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Latest articles from Nunn Hayward LLP, Chartered Accountants

Upcoming changes to business tax reliefs

Upcoming changes to business tax reliefs

Recent Budget announcements have introduced two significant changes that will affect many business owners from 6 April 2026.
Tags: – For business, Corporate, Tax planning, Tax relief, For you, Business asset disposal relief

January Tax Payments

January Tax Payments

January is one of the busiest months in the tax calendar. For many businesses and individuals, it brings together several significant tax payment deadlines at the same time.
Tags: – For you, For business, Tax planning, Tax relief, Self assessment tax return, Corporate tax planning

Stamp Duty Land Tax

Stamp Duty Land Tax

SDLT is payable by the purchaser in a land transaction occurring in England and Northern Ireland. For land transactions occurring in Scotland, Land & Buildings Transaction Tax (LBTT) applies and in Wales land transactions are chargeable to Land Transaction Tax (LTT).
Tags: – For you, Stamp duty land tax

Xero Training with Nunn Hayward

Xero Training with Nunn Hayward

Xero is one of the world’s leading cloud-based accounting platforms, designed to make managing your business finances straightforward, efficient, and accessible.
Tags: – For business, Xero training

Emerging Budget concerns

Emerging Budget concerns

Following the recent Budget, a number of themes are starting to surface in discussions with business owners. While the announcements themselves may not have contained many dramatic headline changes, the practical impact is becoming clearer as businesses begin to assess what the measures mean for cash flow, staffing, tax exposure and future planning.
Tags: Businesses, Finance team, Payroll, Tax relief, Tax planning

Company Secretarial

Company Secretarial

In today’s regulatory environment, maintaining robust corporate governance and statutory compliance is critical to protecting your business’s legal standing and reputation.
Tags: Company secretarial

Support Save The Children

Support Save The Children

This year, our team got fully into the festive spirit by taking part in Christmas Jumper Day!
Tags: CSR

GX Physio presentation for staff

GX Physio presentation for staff

We were delighted to welcome Tim Barsellotti from GX Physio to our office for an engaging and informative session on physical wellbeing.
Tags: CSR

Taxation Services

Taxation Services

At Nunn Hayward, our taxation services are built around technical precision, commercial understanding and a personalised approach.
Tags: Business asset disposal, Capital gains tax, Enterpsie investment scheme, Fee protection, Inheritance tax, Making tax digital, Property tax, Seed enterprise investment scheme, Self assessment tax return, Tax investigations, Trust register, Tax investigations , P11D, Vat returns, Fee protection, Capital allowances, Patent box

Management Accounts

Management Accounts

Management Accounting is an essential investment for any business that aims to thrive in today’s competitive environment.
Tags: Management accounts

Accounting Services

Accounting Services

At Nunn Hayward, we know that every business is unique.
Tags: Year end accounts, Accounting software

Audit and Assurance

Audit and Assurance

At Nunn Hayward, our Audit and Assurance services go beyond statutory compliance.
Tags: Audit and assurance

Corporate Tax Services

Corporate Tax Services

Corporate tax is a tax on the profits of limited companies and certain other organisations, including clubs and societies.
Tags: : Corporate tax, R and D, CT600, Capital allowances, Patent box

Financial Management Services

Financial Management Services

At Nunn Hayward, our financial support team provides comprehensive, tailored services to help you manage the financial function of your business more effectively.
Tags: P11D, Bookkeeping and VAT, Management accounts, Monthly financial reporting, Accounting software, Business key performance indicators, Financial controller, Financial modelling

Payroll

Payroll

Managing payroll can be time-consuming, complex, and costly.
Tags: Payroll

Santas grotto

Santas grotto

We held our annual Santa’s Grotto in November this year as part of the Gerrards Cross late-night shopping event.
Tags: CSR

Christmas Card Competition

Christmas Card Competition

Each year, we run a Christmas card competition with local primary schools, alongside a digital animation Christmas card project with local secondary schools.
Tags: CSR

