Important Information
There are key aspects of financial regulation and taxation legislation that you should be aware of.
You will find below some information that we consider very important
to the health and long-term prosperity of your firms.
Making Tax Digital
The first stage in the Making Tax Digital process was its application to VAT in April 2021. VAT registered businesses are now required to keep records digitally and use software to submit their VAT Returns.
The second stage is the extension of Making Tax Digital to some Self-Assessment tax payers. This means that for the tax year 2026/27, sole-traders and landlords with a combined taxable turnover above £50,000 are also required to keep records digitally and use software to submit their tax returns.
Our team are up-to-date with all HMRC requirements and we are offering our clients advice and support to allow them to make the transition to electronic submissions as painless and cost-efficient as possible.
You will find more details in the Making Tax Digital section of our website.
Happy New Year
As we enter 2026, we would like to remind you that the deadline for submission and payment of any self-assessment tax due for 2024-2025 is 31st January. If you have not already submitted your self-assessment information to us for processing, you must do so as a matter of urgency. If we do not receive it soon we cannot guarantee to have it processed and submitted in time for the deadline.
We would also like to remind you that no matter how early your self-assessment was submitted, the payment deadline remains 31st January.
Happy New Tax Year
We would like to remind you that Sunday 6th April, marked the end of the 2024/25 tax year and the start of the 2025/26 tax year.
As of today, self-assessment returns can be submitted to HMRC to reflect the tax year 6 April 2024 to 5 April 2025. The deadline for submission and payment of any tax due is 31 January 2026. We would like to remind you that no matter how early your self-assessment is submitted, the payment deadline remains the 31 January 2026. This means that you can submit from now and pay when it suits you best: you do not have to pay when you submit your return.
Anti-Money Laundering (AML) Legislation
As a provider of financial services and support, we must comply with all legislation and regulations pertaining to anti-money laundering and the proceeds of crime.
This regulation is comprehensive and detailed and we make every effort to ensure that we comply with it. To find out more about the legislation and regulations, click on the links below.
https://www.fca.org.uk/firms/financial-crime/money-laundering-regulations
