How to Register for Self Assessment: A Step-by-Step Guide for 2026
You register for Self Assessment through the free HMRC service on GOV.UK, and if you started earning untaxed income during the 2025/26 tax year, you must tell HMRC…
Xero vs QuickBooks vs FreeAgent: Which Is Right for Your Business in 2026?
If you are choosing accounting software in 2026, the honest answer is that Xero, QuickBooks and FreeAgent will all handle the basics well, so the right one usually…
Allowable Expenses for Limited Companies: What You Can Claim in 2026/27
Your limited company can deduct any cost it runs up wholly and exclusively for the business, which lowers the profit you pay Corporation Tax on at 19% or…
Do I Need to File a Tax Return? A 2025/26 Guide for the UK
You need to file a Self Assessment tax return for the 2025/26 tax year if any of these applied to you between 6 April 2025 and 5 April…
Accountant in MediaCityUK and Salford Quays: Your 2026/27 Tax Guide for Freelancers, Agencies and Startups
MediaCityUK and Salford Quays have quietly become one of the busiest pockets of small business activity in Greater Manchester. Production companies, design studios, podcast makers, software startups and…
Allowable Expenses for the Self-Employed: What You Can Claim in 2026/27
If you are self-employed, you can deduct any cost that is wholly and exclusively for your business before working out the tax you owe, which directly lowers your…
Selling Online and Side Hustles: When You Need to Tell HMRC in 2026
You only need to tell HMRC about your online selling if it counts as trading and your gross income tops £1,000 in a tax year. Selling off your…
Limited Company Pension Contributions: The £60,000 Allowance
Your limited company can pay up to £60,000 a year into your pension as an employer contribution, with full corporation tax relief, no employer or employee National Insurance,…
Self Assessment Payments on Account: The 31 July 2026 Deadline
Your second Self Assessment payment on account for 2025/26 is due on 31 July 2026, just over a week away. The amount is half of your 2024/25 tax…
Employment Allowance 2026/27: How to Claim the £10,500 NI Cut
The Employment Allowance lets eligible employers knock up to £10,500 off their employer National Insurance bill for 2026/27. Most businesses with at least two people on the payroll…
YF Accounting