Category Archives: Blog

‘Cancer is a word, not a sentence’. How humour helped inspirational accountant following double mastectomy

An inspirational cancer survivor is spreading a message of hope to others diagnosed with the disease as she shares how humour helped her through her illness. Mel Watson was just 33 years old when she was diagnosed with breast cancer. To control the disease, she opted for a double mastectomy and to have her ovaries…

We’re ready to help you become Maxing Tax Digital compliant

Our team is certified to help thousands of self-employed businesspeople become Making Tax Digital compliant. From April 2026, the government will start rolling out its Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) initiative which will require sole traders and landlords to keep digital records and submit quarterly updates to HMRC using compatible…

Digital tax reporting requirement for thousands of self-employed Cumbrian businesspeople

Self-employed businesspeople should start preparing now for legislation set to radically revamp the reporting of income tax to HMRC, Cumbrian accountants have urged. The government confirmed its plans to roll out its Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) initiative which will require sole traders and landlords who earn over £50,000 per…

Company directors in Cumbria and throughout the UK are being urged to act now to comply with incoming regulations

It comes ahead of new identity verification rules set to take effect later this year under the Economic Crime and Corporate Transparency Act 2023. The regulations will require directors and people with significant control (PSCs) over limited companies to verify their identities through Companies House in a bid to prevent the misuse of companies for…

What are the changes in payrolling benefits in kind for employers from April 2026?

Payrolling benefits in kind is currently voluntary. If an employer currently wishes to payroll benefits, they must register online before the beginning of the tax year they want to include them on the payroll. This may mean that the employer does not have to prepare P11D forms at the end of the tax year. However,…

Hannah a finalist in Carlisle College’s Apprenticeship Awards

Congratulations to Trainee Accountant, Hannah Brown, for being shortlisted in Carlisle College’s Apprenticeship Awards 2025. Hannah has worked at Saint & Co since leaving school in 2023 and started working towards the AAT qualification at Carlisle College in September 2024. She has shown great promise throughout her studies which has earned her being nominated by…

Time is running out if you want to exit your company and pay lower rates of capital gains tax

If you have traded through a limited company, and are looking to retire in the next couple of years, a common way to exit is to put the company into a Members Voluntary Liquidation (solvent liquidation). If this is the route for you, then you may want to ensure you liquidate the company before 5th…

What are the new tax implications for Double Cab Pick-Ups from April 2025?

The government has announced that Double Cab Pick-Ups will no longer be classed as commercial vehicles from April 2025 if the payload is more than 1,000kg (or 1,045kg with a hard top installed). The dates that the changes come into effect are: From 1 April 2025 for Corporation Tax, and From 6 April 2025 for…

How will the new VAT rules on private school fees affect you from 1 January 2025?

Due to new legislation, from 1 January 2025, all education services provided by all fee paying private primary schools, secondary schools and sixth form colleges will be subject to VAT at the standard rate. VAT will also need to be charged on Boarding Fees. Private schools will also need to charge VAT on any extra…