Pomfrey Accountants Clear numbers. Dependable advice. Local support.

Pomfrey Accountants

Clear numbers. Dependable advice. Local support.

Latest Articles

The Sunday Night Ledger: Five Signs Your Bookkeeping Has Outgrown the Kitchen Table
Cash Flow

The Sunday Night Ledger: Five Signs Your Bookkeeping Has Outgrown the Kitchen Table

DIY bookkeeping feels free until you count the hours, the errors and the reliefs left unclaimed. This practical guide offers a self-audit checklist to help you judge whether your Sunday-night system is quietly costing your business money.

Kin on the Clock: Employing a Spouse or Teenager the Right Way
Payroll

Kin on the Clock: Employing a Spouse or Teenager the Right Way

Bringing a family member onto the payroll can offer genuine tax and pension advantages — but only when the arrangement stands up to scrutiny. This guide walks through the rules on wages, working hours and record-keeping that keep everything above board.

Changing Lanes Mid-Journey: Moving Your MTD Records to New Software Without Losing Count
Self Assessment

Changing Lanes Mid-Journey: Moving Your MTD Records to New Software Without Losing Count

Making Tax Digital has prompted many sole traders and landlords to reconsider their first choice of bookkeeping software — and some have outgrown it. Here is a methodical, step-by-step approach to migrating your records without duplicating income or losing your opening balances.

From Favours to Fees: When Helping a Friend's Business Becomes Taxable Work
Self Assessment

From Favours to Fees: When Helping a Friend's Business Becomes Taxable Work

Many owners of small businesses quietly lend their skills to others — a spot of bookkeeping for a neighbouring shop, payroll guidance for a former colleague. When does goodwill turn into a trade, and what should you declare? This guide sets out the practical steps for formalising a second income without unwelcome surprises.

Where the Road Starts: Claiming Travel Costs Honestly When Your Office Is Wherever You Park
Self Assessment

Where the Road Starts: Claiming Travel Costs Honestly When Your Office Is Wherever You Park

Travel is one of the most commonly misclaimed expenses on a Self Assessment return — not through dishonesty, but through confusion about where business journeys begin and end. This guide sets out the rules on mileage versus actual costs, mixed-purpose trips, and the records that will stand up to scrutiny.

The Empty Desk Test: What Happens to Your Books When You're Not There
Cash Flow

The Empty Desk Test: What Happens to Your Books When You're Not There

Most small businesses run on one person's memory — the owner who knows the banking logins, the filing habits and the supplier terms. We argue that building simple redundancy into your admin is far cheaper than the disruption of losing that knowledge overnight.

Keys, Tenants and Tax Returns: A First-Time Landlord's Guide to Getting the Paperwork Right
Self Assessment

Keys, Tenants and Tax Returns: A First-Time Landlord's Guide to Getting the Paperwork Right

Letting out a property for the first time can feel daunting, particularly once the tax questions start to surface. This calm, practical walkthrough covers the property income allowance, the expenses you can legitimately claim, and how rental income fits into your Self Assessment return.

Two Incomes, One Tax Return: Keeping the Books Straight When Your Side Hustle Sits Alongside the Day Job
Self Assessment

Two Incomes, One Tax Return: Keeping the Books Straight When Your Side Hustle Sits Alongside the Day Job

Thousands of UK employees now earn extra money through freelance work, online shops and weekend trade — and many are unsure how it all fits with PAYE. This guide explains when HMRC must be told, what counts as trading, and how to keep side-hustle records clean without upsetting the day job.

One Basket, All Your Eggs: A Sober Look at Single-Client Dependence
Cash Flow

One Basket, All Your Eggs: A Sober Look at Single-Client Dependence

When one client accounts for most of your turnover, the risk isn't only commercial — it runs straight through your tax planning, your VAT position and your cash flow. We look at how to test your exposure and what diversification means for the numbers.

