If you’re self-employed, a sole trader, landlord, contractor or company director who completes a Self Assessment tax return, one date you shouldn’t overlook is 31 July 2026. For many UK taxpayers, this is the deadline for making the second Self Assessment Payment on Account for the 2025/26 tax year. While January tends to receive most […]
Read MoreFor many business owners, Making Tax Digital (MTD) sounds like another government initiative that’s going to create more paperwork and more admin. The truth is rather different. When implemented properly, Making Tax Digital for small businesses can actually make bookkeeping simpler, improve cash flow visibility and remove much of the stress that comes with preparing […]
Read MoreWhen business owners look for an accountant, one of the first questions they often ask is: “How much does an accountant cost?” It’s a reasonable question. But it may not be the most important one. A better question might be: “How much value should an accountant deliver?” After all, the cheapest accountant isn’t necessarily the […]
Read MoreFor many business owners, freelancers, contractors and sole traders, one of the first questions they ask is: “How much should I be paying for an accountant?” The answer depends on the level of support you need, the complexity of your finances, and whether you want an accountant who simply files forms or one who actively […]
Read MoreRunning a growing business comes with enough pressure already. But one thing we see time and time again at Honest Accounting is this: Most accounting problems don’t happen overnight. They build slowly. A few missed receipts.Tax not being set aside properly.No visibility on cash flow.Systems getting ignored because business is “too busy.” And before long? […]
Read MoreIf you’re a sole trader, it’s a question that comes up time and time again: “Do I actually need accounting software… or can I just stick with spreadsheets?” The honest answer? Most sole traders don’t have a software problem. They have a visibility problem. And with Making Tax Digital (MTD) approaching, that distinction matters more than ever. […]
Read MoreWe’re here to make things simple. Whether you’re unsure about tax, need clarity on our fixed pricing, or just want some straightforward advice, ask away. At Honest Accounting, we’ll give you clear answers and practical solutions—no overpromises, just the support your business needs to move forward.
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