by Neetu Ladher | Jul 24, 2026 | Tax
The first Making Tax Digital quarterly update deadline is nearly here. If you are a sole trader or landlord who signed up for Making Tax Digital for Income Tax, the clock is ticking. HMRC has confirmed that the first quarterly update deadline for MTD for Income Tax is...
by Neetu Ladher | Jul 24, 2026 | Tax, Payroll
The HMRC mileage rate has just gone up. If you or your employees use a personal car or van for business travel, there is welcome news. HMRC has confirmed that the Approved Mileage Allowance Payment (AMAP) rate is increasing from 45p to 55p per mile for the first...
by Neetu Ladher | Jul 24, 2026 | Tax, Limited Company
If you’re considering an electric car through limited company ownership, there are major tax advantages in 2025. Many directors are now opting for an electric car through limited company setup due to low BIK and full capital allowances. Discover the tax benefits...
by Neetu Ladher | Jul 24, 2026 | Tax, Running Your Business
Filing a Self Assessment tax return for the first time can feel daunting. Whether you are a sole trader, freelancer, or landlord in Southampton, this guide explains what Self Assessment is, who needs to file, the key deadlines, and how a local accountant can take the...
by Neetu Ladher | Jul 24, 2026 | Limited Company, Running Your Business
One of the biggest decisions you will make when starting out is whether to trade as a sole trader or set up a limited company. Each structure has its own tax implications, legal responsibilities and administrative demands. This guide breaks down the key differences so...
by Neetu Ladher | Jul 23, 2025 | Blog
Meta Description: Need VAT registration help? Power Accountax in Southampton explains when to register and what small businesses should know in 2025. Should I Be VAT Registered? If you’re a small business owner, freelancer, or landlord in the UK, you may be...
