Steffen Kemmerzehl, MAAT, AATQB – The Accounting Hub Running a successful business takes more than hard work. Whether you are a roofer replacing damaged roofs across Newcastle, a builder managing multiple projects, or a business owner in another industry entirely, strong financial management is what turns effort into lasting profit. Many business owners tell us …
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If you run a business or work as a sole trader, you’re already familiar with payroll, tax, and compliance. But did you know that household benefits and tax-free schemes available to your employees or even to you can also impact your financial planning, payroll, and the advice you provide? If we talk about benefit it …
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As HMRC and Companies House continue introducing new compliance requirements, choosing a qualified and regulated accountant has never been more important. Recent warnings from the AAT, ACCA and ICAEW highlight the risks posed by unregulated tax advisers and refund agents operating across the UK. At the same time, the introduction of identity verification requirements and …
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In business, every set of accounts tells a story.Sometimes it’s one of steady growth and smart planning. Other times, it’s a warning about challenges just around the corner. Recently, a well-known Newcastle city-centre venue, The Earl of Pitt Street, closed its doors after more than ten years of trading. For many locals it was more …
Food Industry battling Costs and Tax 03 July – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog Many restaurants begin with a passion for great food and excellent service, but staying profitable depends on much more than a busy dining room. Food businesses often operate on tight margins, making it essential to keep …
Common Tax Mistakes and Forensic Accounting Implications for Sole Traders 17 Oct 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog Many sole traders make simple tax mistakes without even realising it. If you manage your own bookkeeping or complete your own Self Assessment tax return, small errors can quickly lead to …
The Mistakes That Could Cost You Hundreds 13 Oct 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog Most people who receive an HMRC penalty never expected it to happen. They are not trying to avoid paying tax or hide their income. In many cases, the problem starts with a simple oversight, such as missing a …
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Tips for UK, EU and others 11 Oct. 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog If you’ve recently moved to the UK or are planning to it’s essential to understand how your income, savings, and investments will now be taxed. The UK government abolished the long-standing non-domiciled (non-dom) tax regime …
What UK Residents With Overseas Income Need to Know 10 Oct. 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog If you live in the UK and have income, savings, property, or investments abroad, there have been significant changes to how this is taxed. From 6 April 2025, the UK moved away from the long-standing non-domicile …
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How to Protect Your Money 29 Sept. 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog Cryptocurrency and Digital Assets: Reporting Has Changed If you hold or trade crypto, keeping good records is becoming increasingly important. The UK’s Cryptoasset Reporting Framework came into effect from January 2026. UK cryptoasset service providers within the rules now have …
Read more “UK Tax Changes in 2026: What Actually Matters to You”