Edward Harris Chartered Certified Accountants

Edward Harris Chartered Certified Accountants Specialist Accountants in Property, Trades & Construction.

⚠️ 3 PROPERTY TAX MISTAKES Costing UK Landlords Thousands ⚠️Mistake 1: 👤 Wrong Ownership StructureBuying in personal nam...
08/09/2026

⚠️ 3 PROPERTY TAX MISTAKES
Costing UK Landlords Thousands ⚠️

Mistake 1: 👤 Wrong Ownership Structure
Buying in personal name as a high-rate taxpayer
= Paying 40-45% tax instead of 19-25%

Mistake 2: 📄 Missing Allowable Expenses
Not claiming: insurance, repairs, accountant fees, mileage
= Overpaying HMRC every year

Mistake 3: 🚨 Ignoring Section 24
Paying tax on GROSS rent, not NET profit
= Tax bill even when you make a loss

💡 The fix? Get specialist advice BEFORE April.

✅ Edward Harris Accountants
Specialists for UK Landlords, SMEs & Professionals

📊 Book your business review
📞 +44 (0) 161 706 1523
📲 WhatsApp: https://wa.me/447562518682
📧 [email protected]
🌐 https://edwardharris.co.uk/

08/09/2026

Business Owners, are you charging a price that actually makes sense for your business today?

⭐ Specialist Tax & AccountingFor UK Landlords, SMEs, & Professionals Why choose us?✅ HMRC expertise✅ Proactive tax savin...
07/09/2026

⭐ Specialist Tax & Accounting

For UK Landlords, SMEs, & Professionals Why choose us?

✅ HMRC expertise
✅ Proactive tax saving
✅ Dedicated account manager
✅ Cloud accounting - access anytime

📞 Book a consultation today
📞 +44 (0) 161 706 1523
📲 WhatsApp: https://wa.me/447562518682
📧 [email protected]
🌐 https://edwardharris.co.uk/

29/08/2026

Manchester Business owners, are you constantly chasing your accountant for answers?

You shouldn’t have to chase for replies, get surprised by tax bills, or only hear from your accountant when a deadline is coming up.

You should be getting fast responses, proactive tax advice, regular support and an accountant who genuinely understands your business and where you want to take it.

That’s how we work at Edward Harris Chartered Accountants.

If you feel like you’re not getting enough from your current accountant, comment CHAT for a free consultation.

02/08/2026

Manchester business owners, don’t wait until year-end to find out how your business is actually performing.

A lot of business owners only speak to their accountant once a year, when the accounts and tax return are due.

By then, it may be too late to fix poor cash flow, reduce an unexpected tax bill, or identify which parts of the business are losing money.

Every month, you should be checking at least three things:
Your profit, your cash position, and how much you need to put aside for tax.

Your year-end accounts tell you what has already happened.
Regular management information helps you decide what to do next.

01/08/2026

Here are three tax mistakes I regularly see costing businesses unnecessary money.

Mistake one:
Mixing personal and business spending.
This creates messy bookkeeping and makes it harder to identify what the business can genuinely claim.

Mistake two:
Treating the bank balance as profit.
Some of that money may already belong to HMRC for VAT, corporation tax or PAYE.

Mistake three:
Waiting until the year-end to think about tax.
By then, many tax-planning opportunities have already been missed.

25/07/2026

HMRC may be expecting money from you by 31 July 2026, and ignoring it could cost you interest.

The second Self Assessment payment on account is due by 31 July 2026.
This is the advance tax payment HMRC asks some people to make towards their next tax bill.
And if you miss the deadline, HMRC can charge interest.

You can login to your self assessment tax account to see what you owe and make the payment.

If you are unable to pay the balance in full then you can setup a payment plan.

If your income has reduced then you can apply to reduce the payment on account.

If you are unsure on how to do this then speak to your accountant.

18/07/2026

Catch flights not residency tests!
If you want to work with a proactive accountant comment the word CHAT.

09/07/2026

⭐️⭐️⭐️⭐️⭐️

Every 5-star review represents a business owner who trusted us with their finances.

We’re grateful for every client who chooses Edward Harris Chartered Certified Accountants to support their business.

If you’re looking for an accountant who explains things clearly, responds quickly, and genuinely cares about your business, let’s talk.

09/07/2026

Don’t lose money by incorrectly withdrawing from a Lifetime ISA!
A lot of people already have.

A Lifetime ISA can be a great way to save for your first home.
You can save up to £4,000 a year, and the government adds a 25% bonus.

But there are rules.

To use the money for your first home, the account must have been open for at least 12 months.
And if you withdraw the money for any reason other than buying your first home, after age 60, or if you’re terminally ill, you’ll usually pay a 25% withdrawal charge.

That charge doesn’t just take back the government bonus, it can also reduce some of your own savings.

The government has admitted that many people didn’t fully understand these rules.
In fact, more people have lost part of their savings through withdrawal charges than have successfully used a Lifetime ISA to buy their first home.
That’s why the government is now proposing a new First Time Buyers ISA.

Before opening any savings account, make sure you understand the conditions.
Knowing when you can access your money, and what happens if you can’t could save you from an expensive mistake later on.

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Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+447562518682

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