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Why January Is the Most Stressful Month for Small Business Owners (and How to Make It Easier)

12 January 2026

January is rarely anyone’s favourite month. After Christmas, cash flow is often tight, motivation is low, and for small business owners there’s an extra layer of pressure: tax deadlines. Every year, we speak to sole traders, freelancers and small company directors who feel overwhelmed in January,  not because they’ve done anything wrong, but because everything […]

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What the 2025 Budget Means for Contractors and Freelancers — Umbrella vs Limited Company

27 November 2025

The 2025 Budget, delivered by Rachel Reeves on 26 November 2025, brings several important changes that will impact contractors and freelancers across the UK. Wikipedia+1 Whether you work through an umbrella company or operate as a limited company contractor, there are key tax, pension and cashflow considerations you need to understand. We’ve broken down the main updates and when […]

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Honest Accounting Partners with Lancaster On Ice for a Festive Season to Remember

20 November 2025

We’re thrilled to announce that Honest Accounting is an official sponsor of Lancaster On Ice 2025! As a proud Lancaster business, we’re excited to combine festive fun with our commitment to supporting the local community. From November through December, we’ll be bringing a whole host of activities and surprises to the rink, making this year’s event […]

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Tax isn’t just about what you owe. It’s about what you keep.

19 September 2025

When people hear the word “tax,” the reaction is usually the same: a groan, a raised eyebrow, or a panicked scroll through HMRC’s website. But good tax planning isn’t about scrambling to meet deadlines or wondering what you’re allowed to claim. It’s about taking control, and making sure your hard work translates into financial reward. “Most business owners […]

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Why It’s Time to Get Serious About Making Tax Digital


19 September 2025

Let’s be honest, no one gets excited about HMRC deadlines. But Making Tax Digital (MTD) is coming, and it’s not something to ignore or leave until the last minute.   From April 2026, MTD for Income Tax Self Assessment (ITSA) will apply to most self-employed people and landlords earning over £50,000 a year.  And by April 2027, […]

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Are You Claiming Everything You’re Entitled To? Let’s Talk Allowable Expenses.

9 September 2025

Are you claiming all of your allowable business expenses? More often than not, the answer is “probably not.” At Honest Accounting, we see this all the time, business owners missing out on perfectly legitimate tax deductions simply because they’re unsure what’s allowed, nervous about pushing the boundaries, or just haven’t had the right advice. “If you’re […]

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