The 10 essentials to complete your Self-Assessment tax return for 2024/25

ESSENTIAL INFORMATION YOU’LL NEED TO COMPLETE YOUR SELF ASSESSMENT TAX RETURN

Completing a Self Assessment tax return is much easier when you have all the right information to hand before you start. Whether you’re employed, self-employed, a landlord, investor or someone with multiple income sources, gathering your documentation early can help you avoid mistakes, reduce last-minute stress and ensure you don’t miss anything important.

ISO 27001: Raising the bar for customer confidence

TaxCalc has achieved ISO 27001 certification in recent months, marking a major technical  milestone.

But it represents so much more than that; it’s a public commitment to safeguarding customer data and providing peace of mind. For clients and prospects, this certification is a visible sign that their information is protected by robust, independently verified processes.

Budget 2025 - reaction and analysis

Chancellor Rachel Reeves delivered her second Budget on Wednesday 26 November 2025, introducing £26.1 billion in annual tax rises by 2029/30. While Labour's manifesto pledge not to increase income tax, National Insurance or VAT for "working people" remained technically intact, a raft of measures will significantly impact your clients' tax planning strategies. Here's the comprehensive update for accountants and their practices.

Top 10 charity accounting mistakes – and how to avoid them

Charity accounting is complex. Many charities - particularly smaller ones - still get the basics wrong.

Between evolving regulations, unique governance structures and the quirks of SORP, even experienced accountancy professionals can stumble.

At TaxCalc, we’ve reviewed hundreds of charity accounts and seen the same mistakes crop up time and again.

Many of these issues stem from charities preparing accounts manually in Word or Excel, where errors are easy to make and hard to catch. Here’s a rundown of the most common pitfalls - and how you can avoid them.

Anti-money laundering sneaks itself on hectic January tax season

For a lot of accountants, January is not the best time to think of anything else other than tax.  As you tuck in to SA return after SA return you may or may not have noticed that following a consultation back in June 2019 the money laundering and terrorist financing (amendment) regulations 2019 (MLRs) came into force on 10 January 2020, updating existing regulations.

Here is a brief summary of some of the key changes within the 2019 regulations.