Jan 22, 2026 | HMRC, Self-Assessment
Explaining Late Return Fines for Self Assessment Before you panic, it is important to know that late Self Assessment penalties do not have to keep increasing. Bringing us on board early can reduce how long you remain liable for penalties by stopping further charges...
Jan 15, 2026 | HMRC, Self-Assessment
HMRC UTR Number: What It Is and Why You Need It Before the January Deadline If you complete a Self Assessment tax return, one reference number underpins the entire process. Your HMRC UTR number is essential for filing online, speaking to HMRC and ensuring your tax...
Jan 8, 2026 | HMRC, Self-Assessment, Tax
The 31 January 2026 Self Assessment Deadline Is Approaching As we move through January, the Self Assessment deadline of 31 January 2026 is coming into sharp focus. At North Devon Accounts, we speak to many individuals and business owners at this stage who are aware...
Dec 18, 2025 | Business Start Ups, FAQ, HMRC, Making Tax Digital, MTD Guides, Self-Assessment
The UK’s Making Tax Digital (MTD) initiative is changing how businesses manage and report their finances. For many small and medium-sized enterprises (SMEs), this might feel like yet another layer of admin but with the right support, it could be your chance to...
Nov 3, 2025 | Business Start Ups, FAQ, Guides, Making Tax Digital, MTD Guides, Self-Assessment, Tax
At North Devon Accounts, we know that any tax changes can sound daunting to small business owners. Making Tax Digital (MTD) is one of those phrases that makes people sigh and think “another rule to learn.” But there’s another way to look at it. From April 2026, MTD...
Oct 13, 2025 | Business Start Ups, Making Tax Digital, MTD Guides, Self-Assessment, Tax
If you’re a landlord, a major change is on the way. From April 2026, HMRC will extend Making Tax Digital (MTD) for Income Tax to those with property income over £50,000. At North Devon Accounts, we know tax changes can feel overwhelming, so here’s a clear guide to...
Oct 3, 2025 | Business Start Ups, Making Tax Digital, Self-Assessment, Tax
Important Update HMRC is changing the way many self-employed people and landlords report their income tax. This is called Making Tax Digital for Income Tax (MTD for ITSA). It means that instead of doing just one tax return a year, you’ll need to keep digital records...
Mar 1, 2025 | Expenses, HMRC, Self-Assessment
Your Unique Taxpayer Reference (UTR) is your unique 10 digit code that identifies you to HMRC. Who needs one? Any individual or entity which needs to file a tax return will need a Unique Taxpayer Reference, also known as a UTR. You will receive one when you register...
Sep 25, 2023 | Companies House, FAQ, HMRC, Information, News, Tips
When your business was registered at Companies House, you would have provided lots of detail about the business and the people who run it – including who are your directors, company secretary, the breakdown of share capital, and the type of business your company does....
Sep 18, 2023 | Business Start Ups, FAQ, Information, Tax, Tips
The ability to legally assign an income tax repayment, or the right to an income tax repayment, to a third party has been removed by HMRC from March 15 this year, meaning any repayment will remain the legal property of the taxpayer in question. The change affects...
