Missing a tax deadline in the UK can sometimes lead to penalties that could easily have been avoided. HMRC now uses a penalty points system for late submissions. When deadlines are missed, charges can apply and interest may also build up on any tax that remains unpaid. Quite often, the issue isn’t complicated tax rules. It usually comes down to returns being filed late or records not being kept properly during the year. Maintaining records in an orderly way and submitting tax returns promptly will help avoid most of the issues that normally result in fines. At MHC & Co Chartered Accountants, we work with a wide range of clients across the UK, including small businesses, landlords and self-employed individuals who want to keep their tax affairs in order. When you are dealing with the deadline which is soon coming and you are not fully sure what to do next then it may be reasonable to consult an accountant and check the position and provide nothing before that. 📞 0333 789 1010 📧 info@mhcandco.co.uk 🌐 www.mhcandco.co.uk 📍 54 Gloucester Road North, Bristol BS7 0SJ, United Kingdom Speak to a Chartered Accountant today. #HMRC #UKTax #TaxDeadlines #MakingTaxDigital #AccountantUK #SmallBusinessUK #TaxCompliance #BristolBusiness

Many landlords across the UK are starting to hear more about Making Tax Digital (MTD) and how it may affect the way rental income is reported. Making Tax Digital (MTD) will require the more lucrative rentiers to maintain digital records and provide updates to HMRC on a more frequent basis than just on the traditional annual returns. For many landlords this will mean: • Keeping digital records of income and expenses • Quarterly updates to HMRC • Tracking property related costs more carefully • Using suitable accounting software Although April 2026 may still seem some time away, many landlords are already starting to review how their records are kept so the transition is smoother when the rules apply. At MHC & Co Chartered Accountants, we speak with landlords from different parts of the UK who want to understand what these changes might mean in practice. If your rental income is around or above £50,000, it may be sensible to review your current record-keeping and see whether any adjustments might be needed. 📞 0333 789 1010 📧 info@mhcandco.co.uk 🌐 www.mhcandco.co.uk 📍 54 Gloucester Road North, Bristol BS7 0SJ, United Kingdom Speak to a Chartered Accountant today. #UKLandlords #RentalIncomeUK #MakingTaxDigital #MTD2026 #PropertyTaxUK #LandlordUK #AccountantUK #BristolBusiness

Many taxi and delivery drivers across the UK are starting to receive letters from HMRC about their income. Over time HMRC has gained greater access to information from platforms such as Uber, Bolt and Deliveroo, as well as card payments and other digital records. As a result, the figures reported through these systems are increasingly being compared with what is declared on self-assessment tax returns. A letter from HMRC does not necessarily mean that anything is wrong. Quite often it is simply a request for clarification or confirmation of income. That said, it’s not something that should be ignored. Dealing with it early usually makes the process much simpler. For drivers who are self-employed, keeping accurate records of platform earnings, bank payments and any cash income is important. At MHC & Co Chartered Accountants, we regularly assist drivers throughout the UK with HMRC correspondence, self-assessment returns and reviewing reported income from ride-hailing and delivery platforms. In case you have received a letter and do not know what to do, you may find an explanation on what to do by talking to an accountant. 📞 0333 789 1010 📧 info@mhcandco.co.uk 🌐 www.mhcandco.co.uk 📍 54 Gloucester Road North, Bristol BS7 0SJ, United Kingdom 📞 Speak to a Chartered Accountant today. #UberDriverUK #TaxiDriverUK #DeliveryDriverUK #SelfEmployedUK #HMRC #UKDrivers #TaxHelpUK #AccountantUK

MTD IS COMING – ARE YOU READY? From April 2026, Making Tax Digital for Income Tax will apply to landlords and sole traders earning over £50,000. MTD means: ✔ Digital records ✔ Quarterly updates ✔ HMRC-approved software Sounds complicated? It doesn’t have to be. At MHC & Co Chartered Accountants, we help clients prepare early, stay compliant, and avoid last-minute stress. We use trusted, HMRC-approved systems and provide clear, practical support every step of the way. 📍 Bristol-based | 🌍 Supporting clients across the UK 📞 Book your MTD consultation today 👉 Message us or visit www.mhcandco.co.uk Hashtags: #MakingTaxDigital #MTD2026 #LandlordsUK #SoleTraders #SmallBusinessUK #BristolAccountant #CharteredAccountants #HMRCCompliance #MTDSupport

📌 What We Do — Accounting That Keeps Your Business Compliant & Confident At MHC & Co Chartered Accountants, we support small businesses, self-employed individuals, and landlords across Bristol and the UK. From Self-Assessment and VAT to Making Tax Digital (MTD), year-end tax, and payroll, we make sure everything is handled accurately, on time, and in line with HMRC requirements. With MTD for Income Tax starting in April 2026, now is the right time to get your systems and records in order. We focus on practical advice, modern digital systems, and clear communication — so you always know where you stand. 👉 Speak to a qualified accountant today and prepare with confidence. 📞 +44 333 789 1010 📧 info@mhcandco.co.uk 🌐 www.mhcandco.co.uk #BristolAccountant #CharteredAccountants #SmallBusinessUK #SelfEmployedUK #VATServices #MTD2026 #MTDCompliance #PayrollUK #TaxSupport

