Blogs, News and Reviews

Welcome to our blog, where we share practical insights, timely updates, and expert guidance to help you stay informed and confident in your financial decisions. Whether you’re a small business owner, a growing company, or simply looking to understand your obligations a little better, our aim is to provide clear, useful and trustworthy advice.

All Posts

What is a UTR Number and How Do You Get One?

If you are self-employed, running a limited company, or need to complete a Self Assessment tax return, you will need a Unique Taxpayer Reference (UTR) number. This essential 10-digit identifier is used by HM Revenue & Customs (HMRC) to track your tax affairs and ensure you are meeting your obligations. At Barnett & Co Accountants in Crewe, we regularly assist clients with obtaining their UTR numbers and understanding how they work. In this comprehensive guide, we explain ever

Tax Essentials

Dec 25 min read

VAT Registration: A Complete Guide for UK Businesses in 2024/25

c VAT registration guide UK 2024 - Barnett and Co Accountants Value Added Tax (VAT) is one of the most important taxes affecting UK businesses, yet many business owners are unclear about when they need to register and what their obligations are. With the VAT registration threshold increasing to £90,000 in April 2024, understanding your VAT obligations has never been more important. At Barnett & Co Accountants , we regularly help clients navigate VAT registration, and we have

VAT Essentials

Nov 254 min read

Don't Miss the Self Assessment Deadline: Understanding the Consequences of Late Filing

The Self Assessment tax return deadline is one of the most important dates in the financial calendar for millions of UK taxpayers. Whether you're self-employed, a landlord, or have multiple income streams, understanding this deadline and the implications of missing it is crucial for your financial wellbeing. Key Dates to Remember The deadline for filing your Self Assessment tax return online is 31st January following the end of the tax year (which runs from 6th April to 5th

Nov 204 min read

Making Tax Digital for Self-Employed: What You Need to Know

If you're self-employed, you've likely heard about Making Tax Digital (MTD) and may be wondering what it means for you and your business. At Barnett & Co Accountants, we understand that navigating new tax requirements can feel overwhelming, which is why we've put together this comprehensive guide to help you understand everything you need to know about MTD for the self-employed. What is Making Tax Digital? Making Tax Digital is HMRC's initiative to transform the UK tax system

Making Tax Digital (MTD)

Nov 197 min read

New Era, New Rules: Mandatory Companies House ID Verification is Here – Are You Ready?

UK Passport for ID Verification Today, 18th November 2025 , marks a pivotal moment for all UK companies. The new mandatory identity verification requirements for company directors and People with Significant Control (PSCs) have officially come into force under the Economic Crime and Corporate Transparency Act 2023 (ECCTA). For businesses, this is not just another administrative task; it is a fundamental shift in how we establish and maintain trust in the UK corporate landscap

Nov 183 min read