• Posted April 15, 2025

Key Dates for the 2025/26 Tax Year: Stay Ahead of HMRC Deadlines

Introduction As we enter the 2025/26 tax year, keeping track of important HMRC deadlines is essential for both individuals and businesses.  Missing these key dates can result in penalties, interest charges, and unnecessary stress. At Whitesides Chartered Accountants, we’ve compiled this comprehensive guide to help you stay organised and compliant throughout the tax year. April […]


  • Posted March 24, 2025

The Complete Beginner’s Guide to Filing Your First Tax Return

Filing your first tax return can feel like navigating uncharted territory. Whether you’ve recently become self-employed, started earning additional income, or received a notice from HMRC, understanding the basics of the Self-Assessment process is essential for compliance and peace of mind. This guide will walk you through everything you need to know to confidently complete […]


  • Posted March 5, 2025

How Do You Check Your Tax Code?

Introduction Your tax code may look like a random assortment of numbers and letters, but it significantly impacts how much tax you pay each month. At Whitesides Chartered Accountants, we regularly help clients discover they’ve been assigned incorrect tax codes. This straightforward guide explains how to check your tax code, understand what it means, and […]


  • Posted February 28, 2025

Top Tax Tips for Individuals as We Approach the Tax Year End

Introduction The current tax year end is rapidly approaching and now is a crucial time to review your financial situation and ensure you’re taking advantage of all available tax allowances and reliefs. At Whitesides Chartered Accountants, we’ve compiled our top tax-saving tips to help you make the most of the remaining weeks before the 5 […]


  • Posted September 21, 2023

Tax Deadlines for 2023/24 – Key Dates for Self-Assessment Tax Returns

6th April – Start of the Tax Year The tax year runs from 6th April to 5th April the following year, any income earned in this period needs to be reported on your self-assessment tax return. This is also the date any new tax rates or allowances announced in the budget are implemented. Fun Fact: […]


  • Posted February 23, 2023

What To Do Before the End of the Tax Year?

Not sure what you should do to prepare for the end of the tax year? Here is our handy list of tasks you might want to consider before it’s too late! The tax year ends on 5 April 2023 and now is a great time to get you head round all the tax changes that […]


  • Posted October 17, 2022

Interim Mini Budget

On Friday Jeremy Hunt was appointed the new Chancellor, this morning he made his first official statement as Chancellor where he reversed almost all the tax cuts announced in the mini budget. I have summarised below the changes he announced, there will be a fiscal plan delivered on 31 October 2022 which we will also […]


  • Posted September 28, 2022

Mini Budget

On Friday 23 September the new Chancellor presented his mini budget to the House of Commons. Below is an outline of the main points that will affect clients. You should note that there is no Finance Bill accompanying this mini budget, although the legislation for the reduction in the national insurance was introduced into the […]


  • Posted July 16, 2020

How much money should I put aside for my Personal Tax Bill?

Estimating how much you need to save for your end of year tax bill can be tough, especially if your business has quite a few expenses. If your freelance business provides a service like tutoring or marketing, you may have limited expenses and you will take home a large part of what you turnover. However, […]