Feb 4, 2026 | 2026, Business Start Ups, Current Guides, FAQ, HMRC, Limited Company, Tax
Thinking about whether to operate as a limited company can feel like a big step, especially when tax, compliance and long-term planning are involved. We support business owners across North Devon, and beyond, to assess whether going limited is the right move, handle...
Nov 3, 2025 | 2025, Current Guides, FAQ, HMRC, Income Tax, Making Tax Digital, Self-Assessment
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...
Sep 18, 2023 | FAQ, HMRC, Income Tax, Landlords, Vault
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...
Sep 4, 2023 | FAQ, Income Tax, PAYE, Payroll, Pensions, Vault
People making the most of flexible pension withdrawals have been facing tax overpayments due to miscalculations by HMRC. In Q2 2023 alone, the taxman repaid £56,243,842 to people who had been taxed more that they should on their pension withdrawals. This amounts to an...
Aug 14, 2023 | Expenses, FAQ, Information, News, PAYE, Payroll, Vault
We all love a perk of the job, and a major industry has built up around the types of employee perks companies are able to offer. The best news of all is that most of these will be tax deductible, which means the taxman will fund at least part of them. Everything from...
Jun 12, 2023 | FAQ, Information, Pensions, Vault
Our cars go through MOTs each year once they reach a certain age, but have you ever thought of giving yourself an MOT? The Government is offering a free midlife MOT for those in their 40s, 50s and 60s to help them make the right financial decisions for retirement. The...
