Accounting & Bookkeeping Consultancy Ltd

26/06/2026

Alert: You can check your National Insurance record online to see if gaps could affect your State Pension. Explore if voluntary payments might boost your future benefits. Find out why it matters today and how to get started – it's easier than you think. Read on to secure your pension peace of mind.

Your National Insurance record can be checked online to see what contributions and credits you have built up and whether you have any gaps that may affect your State Pension. The record shows how

25/06/2026

Alert: Your employer could be offering more tax-free perks than you thought! From staff canteens to mobile phones - discover the unexpected benefits. Find out why this matters today.

The range of benefits that can be provided tax-free by an employer is relatively limited, but there are several common exemptions that apply where certain conditions are met. Meals provided in a

24/06/2026

Alert: Did you know your charity donations could stretch much further with tax relief? Whether you give £1 or £1,000, there's a way to boost your support without extra cost. Find out how Gift Aid and tax codes can maximise your impact – and who might claim even more back. Ready to make your money go that bit further? Read on to see how it works in everyday terms.

When you donate money to a charity or Community Amateur Sports Club (CASC) under Gift Aid, the organisation can claim an extra 25p from HMRC for every £1 you give. This increases the value of your

23/06/2026

Tax codes aren't as straightforward as they seem. Did you know your tax code can change with new jobs, pensions, or benefits? Find out why that twist might affect your next payslip. Read on to see if your code is doing what it should.

Your tax code tells your employer or pension provider how much Income Tax to deduct from your pay. It is set by HMRC, and you may have a different code for each job or pension. Most people with one

22/06/2026

Alert: Selling shares or investments? Your profit might be taxed, but not all gains count. Find out what you need to watch for and how to stay ahead. Read on to understand what really matters when it comes to Capital Gains Tax.

Capital Gains Tax (CGT) is a tax on the profit you make when you sell or dispose of an asset that has increased in value. It is the gain itself that is taxed, not the total amount you receive. For

22/06/2026

Alert: Not all LLP members are taxed equally! Discover why some are treated like employees for tax and what it means for you. Find out why this matters now.

Members of a Limited Liability Partnership (LLP) are normally treated as self-employed for tax purposes. However, special rules can apply where a member's terms of membership are more akin to the

19/06/2026

Most countries use a straightforward tax year.

The UK?

Not quite.

Back in 1752 Britain switched from the Julian calendar to the Gregorian calendar and lost 11 days in the process.

The tax year was adjusted and, after a few tweaks, ended up finishing on 5th April.

It's one of the quirkiest facts in British taxation.

And yes, accountants still have to explain it every year.

Did you already know this one?

Comment "TAX YEAR" if you've learnt something new today.

19/06/2026

Missed your self-assessment tax deadline? Penalties could stack up fast – from initial fines to daily charges. Find out why paying on time really matters and how to avoid unexpected costs. Read on to stay ahead.

If you are required to complete a self-assessment tax return, HMRC may charge penalties if you miss the deadline for making a filing or payment. There are also penalties if you fail to register on

18/06/2026

Alert for UK businesses: Have you explored claiming R&D tax relief yet? It could open doors to investing in new tech and scientific advances. Find out why it matters for your company now and what counts as eligible projects. Read on to see if your innovation could qualify.

Research and Development (R&D) tax relief is designed to support companies that invest in innovation and seek to make advances in science or technology. The scheme offers businesses the ability to