Our Blog
Making Tax Digital – We’re ready, are you?
Making Tax Digital (MTD) is no longer just a passing comment or consideration of HMRC’s. It’s imminent, and now is the perfect time to ensure we’re all ready. In this blog we explore what MTD actually is, how SG [...]
SG Accounting’s FCSA accreditation renewal 2025
The whole team here at SG Accounting are proud to announce that our FCSA accreditation has been renewed for yet another year! How do you become FCSA accredited? To maintain our status as an accredited FCSA member, we undergo [...]
Spring Statement 2025
Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025. In the run up to the event, the Chancellor stated that she ‘remains committed to one major fiscal event a year to give families and [...]
Your Limited Company director’s responsibilities and key dates throughout the financial year – what you need to file with HMRC and Companies House
As a director of your Limited Company, you have legal responsibilities such as filing and submitting various forms and returns to Companies House and HMRC throughout the financial year. Failing to do so will result in penalties, fines and [...]
The Employer’s National Insurance rate increase
Overview of National Insurance Contributions Back in October 2024, the UK government released the much-anticipated Autumn Budget where they announced a variety of changes affecting UK employers. One of the significant talking points from this was the adjustments to [...]
2025/26 tax year rates and allowances
National Insurance & Tax Tax-free personal allowance - £12,570 Basic rate – 20% - up to £37,700 Higher rate – 40% - from £37,701 to £125,140 Additional rate – 45% - above £125,140 [...]
How to maximise your tax efficiency before tax year end 5 April 2025
Allowable expenses Claim all of your allowable expenses Ensure paid invoices have been recorded – chase those you’re still awaiting payment for Keep receipts 6 years after accounting period ISAs Use your ISA allowance £20,000 [...]
Should you close your Limited Company using an MVL?
Closing your Limited Company - your options For many business owners, there will come a time when you want to close your company for one reason or another. But until that point, you likely won’t have thought much about [...]
S455 tax – what business owners need to know
If you have your own Limited Company there may be times where you lend money to your company, which traditionally comes without tax implications. But what about when you need to personally borrow money from your Limited Company, and [...]
The Autumn Budget 2024
Forty billion pounds of tax rises represents one of the very largest tax rising Budgets outside of a time of recession, with Rachel Reeves announcing a compendium of changes aimed at businesses and higher tax payers. A penny off a [...]
Can you claim free childcare whilst working through your Limited Company?
Ask any parent what the most expensive part of having children is, and the majority will most likely tell you it’s childcare costs. Second to your monthly mortgage or rental costs, you may find that what you pay in [...]
Electric car tax – how much can you expect to pay and the differences between leasing and hire purchase
Are you running your own Limited Company and considering switching to an electric car? Before taking the leap it’s worth understanding the taxable implications that come with an electric car, and how this can be affected by the final [...]
How much can you claim for using your home as an office?
If you’re working from home or planning to do so in the future, you might be wondering how much you’re able to claim from your Limited Company for completing remote work from your own home. In this blog we explore [...]
SG Accounting is FCSA accredited for another year running
Here at SG Accounting we’re delighted to announce that our FCSA accreditation has been renewed for another year. To become an accredited member we annually have to undertake an independent and rigorous assessment of all our business services, operations, [...]
The benefits of appointing a specialist accountant
As a small business owner, your accounting duties can sometimes start to get in the way of what really matters to you - running your business. This is especially true for those who have newly incorporated, as the extra [...]
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New enquiries:
newbusiness@sg-accounting.co.uk
01962 896968
Existing clients:
enquiries@sg-accounting.co.uk
01962 867550