1,000 to £3,000 from 6 April 2027.

💼 Selling your business: the Business Asset Disposal Relief lifetime limit falls from £1m to £500,000 for disposals from 6 April 2027.

🏪 High street: the threshold for 100% business rates relief on qualifying retail, hospitality and leisure properties in England rises from £12,000 to £18,000 from April 2027. Accountancy Today reports that the package cuts taxes for 70,000 firms.

👷 Employers: the National Living Wage rises to £13.21 per hour from April 2027.

💻 Digital tax: Making Tax Digital continues to expand, and mandatory VAT e-invoicing is planned from April 2029.

💷 ISAs: the cash ISA limit stays at £20,000.

📅 Looking ahead: from April 2029 the Government intends to move from payments on account to smaller, more regular Income Tax payments. This is subject to consultation.

Most changes start in 2027 or later, so there is time to plan. Speak to the KP Simpson team to see how this affects you. 🤝

26/10/2026

A bit of friendly competition with 🎾

We swapped the office for the padel court this week for a game with the team at Richard Reed Solicitors, and we're pleased to say KP Simpson came away with the win! 🏆

As much as we enjoy a bit of competition, it's also a great opportunity to build relationships with other local professionals.

At KP Simpson, we know our clients often need support beyond accountancy, which is why building a strong network of trusted professionals is so important to us. It means we can help point our clients in the right direction when they need advice or services outside of what we offer.

A big thanks to the team at Richard Reed Solicitors for a great game. We'll definitely have to arrange a rematch... although we're quite happy with the current result! 😂

23/10/2026

💷 Is your tax bill going to come as a surprise?

One of the biggest mistakes business owners can make is waiting until their tax bill arrives before thinking about how they're going to pay it.

Whether you're self-employed or running a limited company, planning ahead can make a huge difference.

A few things worth considering:

✔️ Are you regularly putting money aside for tax?

✔️ Do you have an idea of what your next tax bill might be?

✔️ Are you claiming the expenses and reliefs you're entitled to?

✔️ Could you make better use of your business profits before your year-end?

At KP Simpson, we don't believe you should only hear from your accountant when your accounts are due.

We work with businesses across the North East to help them plan ahead, understand their tax position and avoid unnecessary surprises.

💬 Not sure what you should be putting aside? Get in touch with our team for a chat.

22/10/2026

It's always great to get out of the office and share what we know!

This week, Kallym and Charlotte represented KP Simpson at Dicipline - The Property Investment Academy - Steven Green , speaking to a fantastic group of business owners about the importance of understanding their finances and making the right decisions for their businesses.

At KP Simpson, we believe being an accountant is about much more than preparing accounts and submitting tax returns. It's about helping business owners understand their numbers, spot opportunities and plan for the future.

That's why opportunities like this are so important to us. We love being able to share our knowledge, offer practical advice and help people feel more confident when it comes to running their businesses.

Whether you're just starting out or have been running a business for years, there's always something new to learn!

A big well done to Kallym and Charlotte, and thank you to everyone who attended. We're looking forward to seeing how everyone's businesses progress!

21/10/2026

📊 Busy business… but are you actually making money?

Running a business means making decisions every day. Whether it's taking on new staff, increasing your prices, investing in equipment or planning for growth, those decisions are much easier when you understand your numbers.

It's not just about knowing how much money is coming into your bank. It's about understanding what's left after expenses, what you need to put aside for tax and what your business can realistically afford.

Good financial information leads to better business decisions.

At KP Simpson, we believe accountancy should be about more than just submitting accounts and tax returns.

We work closely with local businesses across the North East, helping them understand their finances, plan ahead and make informed decisions with confidence.

With a dedicated Client Manager who knows you and your business, we're here to offer straightforward, practical advice throughout the year.

💬 Thinking about your next business move? Get in touch for a chat. We'd love to hear from you!

13/10/2026

Limited Company Welcome Guide 2026/27

Running a limited company comes with a range of financial, tax and legal responsibilities. Understanding these obligations is essential to managing your business effectively and avoiding unnecessary costs.

At KP Simpson Accountants & Business Advisors, we've created a practical Limited Company Welcome Guide to help business owners navigate the key aspects of running a company with confidence.

What's included?

• Understanding how a limited company operates

• Taking money from your company – salaries, dividends and director's loans

• Corporation Tax and important filing deadlines

• VAT, PAYE and Self Assessment obligations

• Allowable business expenses

• Record keeping and directors' responsibilities

Whether you're considering setting up a limited company, have recently incorporated or are already established, our guide provides a useful reference to help you stay informed.

Simply comment GUIDE below and a member of our team will send you a copy.

KP Simpson | Accountants & Business Advisors

Clarity in numbers, confidence in decisions, partnership in growth. Your key to success.

07/10/2026

Still on a bit of a high from this one

Last week, we were awarded Highly Commended at the Regional Apprenticeship & Skills Awards 2026.

When we arrived, we genuinely didn’t have many expectations. We were already incredibly proud just to have been named as a finalist especially when we looked around the room and saw organisations such as Amazon, the British Army, HMRC and Sunderland City Council amongst the finalists.

We joked that we probably had fewer staff than some of them had apprentices!

So, as a small South Tyneside business, to stand alongside organisations of that size and then have the work we do recognised with Highly Commended was a really special moment for all of us.

Apprenticeships have been a huge part of KP Simpson for many years. Some of our team started their careers with us as apprentices and have gone on to become experienced accountants, managers and key members of the firm.. and now we get to watch the next generation begin that same journey.

For us, it has never just been about giving someone their first job.

An apprenticeship at KP Simpson isn’t about someone joining us for a year or two and then moving on. It’s about building a career.

It’s about giving a young person in South Tyneside an opportunity to build their confidence, develop their skills, discover what they’re good at and, most importantly, giving them the support and belief to build a career they can genuinely be proud of.

Watching someone walk through our doors at the very beginning of their working life and seeing how much they grow, both professionally and personally, is something we’ll never take for granted.

Apprenticeships really can change someone’s life. They give young people an opportunity to learn, make mistakes, grow in confidence and build a career they might never have imagined for themselves.

So to have what we do recognised at the Regional Apprenticeship & Skills Awards means more to us than just bringing home an award 💙

A huge thank you to Andy, Alex and Dawn for continuing to believe in young talent and giving people those opportunities, and to our entire team, past and present, who have helped make KP Simpson what it is today.

And especially, thank you to every apprentice who has trusted us to be part of the very beginning of their career.

We couldn’t be prouder.

Here’s to the next generation. 💙🏆