Nunn Hayward supporting local school in mathematics competition

Nunn Hayward supporting local school in mathematics competition

We are proud to support St. Mary’s School in their mathematics competition, which we help organise at the end of each term.
Tags: CSR

Fundraising through exercise. Two staff members, Joe from IT and Millie from Marketing

Fundraising through exercise. Two staff members, Joe from IT and Millie from Marketing

In December, our team members Millie and Joe took on the tough HYROX fitness event
Tags: CSR

Winter fuel tax

Winter fuel tax

The Winter Fuel Payment will continue to be paid in full each winter and recipients will still receive the payment directly into their bank accounts.
Tags: You, Tax relief, Tax planning, Self assessment tax returns

Companies House Tightens Fees

Companies House Tightens Fees

Companies House's latest changes mean some registers no longer need to be kept, but the benefit is offset by markedly increased fees. The doubling of incorporation costs is a notable downside.
Tags: Business, Corporate finance

National living and minimum wage goes up again

National living and minimum wage goes up again

The minimum wage will increase on 1 April 2026, providing a notable uplift for younger workers and apprentices. Employees stand to benefit, but the extra cost may be difficult for many employers to absorb, particularly in hospitality.
Tags: Business, Corporate finance, Payroll, Finance team, Monthly financial reporting

Renters rights act to go ahead with reforms

Renters rights act to go ahead with reforms

The Renters Rights Act was granted Royal Assent recently, and while detailed guidance is awaited, the first stage of changes will take effect from 1 May 2026.
Tags: Business, Corporate finance, Monthly financial reporting

Venture Capital Trust Changes

Venture Capital Trust Changes

Income tax relief for individuals investing in venture capital trusts (VCTs) is set to be reduced, but the scheme will become more attractive through higher gross asset and investment limits.
Tags: You, Tax relief, Tax planning

Dividends vs Salary

Dividends vs Salary

Many director shareholders use a combination of salary and dividends to take income from their companies.
Tags: Business, Corporate tax planning

Making Tax Digital Exemptions

Making Tax Digital Exemptions

Making Tax Digital (MTD) will become mandatory for sole traders and landlords with an annual income of more than £50,000. However, some may be able to avoid the requirements.
Tags: Business, Corporate, Making tax digital, You

New Real Time Payment Service for High Income Child Benefit Charge

New Real Time Payment Service for High Income Child Benefit Charge

HMRC’s newly launched online service means that taxpayers can pay a high income child benefit charge (HICBC) in real time. It should reduce the number of individuals who have to register for self assessment only for HICBC.
Tags: Tax planning

Untangling Red Tape on Company Reporting

Untangling Red Tape on Company Reporting

Government plans on company reporting appear somewhat contradictory. Some regulations are set to tighten from April 2027, but latest announcements suggest a move in the opposite direction.
Tags: Business, Corporate finance, Monthly financial reporting

What Are the Risks for Directors Loans

What Are the Risks for Directors Loans

Used wisely, a company loan can be an attractive option for directors who need to access company funds, especially if the need is urgent. However, there can also be serious tax implications for the unwary.
Tags: Business, Corporate finance, Tax relief, tax planning

Cash Isa’s Twice As Popular as Stocks and Shares

Cash Isa’s Twice As Popular as Stocks and Shares

HMRC figures for 2023/24 show cash ISA subscriptions have increased by almost 224% more than stocks and shares ISAs by the end of the decade.
Tags: Business, Corporate finance

Tax Planning 2025–26

Tax Planning 2025–26

This is a helpful moment to pause and review. A short conversation now can prevent rushed decisions later, and it can ensure that the main allowances and reliefs are used in a sensible and balanced way.
Tags: You, Estate planning, Inheritance tax, Self assessment tax returns, Tax planning

Neurodiversity talk

Neurodiversity talk

We recently had our very first Neurodiversity Talk, and it turned out to be an incredibly informative and eye-opening session for everyone who attended
Tags: CSR

Cash flow controls

Cash flow controls

Why cash flow matters now
Tags: Business, Financial controller, Corporate finance, Payroll

