Accountify Chartered Accountants

Accountify Chartered Accountants Chartered Accountants

25/05/2026

β›½ HMRC Advisory Fuel Rates Update β€” Effective 1 March 2026!

HMRC has published the latest Advisory Fuel Rates (AFRs) for company car users. If your business reimburses employees for business mileage, make sure you're using the correct rates to stay compliant!

Here's a summary of the current rates:

πŸš— Petrol
β€’ Up to 1,400cc β€” 12p per mile
β€’ 1,401cc to 2,000cc β€” 14p per mile
β€’ Over 2,000cc β€” 22p per mile

πŸš™ Diesel
β€’ Up to 1,600cc β€” 12p per mile
β€’ 1,601cc to 2,000cc β€” 13p per mile
β€’ Over 2,000cc β€” 18p per mile

πŸ”΅ LPG (slight decrease this quarter)
β€’ Up to 1,400cc β€” 10p per mile
β€’ 1,401cc to 2,000cc β€” 12p per mile
β€’ Over 2,000cc β€” 19p per mile

⚑ Electric Vehicles
β€’ Home charging β€” 7p per mile
β€’ Public charging β€” 15p per mile (up 1p from last quarter!)

πŸ” Hybrid vehicles are treated as petrol or diesel for AFR purposes.

Remember β€” using the correct rates means reimbursements are tax and NI free for your employees. Using the wrong rates could lead to unexpected tax liabilities!

Not sure if your business is handling mileage reimbursements correctly? We're here to help! 😊

At Accountify Chartered Accountants, we help businesses stay on top of HMRC updates so you never get caught out.

πŸ“ž Call us: 020 3488 9323
🌐 Visit: accountify.co.uk
πŸ“§ Email: [email protected]

13/05/2026

πŸ’Ό Are you VAT registered? Are you on the RIGHT VAT scheme for your business?

Many business owners don't realise that choosing the correct VAT scheme can save time, reduce admin and even save money! At Accountify Chartered Accountants, we help businesses navigate the different VAT schemes to find the best fit for them.

Here's a quick breakdown of the main VAT schemes available:

πŸ“Œ Standard VAT Scheme – You pay VAT on sales and reclaim VAT on purchases. Best for businesses with significant input VAT to reclaim.

πŸ“Œ Flat Rate Scheme – Pay a fixed percentage of your turnover to HMRC. Great for small businesses with low VAT-able expenses as it simplifies the process.

πŸ“Œ Cash Accounting Scheme – You only pay VAT when your customer pays you, not when you invoice. Perfect for businesses with cash flow concerns.

πŸ“Œ Annual Accounting Scheme – Make advance VAT payments throughout the year and submit just one return annually. Ideal for businesses that prefer less frequent filing.

πŸ“Œ Retail Schemes – Designed specifically for retailers who make lots of small sales and need a simpler way to calculate VAT.

πŸ“Œ Margin Scheme – For businesses selling second-hand goods, art, antiques or collectibles β€” you only pay VAT on your profit margin, not the full selling price.

Not sure which scheme is right for you? That's where we come in! 😊

We'll review your business and make sure you're on the most tax-efficient VAT scheme for your circumstances.

πŸ“ž Call us: 020 3488 9323
🌐 Visit: accountify.co.uk
πŸ“§ Email: [email protected]

Get in touch today β€” we'd love to help! πŸš€

04/05/2026

πŸ“’ Big changes are coming for Sole Traders & Landlords β€” are you ready for Making Tax Digital (MTD)?

From April 2026, Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will be mandatory for self-employed individuals and landlords earning over Β£50,000. Those earning over Β£30,000 will follow in April 2027.

This means:
βœ… Quarterly digital submissions to HMRC
βœ… Compatible software required
βœ… No more paper records

It might sound daunting β€” but don't worry, we've got you covered! πŸ’Ό

At Accountify Chartered Accountants, we're already helping sole traders and landlords prepare for MTD. From choosing the right software to managing your quarterly submissions, we'll handle it all so you don't have to.

πŸ“ž Call us: 020 3488 9323
🌐 Visit: accountify.co.uk
πŸ“§ Email: [email protected]

Get in touch today and let's get you MTD-ready! πŸš€

16/04/2026

πŸ“… The tax year has just ended β€” and now is the perfect time to get ahead!

At Accountify Chartered Accountants, we know how busy this period can be. Whether you're a sole trader, small business owner, or limited company, we're here to take the stress out of your accounts and get everything in order.

πŸŽ‰ To mark the new tax year, we're offering exclusive deals for new clients β€” from tax returns to full accountancy packages.

βœ… Save time
βœ… Stay compliant
βœ… Keep more of what you earn

Don't put it off β€” the sooner you get sorted, the better! Get in touch today and let's make this tax year your smoothest one yet. πŸ’Ό

πŸ“© DM us or visit our website to find out more.

🌍 Proud to support Croydon & London businesses with expert accounting services.From startups to established firms, we he...
03/10/2025

🌍 Proud to support Croydon & London businesses with expert accounting services.
From startups to established firms, we help you manage accounts, payroll, and tax with confidence.

βœ… Local team, global expertise.
πŸ‘‰ www.accountify.co.uk | πŸ“ž 0203 488 9323

Chartered Certified Accountants

Home - Accountify
02/10/2025

Home - Accountify

Chartered Certified Accountants

At Accountify Chartered Accountants, we help businesses and individuals across Croydon, London with:βœ… Bookkeeping & Acco...
04/07/2025

At Accountify Chartered Accountants, we help businesses and individuals across Croydon, London with:

βœ… Bookkeeping & Accounts
βœ… Tax Planning & Returns
βœ… Payroll Services
βœ… Business Advisory
βœ… HMRC Compliance

Whether you’re a small business owner, freelancer, or growing enterprise, we’re here to make your finances stress-free β€” so you can focus on what you do best.

πŸ“ Local experts who understand the Croydon business community.
πŸ’Ό Transparent, affordable fees.
🀝 Personalised service you can trust.

✨ Let’s keep your numbers working for you! ✨

➑️ Get in touch today for a free consultation:
πŸ“ž 020 3488 9323
πŸ“§ [email protected]
🌐 www.accountify.co.uk

Chartered Certified Accountants

πŸ“’ Attention Croydon Business Owners! πŸ“’Are your business finances in order? Whether you're a startup, freelancer, or an e...
09/04/2025

πŸ“’ Attention Croydon Business Owners! πŸ“’

Are your business finances in order? Whether you're a startup, freelancer, or an established business, our expert accountancy services ensure you stay compliant, tax-efficient, and stress-free. πŸ’Όβœ…

At Accountify Chartered Accountants, we offer:
πŸ“Š Tax planning & filing
πŸ’° Bookkeeping & payroll
πŸ“‘ VAT & HMRC compliance
πŸ“‰ Business growth advice

Let us handle the numbers while you focus on growing your business! Get in touch today for a free consultation.

πŸ“ Address: 171 Shirley Road, Croydon, CR0 8SS
πŸ“ž Call us: 0203 488 9323
🌐 Visit us: www.accountify.co.uk

Address

171 Shirley Road
Croydon
CR08SS

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