My Tax Accountant

14/08/2026

The April 2026 umbrella company reforms introduced important changes to PAYE compliance that businesses and contractors should understand.

This video explains how the joint and several PAYE liability rules operate, who may become responsible for unpaid PAYE, and why supply chain compliance has become increasingly important. We also outline the policy objectives behind the reforms and the practical implications for businesses engaging workers through umbrella companies.

This guidance is relevant for contractors, recruitment agencies, umbrella companies, end clients, employers and payroll professionals.

We'll discuss practical due diligence, documentation, HMRC expectations, and the importance of maintaining robust compliance procedures to reduce tax risk.

Contact Details
Phone: 0208 5708531
Email: [email protected]
Website: www.mytaxaccountant.co.uk

Disclaimer
This video provides general UK tax guidance only. It is not personalised advice. Tax legislation and HMRC guidance may change. Individual facts can affect the correct tax treatment. Seek professional advice before making compliance decisions.

14/08/2026

https://www.mytaxaccountant.co.uk/post/why-downsizing-your-primary-residence-could-trigger-iht

Discover why downsizing your primary residence could create hidden Inheritance Tax bills in the UK. Learn practical ways to protect your family’s estate now.

13/08/2026

Companies House is introducing significant changes to company accounts filing from April 2028, making early preparation increasingly important.

This video explains the planned filing reforms, why they are being introduced, and how they may affect companies submitting annual accounts. We discuss the expected compliance requirements, filing processes, and the wider reforms being introduced under the Economic Crime and Corporate Transparency framework.

This video is relevant for company directors, shareholders, accountants, business owners, finance teams and anyone responsible for statutory filings.

We also cover practical preparation, record-keeping, filing deadlines and why maintaining accurate accounting records is essential for ongoing compliance. Always check the latest Companies House and HMRC guidance before submitting statutory information.

Contact Details
Phone: 0208 5708531
Email: [email protected]
Website: www.mytaxaccountant.co.uk

Disclaimer
This video provides general UK tax and company compliance guidance only. It is not personalised professional advice. Legislative requirements may change over time. Individual business circumstances vary. Obtain professional advice before taking action.

12/08/2026

https://www.mytaxaccountant.co.uk/post/why-naming-your-grandchildren-as-direct-beneficiaries-minimises-multigenerational-uk-tax-liability

Discover how naming your grandchildren as direct beneficiaries can significantly reduce UK inheritance tax across generations. Protect your family’s wealth, take action today.

11/08/2026

If you're buying a UK property with a granny annexe in 2026, understanding the latest SDLT rules is essential.

This video explains how the abolition of Multiple Dwellings Relief (MDR) affects Stamp Duty Land Tax calculations where a property includes a granny annexe or separate accommodation. We discuss when annexes may still influence SDLT, how purchases are assessed under current legislation, and the practical impact on buyers.

This guidance is particularly relevant for homeowners, landlords, property investors, families purchasing multi-generational homes, and anyone considering properties with self-contained annexes.

We'll also cover practical planning points, common misconceptions, record-keeping, and the importance of reviewing HMRC guidance before completing a purchase. Understanding the rules early can help avoid unexpected SDLT liabilities and compliance issues.

For professional advice tailored to your circumstances, speak to My Tax Accountant.

Contact Details
Phone: 0208 5708531
Email: [email protected]
Website: www.mytaxaccountant.co.uk

Disclaimer
This video provides general UK tax guidance only. It is not personalised tax, legal or financial advice. Tax legislation and HMRC practice may change over time. Individual circumstances can produce different tax outcomes. Always seek professional advice before making financial decisions.

10/08/2026

https://www.mytaxaccountant.co.uk/post/section-24-mortgage-interest-relief

09/08/2026

An IR35 status change can significantly affect a contractor's take-home income, tax position and business planning in 2026.

In this video, MTA explains what may happen if a contract that was previously considered outside IR35 is later treated as inside IR35. We examine how employment taxes, National Insurance, company income and contractor earnings can change using practical UK examples. We also explain the role of status determinations and why working practices remain important.

This video is designed for contractors, freelancers, consultants, limited company directors, recruitment agencies and businesses engaging off-payroll workers.

We also discuss practical compliance measures, contract reviews, maintaining accurate documentation and following HMRC guidance to reduce the risk of unexpected tax disputes. Understanding your employment status before accepting or renewing contracts can help you make informed business decisions.

Contact MTA
Phone: 0208 5708531
Email: [email protected]
Website: www.mytaxaccountant.co.uk

Disclaimer
This video provides general UK tax guidance for 2026. It is intended for educational purposes only. It is not personalised tax, legal or financial advice. IR35 outcomes depend on the specific contractual terms and actual working practices. Always obtain professional advice before making tax or business decisions.

07/08/2026

Section 24 mortgage interest relief remains one of the most important tax rules affecting UK residential landlords in 2026.

In this video, MTA explains how the Section 24 finance cost restriction operates and why mortgage interest is no longer deducted as a normal business expense for most individual landlords. Instead, eligible finance costs generally receive a basic-rate 20% tax reduction. Using realistic numerical examples, we demonstrate how taxable rental profits, income tax and the final tax liability are calculated.

This video is relevant for buy-to-let landlords, higher-rate taxpayers, additional-rate taxpayers, and anyone receiving rental income from UK residential property.

We also discuss practical planning points, common misunderstandings, record-keeping requirements and why checking your overall taxable income can be important when estimating your final tax bill. Where appropriate, always follow the latest HMRC guidance and retain supporting records for your Self Assessment return.

Contact MTA
Phone: 0208 5708531
Email: [email protected]
Website: www.mytaxaccountant.co.uk

Disclaimer
This video provides general UK tax guidance for 2026. It is intended for educational purposes only. It does not constitute personalised tax, legal or financial advice. Tax outcomes depend on your individual circumstances and current HMRC legislation. Always seek professional advice before making financial or tax decisions.