Companies house id verification

Companies house id verification

As part of new Government measures to prevent corporate misuse, Companies House is introducing mandatory identity verification for all company directors, people with significant control (PSCs), and anyone authorised to file on behalf of a company.
Tags: Corporate

The stamp duty tangle

The stamp duty tangle

The former Deputy Prime Minister Angela Rayner’s recent problems with stamp duty land tax (SDLT) offer a salutary lesson.
Tags: For you, Tax planning

Vat Return Errors Get An Update

Vat Return Errors Get An Update

HMRC have withdrawn form VAT652. Companies with large VAT return errors must now submit corrections online or in writing. Larger VAT return errors are entered as method 2 type corrections, whereas method 1 is used when correcting smaller errors
Tags: Corporate, Tax and vat compliance

Cryptocurrency Conundrums

Cryptocurrency Conundrums

A Bank of England proposal to cap stablecoin holdings at a maximum of £10,000 or £20,000 for individuals has received fierce criticism; however, there are signs the Bank is softening its stance
Tags: Corporate

Let Property Campaign Nudges Up Revenues

Let Property Campaign Nudges Up Revenues

HMRC’s Let Property Campaign has been running for over twelve years. In 2024/25, it pulled in a record £107 million from landlords – more than a 60% increase on the previous year
Tags: Tax planning

Beat the budget

Beat the budget

With the Autumn Budget now only weeks away, there is growing speculation that the Chancellor, Rachel Reeves, may look to reduce higher rate tax relief on pension contributions as part of her wider plan to rebalance the tax system
Tags: Corporate, For you, Tax planning

The State Pension Under Review Again

The State Pension Under Review Again

Before Parliament broke for the summer, the Government announced a review of the State Pension Age (SPA). Pensioners are a sensitive topic for the Government.
Tags: Tax planning, For you

Electric Car Charging Rates Change - Home And Away

Electric Car Charging Rates Change - Home And Away

Starting 1 September 2025, two separate advisory fuel rates apply to fully electric cars depending on whether charging is at home or using a public charger
Tags: Corporate

Changes To Content Of Director

Changes To Content Of Director's Tax Return

From the 2025–26 tax year, HMRC is introducing new reporting rules for company directors. This means that when you complete your Self-Assessment return for that year (filed after 6 April 2026), you will be required to provide more detail than in the past
Tags: Corporate

CSR Team Rotation

CSR Team Rotation

Every two years, we rotate our CSR team, giving different members of staff the opportunity to get involved, contribute fresh ideas, and help drive our initiatives forward
Tags: CSR

Preparation For Mtd For Income Tax

Preparation For Mtd For Income Tax

From April 2026, Making Tax Digital (MTD) for Income Tax becomes mandatory for many unincorporated businesses and landlords. This is one of the biggest changes to personal tax compliance in years, and it is important to begin preparing now rather than waiting until the deadline approaches
Tags: Corporate

Changes Made To Pension Relief Claims

Changes Made To Pension Relief Claims

Following the discovery that a third of pension relief claims via PAYE tax codes contained errors, HMRC has strengthened its checks.
Tags: Tax planning, For you, Tax relief

Miscalculated Marginal Relief Corporation Tax Targeted By Hmrc

Miscalculated Marginal Relief Corporation Tax Targeted By Hmrc

HMRC has launched a new campaign under which companies that may have incorrectly calculated their corporation tax marginal relief could receive a letter
Tags: Tax planning, Corporate

Selling your company business

Selling your company business

A key factor when disposing of a business is determining whether Business Asset Disposal Relief (BADR) can be claimed to mitigate the capital gains tax (CGT) liability. From April 2026, the relief will become less favourable, which may prompt some company owners to consider an earlier sale
Tags: Corporate

Do You Need To Register For Self Assessment

Do You Need To Register For Self Assessment

If you have a new source of income that is not taxed at source, you may need to register with HMRC for Self-Assessment. This applies if you became self-employed during the 2024-25 tax year, started receiving rental income, made significant savings or investment gains, or became a company director.
Tags: For you, Tax planning

