{"id":6,"date":"2020-12-14T15:46:14","date_gmt":"2020-12-14T15:46:14","guid":{"rendered":"https:\/\/capitalaccountants.com\/index.php\/mesmerize-pro\/"},"modified":"2026-04-01T14:09:43","modified_gmt":"2026-04-01T14:09:43","slug":"mesmerize-pro","status":"publish","type":"page","link":"https:\/\/capitalaccountants.co.uk\/","title":{"rendered":"Front Page"},"content":{"rendered":"
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Latest News<\/h2>

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tHMRC Can Sign You Up for MTD \u2014 Even If You Haven\u2019t Done It Yourself\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t

If you were expecting to register for Making Tax Digital when you had more time, there is an important change to know about. From September 2026, HMRC has started signing[…]<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tRead more\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tThe Tax Traps New Self-Employed People Don\u2019t Expect\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t

Starting as self-employed in the UK comes with a few tax surprises that are easy to miss. For example, a business expense is not automatically allowable just because you paid[…]<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tRead more\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tCommon MTD Myths That Could Cost You Money\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t

Making Tax Digital is bringing major changes to how many self-employed people manage their tax, but there are still plenty of misconceptions about what MTD actually requires. One common myth[…]<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tRead more\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tYour Income Dropped Below the MTD Threshold \u2014 Can You Stop Using MTD?\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t

Your income has fallen below the Making Tax Digital threshold. Does that mean you can immediately stop keeping digital records and sending quarterly updates? Not necessarily. HMRC looks at your[…]<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tRead more\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tPaid in Cash? HMRC Still Needs to See the Paper Trail\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t

Cash may not leave a bank statement, but it still counts as part of your business records. If a customer pays you in cash, you should record the income just[…]<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tRead more\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tFound a Mistake in Your Tax Return? Don\u2019t Panic \u2014 Fix It\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t

You submitted your Self Assessment, closed your laptop \u2014 and then noticed a mistake. Maybe you entered the wrong figure, forgot an allowable expense or left out some information. The[…]<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tRead more\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tSelling on Vinted? When Does a Clear-Out Become a Business?\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t

Selling a few unwanted clothes on Vinted or eBay does not automatically make you a trader. If you are simply getting rid of personal possessions you no longer need, you[…]<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tRead more\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\tYour Income Fell \u2014 So Why Is HMRC Still Asking for the Same Tax?\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t

Your business had a strong year, but your income has now dropped significantly. You check your Self Assessment and see that HMRC is still asking for Payments on Account based[…]<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tRead more\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t<\/div><\/div>

ALL NEWS<\/a><\/div> <\/div><\/div>
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Our office is situated in North West London with easy access from major commuter roads of Harrow Road (A404) and Great Western Road (A40). We are also only 10 minutes walk from Willesden Junction tube station on the Bakerloo Line.<\/p> <\/div><\/div>

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