Blue Leaf Accounting

26/05/2026

HMRC are spoiling us now. The mileage rate went up from April 26 to 55p per mile up to 10,000 🙌

05/05/2026

There was a lot of excitement at the end of the tax year about trivial benefits. This is a benefit available to employees and directors.
A director has a £300 allowance per tax year which can only be taken as vouchers, not exchangeable for cash, up to £50 at a time. The best way to take these is by spreading them throughout the year.

01/05/2026

Make tax digital has finally started. Have you enrolled? Do you need to?! The first submission is 7th August 2026. We can help with MTD and all fun things tax 💪🏻

27/04/2026

I wanted to say hello and tell you a bit more about the people that makes sense up team Blue Leaf. We've been going five years now and I love having an amazing team around me who are fun to work with and really know their stuff.

24/04/2026

03/04/2026

Dividends tax is going up in the next tax year. If you run a limited company and have the profits in the company to take dividends, it is worth giving some thought to how and when you take these.

09/02/2026

Balance Sheet

Definition: A snapshot of your business’s financial position at a specific moment in time. It shows what you own (assets), what you owe (liabilities), and what’s left for you (equity).

Translation: Assets are your good side, liabilities are your bad side, and equity is whatever is left after cropping out the chaos.

02/02/2026

The A–Z of Accounting Terms:

Accounting jargon can feel like a foreign language. But once you know the basics, those scary reports start to make sense.

Assets

Definition: Anything valuable your business owns that can generate income or be converted into cash. This includes things like stock, equipment, vehicles, or money in the bank.

Translation: The nice stuff. The computers, the van, the money in your account. Basically, the things you would show off. Not the sad plant wilting in the corner of the office.

Easy when you know how!

We translate all the accounting terms into understandable language.

18/01/2026

Hospital art 🥰 home on Monday 🙌