Astar Certified Accountants

23/06/2026

18/06/2026

https://share.google/EEDcU0njZjuv4fCTz

Primark has appointed Keiron Birch to the newly created role of director of womenswear design. Birch has 20 years' experience in the fashion industry after working with brands including Tommy Hilfiger and Abercrombie & Fitch, as well as Calvin Klein where his most recent position was vice president....

16/06/2026

📢 Companies House Changes – One Very Important Update

We've had a lot of clients asking about the proposed Companies House reforms, and there's now some welcome clarification from the government.

From 1 April 2028, small companies and micro-entities will be required to file a Profit & Loss account with Companies House as part of their annual accounts filing.

However, and this is the important bit...

✅ Small companies and micro-entities will be able to OPT OUT of having their Profit & Loss account published on the public register.

In my view, that's a sensible decision.

Most business owners do not want competitors, customers, suppliers, employees or anyone else being able to look up their turnover, margins and profitability online. The government has clearly listened to the concerns that were raised.

The exact mechanism for opting out hasn't been released yet, but the option will be available.

The other major change is that all accounts will need to be filed electronically through commercial software. For most Astar clients, that's business as usual as we've been filing electronically for years.

The reforms have also been delayed until April 2028, giving businesses plenty of time to prepare.

As soon as Companies House release more details on how the opt-out process will work, we'll let clients know.

☎️ 01522 792601

15/06/2026

https://astaradvisory.co.uk/aboutus

Some more progress on the site updates

Meet Astar — an ACCA member practice just outside Lincoln since 2011. Our philosophy, what drives us, and the team behind your numbers. Advisory, not just compliance.

15/06/2026

📢 Companies House Service Update

***Still issues 16th June 2026***

"WebFiling will be closed from 9pm on 12 June until 9am on Monday 15 June. The Set up a limited company and register for Corporation Tax service is also closed until 9am on Monday 15 June. This is to carry out the necessary maintenance to fix the issue with processing filings."

If you're planning to submit any Companies House filings or incorporate a new company, please bear this temporary downtime in mind.

15/06/2026

📢 Making Tax Digital for Income Tax (MTD ITSA) – We're Already Getting Ready

It's been a busy few weeks here at Astar as we start working through the first tranche of clients who will be affected by MTD ITSA.

One thing that many people still don't realise is that the £50,000 threshold is based on turnover/income received, not profit.

Our approach has been to get as many 2025/26 tax returns completed as possible before the end of June so we know exactly who falls within the new rules and can start preparing accordingly.

The first MTD ITSA reporting period runs from 6 April 2026 to 5 July 2026 (or 1 April 2026 to 30 June 2026), with the submission due to HMRC by 7 August 2026.

Like many accountants across the country, we're navigating a completely new reporting regime. The biggest challenge isn't necessarily the quarterly submissions themselves, but determining the most practical and efficient way of reporting for clients who have multiple qualifying income streams, such as:

✔ Sole trade businesses
✔ Rental properties
✔ Multiple rental properties
✔ A combination of self-employment and property income

The rules are here, the deadlines are approaching, and we're spending a lot of time testing systems and processes to make sure our clients remain compliant with the minimum possible disruption.

If you're self-employed or receive rental income and aren't sure whether MTD ITSA will affect you, now is the time to start asking the question rather than waiting until the first filing deadline arrives.

☎️ 01522 792601

12/06/2026

Gym membership, Small group training and Personal Training available at Abi's Gym in Waddington. Curious to find out more about us? 👀 Check out our new website with more details about what we offer!

Abisgym.co.uk

Feel free to get in touch direct or via the website to book in a gym tour 🔥

12/06/2026

*** Our website has had a refresh ***

Astar is a firm of Chartered Certified Accountants based in Lincoln. Contact us today for your free, no obligation initial consultation. For more information, read our philosophy and our people in About Us.

11/06/2026

📢 P11Ds Are Changing – But Not Until 2027

Whilst many employers are currently focused on their 2025/26 P11Ds, HMRC has announced plans to move most Benefits in Kind reporting directly into payroll from April 2027.

What does that mean?

✅ Most P11Ds will disappear
✅ Benefits such as company cars and private medical insurance will be reported through payroll instead
✅ Employees will pay tax on benefits in real time rather than through later tax code adjustments
✅ The aim is to simplify year-end reporting for employers

Importantly, this change is not due to start until April 2027, so there is no immediate action required for most businesses.

For now, it's simply something to be aware of as payroll processes and software continue to evolve.

We'll keep our clients updated as further guidance is released and, as always, we'll be on hand to help when the time comes.

📞 Astar Certified Accountants - 01522 792601

Helping businesses stay ahead of tax and payroll changes.

11/06/2026

📢 Dividend Tax Increase – What Company Directors Need to Know

From 6 April 2026, dividend tax rates increased for basic and higher rate taxpayers, meaning many company directors and shareholders will pay more tax on dividend income.

Dividend tax rates:

Tax Band 2025/26 2026/27
Basic Rate 8.75% 10.75%
Higher Rate 33.75% 35.75%
Additional Rate 39.35% 39.35%

📌 The dividend allowance remains at £500 per year.

Whilst the increase means some directors will pay more tax, dividends remain one of the most tax-efficient ways for many business owners to extract profits from their company, particularly when combined with an appropriate salary strategy.

Every business is different, and the most suitable remuneration package will depend on your personal circumstances, profit levels and future plans.

If you'd like us to review your remuneration strategy for 2026/27, please get in touch.

📞 Astar Certified Accountants - 01522 792601
Helping business owners keep more of what they earn.