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
April 15, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Signs that your finance function might need some support Signs that your finance function might need some support Signs that your finance function might need some support There are usually a few indicators that come up before a business reaches out. Often they’ve been there for a while — they just haven’t been the immediate priority. Some of… Continue Reading
April 7, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on New tax year: what it means for sole traders and CIS subcontractors New tax year: what it means for sole traders and CIS subcontractors New tax year: what it means for sole traders and CIS subcontractors With the new tax year now underway, this is a good point for sole traders and CIS subcontractors to review their position and, where possible, take action early.… Continue Reading
March 31, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Using AI in practice: a quiet shift in day-to-day work Using AI in practice: a quiet shift in day-to-day work Over the past month, I’ve started to use AI tools such as ChatGPT more consistently across a number of areas within my day-to-day work. This includes: Sense-checking accounting treatment Drafting and refining client emails, including building reusable templates for different… Continue Reading
March 27, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Director withdrawals and personal spending: best practice for limited companies Director withdrawals and personal spending: best practice for limited companies Director withdrawals and personal spending: best practice for limited companies If you run a limited company, it’s common to take money out of the business and occasionally incur costs personally or through the company. Where this isn’t done in a… Continue Reading