TaxAssist Accountants

Do you need a business bank account?

Not all businesses are legally required to have one – but there are many advantages, from keeping finances organised to looking more professional.

Not sure where to start? This helpful guide explains why you might need a business bank account, how to choose the right one and how to apply successfully.

Read the full article here: https://www.taxassist.co.uk/holborn/resources/articles/why-you-need-a-business-bank-account-and-how-to-choose-one

How much time could your business save with the right technology?

Whether it’s automating admin, improving workflows or simplifying day-to-day operations, technology can play a key role in helping businesses become more efficient.

Find out how technology can drive efficiencies for your business:
https://www.taxassist.co.uk/holborn/resources/articles/how-technology-can-drive-efficiencies-for-your-business

Automatic enrolment into workplace pension schemes was introduced to encourage people to save for retirement and it’s had a major impact.

Statistics from 2023 show an additional 10 million people are saving into a pension because of it.

If you’re an employer, understanding your auto-enrolment responsibilities is key to staying compliant and supporting your team’s future.

Read our guide to auto-enrolment pensions: https://www.taxassist.co.uk/holborn/resources/articles/your-guide-to-auto-enrolment-pensions

Exciting News – We have moved! 🎉

Thanks to the continued support of you – our amazing clients – we have moved to a new larger location!

From today, 8th June, you can find us at:

📍 44 Southampton Buildings, London WC2A 1AP

Our new office gives us more space to continue growing and – most importantly – to keep providing the service and support you know us for.
Everything else remains the same – same friendly team, same trusted advice, just a new home! 🙂

We look forward to welcoming you to our new office soon.

📞 020 7405 1770
💻 [email protected]

We’re often asked how widespread our network of accountants is and the answer is: pretty extensive with hundreds operating from almost 400 locations!

But like any growing organisation, there are still towns and cities in the UK where we’d love to extend our reach.

If you’re an accountant looking to grow your own practice with the backing of a recognised name and supportive network, we’d love to connect.

Contact us to find out more about how to join the TaxAssist Accountants network: https://www.taxassistfranchise.co.uk/franchise/available-territories

Started selling online or thinking about it? Whether it’s a side hustle or full-time business, it’s important to understand your tax obligations.

We’ve broken it down simply for you.

Read the full article here: https://www.taxassist.co.uk/holborn/resources/articles/tax-obligations-for-online-sellers

Don’t leave your Self-Assessment tax return until January!
Filing early comes with more benefits than you might think 👇

✅ Know exactly what you owe in advance
✅ More time to budget for your tax bill
✅ Avoid last-minute stress and deadlines
✅ Reduce the risk of mistakes from rushing
✅ Get peace of mind knowing it’s sorted

You don’t have to pay your tax bill straight away - but filing early means you can plan ahead with confidence.

Want to learn more about the benefits of filing early in more detail?

Read our latest article here: https://www.taxassist.co.uk/resources/articles/the-benefits-of-filing-your-tax-return-today

Scam warning: fake Companies House letters are catching businesses out.

If you’ve received unexpected post about registration, payment requests, or company updates, take a moment to double-check before acting.

Fraudsters often mimic official correspondence to pressure businesses into paying unnecessary fees or sharing information.

With thousands of scam reports logged every year, staying alert matters.

Learn how to spot the signs and protect yourself from tax and Companies House scams: https://www.taxassist.co.uk/holborn/resources/articles/how-to-protect-yourself-from-tax-scams

National Insurance rates vary depending on your earnings and employment status. Knowing where you fall can make a big difference to your take-home pay.

Read our full guide: https://www.taxassist.co.uk/holborn/resources/articles/how-much-national-insurance-do-i-pay

Got tax questions? We've got answers.

From self-assessment tax returns to VAT, find clear, expert advice on all your accounting queries in one place 👉

https://www.taxassist.co.uk/resources/questions-and-answers

Ready for the summer VAT changes?

A temporary 5% VAT rate for summer activities which could impact pricing and reporting - but what exactly do business need to be aware of?

We’ve broken down everything businesses need to know in our latest article, including who’s affected and how to prepare: https://www.taxassist.co.uk/holborn/resources/news/what-businesses-need-to-know-about-the-five-percent-vat-rate-cut-this-summer

Ready for the summer VAT changes? ☀️

A temporary 5% VAT rate for summer activities which could impact pricing and reporting - but what exactly do business need to be aware of?

We’ve broken down everything businesses need to know in our latest article, including who’s affected and how to prepare: https://www.taxassist.co.uk/resources/news/what-businesses-need-to-know-about-the-five-percent-vat-rate-cut-this-summer

If you are an employee or a director of your own limited company and use your personal car for business...this change matters.

For the first time in 15 years, the Government has increased the Approved Mileage Allowance Payments (AMAPs) by 10p per mile.

From 6 April 2026:

• 55p per mile (first 10,000 miles)
• 25p thereafter

And the best part? It’s backdated! If you’ve been claiming at 45p, now is a good time to review your arrangements.

Thinking about selling your second home? Before you put it on the market, make sure you understand how Capital Gains Tax could affect your profit.

Our article breaks down the key rules, exemptions and what you may need to pay.

Read more here: https://www.taxassist.co.uk/holborn/resources/articles/capital-gains-tax-on-second-homes

A month into the 2026/27 tax year, new opportunities to take income more tax efficiently.

From salary and dividends to pensions and director’s loans, understanding the right cash extraction strategy can make a real difference to your take-home income.

Swipe through for key tips➡️, then read the full article for a deeper dive: https://www.taxassist.co.uk/resources/articles/directors-cash-extraction-tax-efficient-strategies-for-the-new-tax-year

Minimum wage rules have changed - are you up to speed?

From new rates to what counts as working time, there’s more to consider than you might think.

Find out what employers need to know: https://www.taxassist.co.uk/resources/articles/what-employers-need-to-know-about-the-national-living-and-minimum-wage

Your next client could already be on LinkedIn! 👀

From building credibility to starting meaningful conversations, LinkedIn remains one of the most powerful tools for small businesses in 2026.

Swipe through for tips on how to get more from the platform and drive business growth ➡️.

Read more here: https://www.taxassist.co.uk/resources/articles/linkedin-how-to-make-it-work-for-your-business