📊 Outsource Your Accounting — The Smart Business Move Running a business is demanding enough — your accounting shouldn’t slow you down. Outsourcing your accounting gives you clarity, compliance, and more time to focus on growth — while experts handle the numbers. At MHC & Co, we support small businesses across Bristol and the UK with reliable accounting, modern systems, and practical advice. From bookkeeping and VAT to tax planning and HMRC compliance, we make accounting straightforward and stress-free. If you’re looking for an accountant who understands small businesses and works seamlessly online, we’re here to help. 📞 +44 333 789 1010 📧 info@mhcandco.co.uk 🌐 www.mhcandco.co.uk #OutsourcedAccounting #BristolAccountant #SmallBusinessUK #OnlineAccountant #BusinessGrowthUK #AccountingServices #TaxAndAccounting #GrowWithMHCAndCo

What Are the Three Golden Rules of Accounting? Understanding the three golden rules of accounting is essential for accurate bookkeeping and financial clarity. These rules form the foundation of the double-entry accounting system used across the UK and globally. 👤 Personal Account Debit the receiver, Credit the giver 🏢 Real Account Debit what comes in, Credit what goes out 📄 Nominal Account Debit all expenses and losses, Credit all incomes and gains Following these principles ensures transparency, compliance, and better financial decision-making for businesses of all sizes. 📞 Contact us for expert assistance 📍 United Kingdom 📞 +44 333 789 1010 📧 info@mhcandco.co.uk 🌐 www.mhcandco.co.uk #Accounting #GoldenRulesOfAccounting #UKAccountants #CharteredAccountants #BusinessAccounting #BookkeepingUK #FinancialServices #MHCandCO #UKBusiness

CORPORATE TAX SERVICES – NOW OPEN (UK) MHC & Co – Chartered Accountants Running a limited company in the UK? Avoid HMRC penalties, late filings, and compliance issues. At MHC & Co, we provide professional Corporate Tax Services to ensure your corporation tax returns are filed accurately, compliantly, and on time. ✔ Corporation Tax Return (CT600) ✔ HMRC Compliance & Online Filing ✔ Corporate Tax Planning & Advisory ✔ Deadline & Penalty Management ✔ Confidential & Professional Service 📞 Contact us today for expert corporate tax assistance. 🌐 www.mhcandco.co.uk 📧 info@mhcandco.co.uk 📱 +44 333 789 1010 #CorporateTax #UKTax #CorporationTax #HMRC #UKBusinesses #UKAccountants #CharteredAccountants #TaxFilingUK #TaxCompliance #BusinessTax #LimitedCompanyUK #UKFinance #ProfessionalServices #AccountingServices #MHCandCo

Corporate Tax Services | Bristol, UK Running a business in the UK? Let MHC & Co Chartered Accountants manage your corporate tax with accuracy, compliance, and strategic insight. We help businesses reduce tax risks, stay HMRC-compliant, and improve profitability through expert corporate tax planning and advisory services. ✔ Corporate Tax Compliance ✔ Strategic Tax Planning ✔ HMRC Support & Risk Management Focus on growth — we’ll handle the tax. 📞 +44 333 789 1010 ✉️ info@mhcandco.co.uk 🌐 www.mhcandco.co.uk 📍 Serving Bristol & Across the UK #CorporateTax #UKAccountants #BristolAccountants #CharteredAccountants #BusinessTaxUK #TaxPlanning #HMRC #UKBusiness #ProfessionalServices #MHCandCo #TaxAdvisory #BusinessGrowth

WHAT WE DO – MHC & CO Chartered Accountants (UK) At MHC & Co, we provide reliable and professional accounting solutions tailored to UK businesses, startups, and individuals. Our expert team ensures compliance, accuracy, and strategic growth for your business. Our Core Services: ✔ Business Advisory Strategic guidance to help you grow, restructure, and make informed financial decisions. ✔ VAT Services VAT registration, returns, compliance, and HMRC correspondence handled professionally. ✔ Corporate Tax Accurate tax planning, filing, and compliance to keep your business tax-efficient. ✔ Corporate Services Company formation, annual accounts, confirmation statements, and statutory compliance. ✔ BPO (Business Process Outsourcing) Outsourced accounting, bookkeeping, payroll, and financial reporting services. 📌 Serving clients across the UK with integrity & expertise 📞 +44 333 789 1010 📧 info@mhcandco.co.uk 🌐 www.mhcandco.co.uk