Time to consider pension top ups

Time to consider pension top ups

If you are a higher or additional rate taxpayer, now may be a good time to review your pension contributions before the Chancellor delivers the Autumn Budget later this year. There is growing speculation that the government may look to reduce the tax relief available on pension contributions for higher earners possibly even introducing a flat rate of relief for all taxpayers
Tags: For You, Financial Reporting, Tax Planning

Online Income Reporting

Online Income Reporting

If you sell goods or services through an online platform such as eBay, Vinted, Etsy or Airbnb, it is important to understand that new reporting rules now apply
Tags: For you, Tax relief

Are You A New Employer?

Are You A New Employer?

Taking on your first employee is an important milestone, but it also brings a series of responsibilities that must be managed carefully. Meeting these obligations from day one will help you avoid penalties and build trust with your new staff
Tags: Corporate

Lasting power of Attorney

Lasting power of Attorney

When it comes to later life planning there are many scenarios that you need to consider, and most of the time it can be quite overwhelming. We have had clients ask us questions pertaining to Lasting Power of Attorney and capacity
Tags: For You, Tax Planning

Helping you Through Bereavement

Helping you Through Bereavement

In this Special Issue Broadcast, we provide details on what to do after the passing of a loved one. Factors such as how to register a death, notifying various Government departments and how to effectively manage financial issues are included.
Tags: For You, Tax Planning, Trusts, Estate Planning

Nunn Hayward Litterpick

Nunn Hayward Litterpick

Twice a year, Nunn Hayward proudly organises with Bucks County Council community litter picks across the Gerrards Cross High Street and surrounding commons.
Tags: CSR

Macmillan

Macmillan

Every year, we’re proud to take part in the Macmillan Coffee Morning, coming together to raise vital funds for this incredible charity that provides essential support to people living with cancer and their families
Tags: CSR

GXCA Snooker Club

GXCA Snooker Club

We are proud to continue our support for the Gerrards Cross Community Association (GXCA), and are especially excited about their latest initiative – the launch of their very own Snooker Club!
Tags: CSR

Remuneration Planning

Remuneration Planning

If you are a company director-shareholder, how you take money out of your business is one of the most important decisions you make each year. Salary, dividends, pensions and benefits all have different tax treatments, and the right mix can save you significant money
Tags: Tax Relief, Tax planning, For you

Likely To Reduce Your Payroll Costs?

Likely To Reduce Your Payroll Costs?

The recent increase in National Insurance Contributions (NIC) for employers is adding to the financial pressure many businesses are already facing from inflation, higher borrowing costs and general economic uncertainty
Tags: Corporate, For you, Financial reporting

HMRCS Digital roadmaps shifts

HMRCS Digital roadmaps shifts

HMRC has dropped its plans to extend Making Tax Digital (MTD) to corporation tax. Instead, new digital services will be introduced throughout 2025/26, as set out in its recently published transformation roadmap.
Tags: For You, Finance Team, Corporate

Company Cars Are Having a Revival

Company Cars Are Having a Revival

Newly released statistics indicate a resurgence in company car usage, with 80,000 more recipients in 2023/24 compared to the previous year
Tags: For You, Finance Team, Corporate

An Ominous Update for Pensions

An Ominous Update for Pensions

Unfortunately, the outlook is negative. The government has confirmed that most unused pensions will be subject to inheritance tax (IHT), and it also plans to review the State Pension Age (SPA)
Tags: For You, Tax Planning

Crypto Transactions Under New Scrutiny

Crypto Transactions Under New Scrutiny

Starting 1 January 2026, crypto investors will be subject to new reporting obligations when buying, selling, transferring, or exchanging cryptoassets like Bitcoin.
Tags: Corporate

SIPP VS SSAS

SIPP VS SSAS

How Investing In A Sipp Or A Ssas Can Boost Your Business And Your Retirement
Tags: For You, Tax Planning