Not Quite Income: How to Record Grants and Support Payments Without Getting It Wrong
Cash Flow

Not Quite Income: How to Record Grants and Support Payments Without Getting It Wrong

A high street improvement grant, a regional growth fund award, a council energy rebate — the money arrives welcome and uncomplicated. The bookkeeping, less so. This guide explains when grants are taxable, how to record them, and what they mean for your VAT return.

Registering Before You Must: The Deliberate Case for Voluntary VAT
Cash Flow

Registering Before You Must: The Deliberate Case for Voluntary VAT

For businesses sitting just under the £90,000 VAT threshold, registration can feel like a penalty for doing well. Yet in some circumstances, signing up early is a shrewd commercial decision. Here is a calm framework for working out which side of the line you fall on.

If You Couldn't Pick Up the Phone Tomorrow: A Continuity Plan for the Business Owner Who'd Rather Not Think About It
Business Structures

If You Couldn't Pick Up the Phone Tomorrow: A Continuity Plan for the Business Owner Who'd Rather Not Think About It

Illness and accident rarely send advance notice, yet most sole traders and small company owners have no plan for who steps in. This guide sets out the practical arrangements — lasting powers of attorney, HMRC nominations, accessible records and insurance — that keep a business standing when its owner cannot.

Beyond the Fee Quote: Questions That Reveal Whether an Accountant Truly Fits Your Business
Business Structures

Beyond the Fee Quote: Questions That Reveal Whether an Accountant Truly Fits Your Business

Your accountant may be one of the longest professional relationships you ever build, so the choice deserves more thought than a quick price comparison. This guide sets out the questions worth asking, the answers that should reassure you, and the warning signs that suggest you should keep looking.

A Year in Four Quarters: The Steady Rhythm of a Well-Run Small Business
Self Assessment

A Year in Four Quarters: The Steady Rhythm of a Well-Run Small Business

The UK tax year rarely announces itself; it simply arrives. This quarterly diary maps the dates and duties that matter most, so nothing catches you by surprise.

The Polite Chase: A Step-by-Step Approach to Collecting Overdue Invoices
Cash Flow

The Polite Chase: A Step-by-Step Approach to Collecting Overdue Invoices

Chasing unpaid invoices is rarely about confrontation — it is a discipline of clear terms, timely reminders and knowing your rights. Here is a calm, structured process for getting paid without souring a client relationship.

The Quiet Invoice: What Missed Deadlines Really Cost You and Your Business
Self Assessment

The Quiet Invoice: What Missed Deadlines Really Cost You and Your Business

Missed tax deadlines rarely announce themselves loudly — they simply add up. We set out the penalty bands, the interest charges, and the less visible costs of falling behind, along with a sensible route back to good standing.

Receipts Worth Keeping: Ten Allowable Expenses That Quietly Slip Through the Net
Self Assessment

Receipts Worth Keeping: Ten Allowable Expenses That Quietly Slip Through the Net

Every year, small business owners pay more tax than they need to — not through carelessness, but through caution. Here are ten legitimate claims that regularly go unclaimed, and the simple habit that stops them slipping away.

Paying Yourself From Your Own Company: The Salary and Dividend Balancing Act for 2025
Business Structures

Paying Yourself From Your Own Company: The Salary and Dividend Balancing Act for 2025

For owner-managers of limited companies, how you extract profits matters as much as how you earn them. We walk through the 2025/26 figures, the case for a modest salary topped up with dividends, and worked examples at three profit levels.

The Brown Envelope: A Calm Guide to HMRC Compliance Checks
Self Assessment

The Brown Envelope: A Calm Guide to HMRC Compliance Checks

Receiving a letter from HMRC is enough to unsettle anyone, but a compliance check is rarely the disaster people imagine. Here is what the process actually involves, what your rights are, and how good records turn a stressful enquiry into a routine exercise.

Two Ways to Count: Choosing Between Cash Basis and Accruals for Your Business
Business Structures

Two Ways to Count: Choosing Between Cash Basis and Accruals for Your Business

The accounting method you choose shapes when income and expenses appear in your accounts — and when tax falls due. We walk through three worked examples to show which approach suits different types of small business.