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
March 24, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on From Trial Balance to Decisions: Turning Accounting Data into Insight From Trial Balance to Decisions: Turning Accounting Data into Insight From Trial Balance to Decisions: Turning Accounting Data into Insight Most finance teams produce accurate numbers. The challenge is producing them quickly enough to support decisions. This article sets out a practical approach to closing that gap using a structured… Continue Reading
March 18, 2026 Kieron McGahan Post in Uncategorized Leave a Comment on Streamlining Your Bookkeeping with Cloud Accounting Streamlining Your Bookkeeping with Cloud Accounting For many small businesses, bookkeeping can become time-consuming — particularly where invoices, receipts and supplier statements are being handled manually or left to build up. Using cloud accounting software alongside document capture tools can simplify this significantly and help keep… Continue Reading
March 11, 2026 Kieron McGahan Post in News Leave a Comment on Fractional finance support – an alternative to hiring a full-time resource Fractional finance support – an alternative to hiring a full-time resource Fractional finance support – an alternative to hiring a full-time resource Not every business needs or can afford a full-time resource to support projects, finance teams or business planning, but many can still benefit from experienced financial input. Fractional finance… Continue Reading