Breast cancer afternoon tea

Breast cancer afternoon tea

We recently held our Breast Cancer Afternoon Tea event
Tags: CSR

NH sponsors the Classic Car Show

NH sponsors the Classic Car Show

We are delighted to continue our support for the Classic Car Show, a much-loved local event now celebrating its 16th successful year.
Tags: CSR

NH Sponsors Phoenix Rugby Club

NH Sponsors Phoenix Rugby Club

We are thrilled to announce that we are now official sponsors of Phoenix Rugby Club, a fantastic local team based in Taplow that brings together players, families, and fans from across the community.
Tags: CSR

Planning ahead navigating pension changes

Planning ahead navigating pension changes

By April 2027, unused pension funds and death benefits will become liable to inheritance tax (IHT). Here's why that matters and what you should be doing now to prepare
Tags: Tax planning, For you

IHT - Why Waiting Could Cost Your Family

IHT - Why Waiting Could Cost Your Family

When it comes to inheritance tax (IHT), one of the costliest mistakes families make is waiting too long to plan. It’s a subject many put off, often due to the discomfort of contemplating death or assuming that it doesn’t apply to them. But delayed planning can come with a hefty price tag potentially leaving your loved ones with a significant bill and reducing the legacy you intended to pass on
Tags: Tax planning, For you

IHT changes in draft legislation

IHT changes in draft legislation

The Government has confirmed a number of important changes to Inheritance Tax (IHT) rules as part of the draft Finance Bill 2025-26, published on 21 July. These changes could affect the estates of business owners, farmers, and anyone with unused pension funds
Tags: Tax planning, For you

Will reform proposals - time to revise Victorian rules

Will reform proposals - time to revise Victorian rules

The Law Commission has made a variety of proposals to reform the law governing wills in England and Wales
Tags: For you

End of UK Non dom Regime

End of UK Non dom Regime

As of 6 April 2025, the UK's long-standing non-domiciled (non-dom) tax regime has officially been abolished, marking a major turning point in how the UK taxes foreign income and gains for resident individuals. The new rules introduce a residence-based approach that significantly alters the planning landscape for international professionals and long-term UK residents alike
Tags: Corporate, UK tax residence and domicile

Upcoming changes to small company accounts filling

Upcoming changes to small company accounts filling

As part of the Economic Crime and Corporate Transparency Act, Companies House will significantly reform small company filing requirements. These changes are designed to enhance corporate transparency, reduce misuse of limited liability status, and improve data integrity
Tags: Corporate, Strategic partnership

Business take stock of increased costs

Business take stock of increased costs

April’s National Insurance Contributions (NICs) and minimum wage increases are having a major impact on businesses, with around half freezing pay. Many owners are even also considering moving their business abroad to avoid the UK’s high tax environment
Tags: For You, Financial Reporting, Tax Planning,

Nearly £50 billion missing in tax take

Nearly £50 billion missing in tax take

The latest estimate of the tax gap shows that missing taxes are approaching £46.8 billion, with some 5.3% of total taxes going unpaid
Tags: For You, Financial Reporting, Tax Planning,

HMRC App

HMRC App

Staying in control of your tax affairs is easier than ever, thanks to the HMRC mobile app a free and secure tool that provides quick access to key personal tax information, anytime and anywhere
Tags: FOR YOU, Financial Reporting, Tax Planning, Finance Team

Pick-up Cabs

Pick-up Cabs

If your business uses double-cab or extended-cab pick-up trucks, it’s important to be aware of a major tax change coming into effect from April 2025
Tags: Strategic Partnership , For You, Corp Tax Planning, Tax Planning

Class 2 NIC

Class 2 NIC

The abolition of compulsory Class 2 National Insurance (NI) was intended to simplify the tax process for the self-employed but instead, it’s causing confusion. Although Class 2 NI is no longer required for most taxpayers from the 2024/25 tax year onwards, some self-assessment filers are receiving revised tax computations that wrongly include it
Tags: For You, SATR, Tax planning

Employment status for hair and beauty salons

Employment status for hair and beauty salons

HMRC has recently published guidance on whether people working in the hair and beauty industry should be treated as employed or self-employed. This is an important distinction for owners of such businesses who are renting out chairs
Tags: For you, Tax planning, Financial Reporting, Finance Team

