The new tax year will bring about many changes for everyone in the UK, whether you are a sole trader, limited company, employer, or so...

Tax for the self-employed and Landlords is changing drastically, Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) is...

Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) is bringing a colossal change to reporting for many people. Short and...

We can start filing your self-assessment tax returns once the 2025 tax year is over after the 5th of April 2025. Now is the time to get...

The Spring budget brings about many changes relevant to all taxpayers in the UK. From April 06, 2025, owners of furnished holiday lets...

Short and Sons Accountants was started by a Licensed London Taxi Driver in 2017 as a dedicated Taxi-Accountant for drivers. The aim was...

Short and Sons Accountants have revisited the most effective way for a director to extract profits from their small limited company. We...

The 2024 Spring Budget delivered a mixed bag of news, but overall, it offers positive steps for self-employed individuals, employees,...

A much-needed change is coming to holiday entitlement for zero-hour, irregular-hour, and part-year workers. The change aims to simplify...

Expanding your team? Congratulations! But before welcoming your new employee, ensure you meet your HMRC obligations. This quick guide...

HMRC U-turn on Double Cab Van Tax! No reclassification of cars after industry outcry. Savings for businesses & farmers.

Let your side hustle flourish Boost your income, not your tax worries.  Whether you're flipping vintage finds on Etsy or crafting...

The FCA has communicated to insurers that they must act to ensure that their products provide fair value to their customers.

HMRC is investigating and contacting company directors that it suspects have earned dividends without declaring them in their taxable...

Over the years, our scam-savvy clients have reported many suspicious letters, emails, phone calls, and other communications to us. Short...

UK employees & self-employed benefit from NIC cuts. Save on NI bills! [Read tips for both] #taxcuts #NICs #UK

Short and Sons Accountants are no strangers to London's black cab industry, nor are we strangers to VAT. Black cab drivers and Private...

While filing for the 2022/2023 tax year, Short and Sons Accountants noticed that many taxpayers' accounting years finish before April...

The Ultra Low Emissions Zone (ULEZ) is expanding to cover all London boroughs from 29 August 2023. ULEZ is designed to combat poor air...

Time is Running Out: Did you know there's a limited-time opportunity to maximize your future state pension? The government is offering...

The Annual Tax on Enveloped Dwellings (ATED) is a tax imposed on residential property held within a Ltd Company.

Here we ask the question, why should you file your tax return early?

The Construction Industry Scheme (CIS) aims to combat non-compliant self-employed workers who fail to register their cash-in-hand pay...

This post aims to help you understand your tax bill better by providing all the information you need to know about self-assessment...