Blog
MTD for Income Tax 2026: What Sole Traders & Landlords Need To Know
HMRC has confirmed that Making Tax Digital (MTD) for Income Tax will become mandatory from 6 April 2026 for sole traders and landlords with annual business or property income over £50,000. From 6 April 2027, the threshold will be reduced to £30,000.
Director’s Loan Accounts Explained: A Guide for Company Directors
As a company director, you may use your business’s funds for personal expenses or inject personal funds into your company. These transactions flow through your Director’s Loan Accounts (DLA). Understanding how DLAs work – and the tax rules that apply – helps you stay compliant and avoid unexpected tax charges.
Keeping Brighton’s Cultural Heart Beating: Plus Accounting Joins Forces with The Old Market
At Plus Accounting, we believe that businesses thrive when the communities around them flourish. That’s why we’re proud to announce our partnership with The Old Market (TOM), one of Brighton & Hove’s most cherished cultural venues.
Understanding Postponed VAT Accounting (PVA) in Xero
In this blog, we’re understanding Postponed VAT Accounting (PVA) and how it can improve your cash flow and ease your administrative burdens.
VAT Entries in Xero: “No VAT” Posting
One of the frequent challenges our clients face is ensuring their VAT entries in Xero are accurate and compliant. In this blog, we’re breaking down the critical details of VAT posting within Xero and how the correct categorisation of transactions can save you from errors on your HMRC submissions.
My business is growing, do my internal processes need to change?
When you started your business, the processes you developed helped you to manage all the behind the scenes tasks to enable you to provide products and services to your customers. As your business grows your processes will need to change for a number of reasons and Helen looks at these in her latest blog article.
See how we can help you...
We believe in being involved with the local business community and that is why we network extensively, host regular business seminars, write blogs and have many trusted, professional contacts