Inheritance Tax and Lifetime Gifts

Inheritance Tax and Lifetime Gifts

With the inheritance tax (IHT) nil rate bands unchanged for 16 years, more individuals are making lifetime gifts to minimise IHT liability when they ultimately die. However, anyone making gifts needs to be aware of the available exemptions
Tags: For you, Inheritance Tax, Tax planning, Trusts, Estate Planning

Lack of awareness around Making Tax Digital

Lack of awareness around Making Tax Digital

With less than a year until quarterly filing under Making Tax Digital (MTD) is introduced, a recent survey has found that nearly one-third of sole traders are oblivious to the changes
Tags: For you, Corporate, Tax planning, Making Tax Digital, Tax & VAT Compliance

Will Simple Assessment take you by surprise

Will Simple Assessment take you by surprise

In June, HMRC begins sending out simple assessments. They will come as a surprise to many recipients
Tags: For you, SATR, Tax planning,

Companies House Identity Verification

Companies House Identity Verification

Identity verification is being introduced for directors, people with significant control (PSC) and those who file at Companies House. Verification is currently voluntary, but will be made mandatory from this autumn
Tags: Company secretarial

Registration for Self-Assessment

Registration for Self-Assessment

Have you started working for yourself or letting property? You may need to register for Self-Assessment
Tags: SATR , Tax planning, Tax relief, For you, Corporate

Extend Child Benefit Claim

Extend Child Benefit Claim

Parents and guardians of teenagers are being urged to take action to ensure they continue receiving Child Benefit payments as their children move through higher levels of education
Tags: Tax planning, Corporate

Incorporating a property business

Incorporating a property business

If you have a property rental business, you may be running it through a limited company, or you may be operating as an unincorporated business and wondering whether you should incorporate
Tags: Tax planning, For you, Corporate

Menopause talk

Menopause talk

As part of our Mental Health Awareness Week, we hosted a menopause talk for staff, focusing on understanding menopause and its impact in the workplace.
Tags: CSR

Mental Health Awareness Week

Mental Health Awareness Week

In May, we proudly took part in Mental Health Awareness Week, recognising the importance of wellbeing in the workplace and creating space for open conversations around mental health.
Tags: CSR

Overdrawn Directors’ loan account

Overdrawn Directors’ loan account

If you are a company director or shareholder, it’s important to understand how an overdrawn loan account works and what it could mean for your business and your personal tax position
Tags: Corporate, Tax planning, Finance team, Financial reporting

Paying the High Income Child Benefit Charge

Paying the High Income Child Benefit Charge

From this summer, employed taxpayers who have to pay the high-income child benefit charge (HICBC) will no longer need to complete a self assessment tax return. Instead, they can report the charge using HMRC’s new online service
Tags: Tax planning

What might spark a CGT Bill

What might spark a CGT Bill

With basic rate taxpayers now facing doubling capital gains tax (CGT) rates, and with the exempt amount a quarter of its previous level, it is no surprise that considerably more CGT is being paid to HMRC
Tags: Tax planning, Tax relief, Corporate, For you

Easter egg donations

Easter egg donations

During Easter, our team came together to support the incredible local charity Give and Share, Denham Parish St Mary’s Church by collecting Easter eggs for children and families in need.
Tags: CSR

Litterpick

Litterpick

Twice a year, we organise a community litter pick around Gerrards Cross High Street for our staff
Tags: CSR

Staff bi annual massages

Staff bi annual massages

In November, we were delighted to welcome Emily from GX Massage back for our bi-annual workplace massage sessions.
Tags: CSR

Supporting Teddys Wish and Santa

Supporting Teddys Wish and Santa's Grotto

In 2024, we hosted our annual Christmas grotto, bringing festive cheer to families in the local community.
Tags: CSR

‘Give and Share’ charity

‘Give and Share’ charity

We organise a collection of care items for the charity Give and Share, which supports vulnerable families during the festive season
Tags: CSR

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