Posts by Nettie Buss
Tax returns for Company Directors will have more tax complexity!
Tax returns for Company Directors will have more tax complexity! In recent years HMRC’s focus has been on reducing the number of taxpayers who are required to file self-assessment tax returns. However, for those who still need to file a tax return, new requirements from 2025-26 onwards will require more comprehensive reporting, particularly for business…
Read MoreHMRC will return to recovering debts directly from bank accounts
HMRC will return to recovering debts directly from bank accounts HMRC has announced that they will re-start the use of direct recovery of debts (DRD) for individuals and businesses who do not pay the tax they owe, after HMRC paused the use of DRD during the pandemic. ‘Direct Recovery of Debts (DRD) is used when…
Read MoreOne Login system confirmed for Companies House
One Login system confirmed for Companies House Businesses will soon have to use a GOV.UK single sign in system which Companies House says will make it easier and safer for people to access its services. The system which is due to ‘go live’ from 13 October 2025 will mean that companies will have to go…
Read MoreCompanies House sets up portal to report stolen identities
Companies House sets up portal to report stolen identities As Companies House continues with its ‘clean up’, they are now concentrating on a crackdown of identity fraud by launching an online form, for any member of the public to report when a rogue company has used their individual personal details and address without permission. If…
Read MoreBuilding on the success of Odoo Experience 2025
Building on the success of Odoo Experience 2025 Our team have returned to the office following the incredible valued opportunity to attend Odoo Experience 2025. The event, provided them with an excellent platform to engage with the Odoo community, discover the latest developments which are on the way, continue to strengthen relationships with partners and…
Read MoreNew personal code ID verification codes for Companies House
New personal code ID verification codes for Companies House All company directors will have to verify their identity and will be given an 11-character code from November, which will be used for Companies House services. The verification which will be instant according to Companies House, as long as the correct documentation which is supplied to…
Read MoreMaking Tax Digital – quarterly reporting from 2026
Making Tax Digital – quarterly reporting from 2026 With Making Tax Digital (MTD) for Income Tax racing towards its start date for landlords and the self-employed, HMRC has now confirmed the exact filing dates for quarterly reporting. From April 2026, if your turnover is above £50,000 from self-employment and property income combined, taxpayers will need…
Read MoreWe’re Heading to Odoo Experience 2025!
We’re Heading to Odoo Experience 2025! We’re excited to announce that both our MD, Dermot Kennedy and our Senior Odoo Accountant, Chris Wood will again be attending the Odoo Experience 2025 next week. As specialist Odoo accountants, we help businesses get the very best from Odoo’s accounting and finance features – from accurate reporting to…
Read MoreBeware! – 170,000 scams reported to HMRC against taxpayers
Beware! – 170,000 scams reported to HMRC against taxpayers Scammers are continuing to ramp up their activity as HMRC warns of risk of dodgy tax refund offers and even threats of arrest for failure to pay a tax bill! With over 170,000 scam incidents reported to HMRC in the 12 months to 31 July 2025, of…
Read MoreHMRC continues to send updates for Making Tax Digital
HMRC continues to send updates for Making Tax Digital With just seven months to go until more than 800,000 landlords and self-employed workers will have to start to file quarterly updates with HMRC for Making Tax Digital (MTD) for Income Tax, The Director of MTD at HMRC, has explained what will happen. Therefore, if you’re…
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