The Benefits of Completing Your Company Accounts Early

In the hustle and bustle of running a business, it’s easy to delay tasks that don’t seem urgent. However, completing your company accounts early can provide a range of significant benefits that not only streamline your business operations but also enhance your financial planning and decision-making processes.

1. Enhanced Financial Planning

HMRC's Making Tax Digital: Sole Traders Now Filing Four Returns a Year by 2026!

HMRC's Making Tax Digital: Sole Traders Now Filing Four Returns a Year by 2026

HMRC’s Making Tax Digital (MTD) is changing the game for sole traders, and here’s what you need to know. Starting in April 2026, if you earn over £50,000, you'll need to submit four returns a year—that's right, quarterly self-assessments. Sole traders earning between £30,000 and £50,000 will follow suit in 2027.

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