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27/06/2026

July Accura Accountants Newsletter

Welcome to the Accura Accountants Limited monthly newsletter, bringing you the latest tips to keep you one step ahead of the taxman. We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and that they receive useful tax and business advice and support throughout the year.

If you would like further assistance or wish to discuss your circumstances in more detail with one of our team, please do get in touch.

HMRC Inheritance Tax Enquiries Hit Six-Year High
HMRC opened 4,940 formal inheritance tax (IHT) enquiries in the last financial year - an 18% increase year-on-year. Read More...
 
Summer attractions see VAT reduced to 5%
As part of the government's "Great British Summer Savings" package, aimed at helping families during rising costs linked to the Iran war, Rachel Reeves announced a VAT cut to 5% on tickets (for adults and children) for theme parks, zoos and museums. Read More...
 
Increase in Mileage Allowance
The Approved Mileage Allowance Payment (AMAP) for employees using their own car for work (not commuting) has risen from 45p to 55p per mile for the first 10,000 miles per tax year. After 10,000 miles, the rate remains 25p per mile. Read More...
 
Reminder: check if you are eligible for the Employment Allowance
The Employment Allowance allows companies and charities to reduce their annual National Insurance (NI) liability. Read More...
 
July Questions and Answers
Q: I can no longer claim tax relief on my expenses when working from home. Is there anything I can do (I'm a basic rate taxpayer)? Read More...
 
July Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 30th September. Read More...
 
About Us

Accura Accountants Limited are based in Borehamwood, Hertfordshire, offering business owners and individuals a wide range of services.

We are a firm of accountants who pride ourselves on giving your business the time and effort it deserves. Blending traditional values with a modern approach, we provide your business with personal, forward looking advice, based on your unique requirements. At Accura Accountants Limited, our aim is to help you focus on important business decisions, by simplifying compliance and proactively interacting with you on day to day financial, accounting and taxation matters.

For more information, please get in touch with your usual Accura contact or email info@accuramail.com

You can also visit our website accuraaccountants.com.

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