Blog
How Accountants for Influencers Help Manage Brand Income and Taxes
Building a successful career as an influencer can create exciting opportunities, but it also comes with growing financial responsibilities. As income increases through TikTok,...
What is Making Tax Digital for Income Tax?
What It Means & How to Prepare for MTD ITSA Article Summary From April 2026, if you earn over £50K from self-employment and/or property income, you must keep digital records...
SME Accounting Services That Support Sustainable Business Growth
A Case Study in Smarter Tax Planning For many small businesses, accounting only becomes a priority when a tax deadline approaches. This SME accounting case study shows how the...
Post Probate Accountants for Tax and Estate Support
After someone passes away, tax obligations don’t end. Tax and reporting responsibilities can arise both up to the date of death and during estate administration. This may include...
Capital Gains Tax Accountant
Maximising profits and minimising tax liabilities when selling a second home or investment property Article Summary Selling a second home or investment property in the UK? You...
Accountants for Hospitality Businesses
Enhancing Accuracy and Efficiency in Your Hospitality Finances Article Summary Struggling to keep your hospitality finances under control? As accountants for hospitality...
How we helped with HMRC Penalties for Undeclared Income
Case Study - Let Property Campaign with HMRC What Happened and Why It Matters A client unknowingly failed to declare rental income and on the sale of a property. HMRC opened an...
Navigating Tax Changes for 2025: What You Need to Know
A Budget Review for Personal Tax Efficiency The Autumn Budget 2024, presented by Chancellor Rachel Reeves, introduces significant tax reforms set to take effect in 2025. These...
Gifting Property? Here’s what you need to know
If you're considering gifting your property, whether to children, grandchildren, a partner, or even into a company, there are significant tax implications to understand. Stamp...
Taxes on online sales: selling on Vinted, Etsy, Airbnb, or eBay?
Earning more than £1,000 through online sales? You need to know the New Rules from January 2025 The rules and taxes on online sales are changing for online sellers. Starting...
Tech Accountants London
Passman Leonard’s accounting for tech companies In the rapidly evolving tech industry, the right accounting support can mean the difference between merely surviving and truly...
Accountants for startups
We have a wealth of experience as accountants for startups here at Passman Leonard and provide tailored services to support new businesses on their route to success with holistic...
Accountants for construction and building companies
Here at Passman Leonard, as accountants for construction and building companies, we are aware of all of the variables involved in this industry. Building and construction...
Hybrid Rate Capital Allowances
Maximising Tax Savings with Capital Allowances For businesses, capital expenditure is an integral part of growth and expansion. What many business owners may not realise is that...
Capital allowances on garden offices
Maximising tax benefits when working at home In recent years, the concept of working from home has gained significant popularity, leading to a surge in the demand for garden...
How to create a Government Gateway Account
Streamline Your Tax Matters with a Government Gateway Account A Government Gateway account is an online service provided by the government that allows individuals and businesses...
Buy to lets as a limited company
What are the tax liability advantages vs disadvantages Investing in residential property as a buy-to-let venture has become increasingly popular, attracting both private...
Things to do before the end of the tax year
When we are heading towards the end of the tax year, it's time to take stock of your finances to make sure you're making the most of any tax reliefs efficiencies available to...
National insurance and pensions
Will I miss out on my State Pension? At Passman Leonard, we understand the importance of planning for your future and ensuring that you receive all the benefits that you are...
Can I deregister for VAT?
Government statistics reveal that the UK threshold of £85,000 enables approximately 3.55 million small businesses to operate without being Value Added Tax (VAT) registered. If...
Should you do a tax return if you are PAYE?
I am a full-time employee, do I still have to fill in Self-Assessment tax return If you're an employee earning income through the PAYE (Pay As You Earn) system, you may wonder...
How to notify HMRC that a company has ceased trading
If you are a director or owner of a limited company that has ceased trading, you will need to notify HM Revenue & Customs (HMRC) and Companies House. In this blog, we will...
Accountants for ecommerce
With the convenience of setting up an online store and the ability to reach a global audience, it's no wonder that many entrepreneurs are turning to ecommerce as a means of...
Accounting for estate agents
Passman Leonard understands that running a successful estate agents office, or offices, means there will be not enough hours in the day. Dealing with accounting principles can...
Penalty for late filing of VAT return and late payment of VAT
HMRC have implemented a new system of penalty points for the late filing of VAT returns and late payment of VAT from 1st January 2023. The new process has been put in place to...
How to get started with Xero, Receiptbank and Dext Training
Are you working in the office or on your mobile app out and about viewing your receipts and invoices in real time? Regardless, it’s important that everything to do with the...
What is a CIS return and how we can help?
CIS stands for Construction Industry Scheme (CIS). They help regulate the payments construction contractors make to subcontractors who carry out work for them. CIS contractors...
How do you declare Capital Gains Tax on the sale of a residential property in the UK?
Capital Gains Tax on the sale of residential property UK Capital Gains Tax (CGT) is a tax on the profit gained from the sale of valuable items or assets. The most common capital...
IT Consultant Accountant
At Passman Leonard Certified Accountants, we specialise in working closely with our IT Consultant clients, so we understand the speed at which tech moves. In this industry, you...
Accounting for Architectural Firms
Building sound business finances Why is accounting for an architectural firm different to any other business? All businesses deal with common financial matters such as managing...