June 18, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Mandatory Payrolling of Benefits in Kind — Confirmed Dates and What to Do Now Mandatory Payrolling of Benefits in Kind — Confirmed Dates and What to Do Now Mandatory Payrolling of Benefits in Kind — Confirmed Dates and What to Do Now HMRC announced this week that mandatory payrolling of benefits in kind (BIK) will be introduced in phases rather than all at once from April 2027. The… Continue Reading
June 11, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Companies House reforms: the compliance bar keeps rising Companies House reforms: the compliance bar keeps rising Companies House reforms: the compliance bar keeps rising Companies House announced this week that from April 2028, all small and micro companies will be required to file full profit and loss accounts for the first time. Alongside that, all filings… Continue Reading
June 2, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Closing your limited company: a director’s guide to getting it right Closing your limited company: a director’s guide to getting it right Closing your limited company: a director’s guide to getting it right Deciding to close a limited company is rarely straightforward. Whether you are retiring, pivoting to a new venture, or simply winding down a business that has run its course,… Continue Reading
May 27, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Temporary VAT reduction on children’s meals and family attractions — what businesses need to know Temporary VAT reduction on children’s meals and family attractions — what businesses need to know Temporary VAT reduction on children’s meals and family attractions — what businesses need to know The government has announced a temporary reduction in the rate of VAT on children’s meals and certain family activities and attractions, from 20% to 5%,… Continue Reading
May 20, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Designed for Compliance. Built for Business Designed for Compliance. Built for Business Designed for Compliance. Built for Business. A lot of small businesses have an accountant. Compliance covered, tax returns and accounts filed on time. That’s fine — and for many sole traders and small operations, that’s genuinely all they need. But… Continue Reading
May 12, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Making Tax Digital — more than just compliance Making Tax Digital — more than just compliance Making Tax Digital — more than just compliance Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is now live for sole traders and landlords with qualifying income above £50,000. The £30,000 threshold follows in April 2027, and £20,000… Continue Reading
May 8, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Companies House Identity Verification — from £75 + VAT Companies House Identity Verification — from £75 + VAT Companies House Identity Verification — from £75 + VAT KG McGahan Consulting is registered with Companies House as an Authorised Corporate Service Provider (ACSP). We can verify your identity on behalf of Companies House — whether you are an existing… Continue Reading
May 5, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on MTD for Income Tax is now live, but three-quarters of those required haven’t signed up MTD for Income Tax is now live, but three-quarters of those required haven’t signed up MTD for Income Tax is now live — but three-quarters of those required haven’t signed up A few weeks ago I wrote about Making Tax Digital for Income Tax and what the 6 April 2026 start date would mean for… Continue Reading
April 28, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Payroll Changes from April 2026 – What Employers Need to Know Payroll Changes from April 2026 – What Employers Need to Know Payroll Changes from April 2026 – What Employers Need to Know From April 2026, a number of payroll rates and thresholds have changed. While PAYE tax bands and the standard personal allowance remain frozen, there are still important updates for… Continue Reading
April 21, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on VAT investigations are rising: what actually causes problems in practice VAT investigations are rising: what actually causes problems in practice VAT investigations are rising: what actually causes problems in practice Recent reporting has highlighted an increase in VAT investigations, particularly for larger and mid-sized businesses. That is not especially surprising given the current pressure on tax revenues, but what is… Continue Reading