ICM Accountancy

Could your business be paying more tax than necessary?

HMRC Digital Services Are Expanding — Is Your Business Ready for What’s Next?

Missed Your MTD Deadline? Your Penalties Could Add Up Fast.

HMRC Mileage Allowance Rates 2026/27: 55p Per Mile Explained

Tax Debt Is Stressful. Direct Recovery Could Make It Worse.

Paid Too Much Class 1 National Insurance? You May Be Able to Claim a Refund Online

UK Business Rates Reform: Major Proposals Under Review

Your company accounts filing may look different from 2028.

Many small companies may need to provide more detailed financial information when filing their annual accounts.

From April 2028, new requirements will affect the way small companies and micro-entities file their accounts, including profit and loss information.

The best time to understand the changes is before the deadline arrives.

The first Making Tax Digital quarterly update deadline is approaching.

If you are affected by MTD for Income Tax, your first quarterly update covers 6 April to 5 July 2026 and is due by 7 August 2026.

Important: A quarterly update is a summary of your digital business income and expenses — it is not the same as a tax return.

Don't leave your first MTD submission until the last minute.

Need help preparing for Making Tax Digital? Contact ICM Accountancy.