Magali Lovell-Pascal

It’s nothing unusual for many business owners to worry over #tax and #Bookkeeping ..do you? @MagsBookkeeping are here to put your mind at ease! Mags Bookkeeping and Office Management Solutions based in #Ruthin began in 2009 with founder Magali Lovell-Pascal.

Plastic Packaging Tax updates ahead Plastic Packaging Tax rules from April 2027 add new ways to track recycled plastic use and tighter record-keeping. This will impact manufacturers and importers directly. #PlasticTax #Recycling #Sustainability tinyurl.com/2s45facf

New Advance Assurance Paths for SME R&D Claims SMEs get new options to secure advance assurance on R&D tax claims, targeting complex or first-time submissions with tailored support from HMRC now. #RandD #TaxRelief #SMEs tinyurl.com/huauv3us

HMRC Speeds Up NI Refunds HMRC is speeding up National Insurance refunds. If you get a letter, check the details carefully and respond to claim what's yours. Stay alert to scams. #HMRC #NationalInsurance #TaxNews tinyurl.com/8mbbe6ez

Real-Time Payroll Reporting Starts 2027 Employers must report certain benefits in real time from April 2027. Changes impact company cars, medical benefits, and more. Prepare payroll now. #Payroll #Tax #Business tinyurl.com/48tfksum

UK–India National Insurance exemptions update UK–India temporary workers: some can keep their social security exemption for 52 weeks. Indian workers in UK no certificate needed. UK workers in India must apply. #SocialSecurity #UKIndia #Employment tinyurl.com/2w6thdz5

HMRC issues fresh tax notices on savings interest HMRC is sending tax notices for 2025-26 savings interest. You may get multiple letters if they update your tax info. Check any new notifications now. #HMRC #Tax #Savings tinyurl.com/ybs75rvv

Crypto tax alerts for investors Crypto transactions like swaps and spending could trigger capital gains tax. Keep records and check reporting rules to avoid surprises with HMRC. #crypto #tax #HMRC tinyurl.com/jycdy2ud

HMRC tax debt update: Rising recovery and support HMRC reports £42.8bn of tax debt outstanding amid stronger recovery efforts and tailored support for struggling taxpayers across the UK. Find out what this means. #Tax #HMRC #Finance tinyurl.com/2erfsstc

Pension tax traps to watch for Pension income and lump sums can affect your tax rate unexpectedly. Know how all your earnings combine to avoid surprises at tax time. #Tax #Pensions #Finance tinyurl.com/4946sm86

Child Benefit Tax Payment Option Expands If you pay the Child Benefit tax charge, you may now switch to PAYE for payment, avoiding self-assessment. Check if you qualify before 2027 deadline. #ChildBenefit #Tax #HMRC tinyurl.com/5xh9cz3m

Education providers may reclaim VAT after court ruling A Court of Appeal ruling opens the door for some education providers to claim VAT refunds, pending HMRC's Supreme Court appeal decision. #education #VAT #legalnews tinyurl.com/2s5a4ky9

New Tax Rules for Company Directors Company directors filing self-assessment need to report details on close companies and dividends from 2025-26. Prepare your info for smooth filing. #taxupdate #directors #HMRC tinyurl.com/94xt6n5b

New customs platform for NI-GB trade New TSS customs platform goes live 20 Oct 2026 for NI-GB trade. Pre-enrol from 1 Oct to keep moving goods hassle-free. Prepare now or miss out. #Customs #NorthernIreland #Trade tinyurl.com/czhush7z

UK property gains reporting alert Certain UK property sellers must report gains to HMRC within 60 days or risk penalties. This applies even if you don't usually do a tax return. Stay informed now. #PropertyTax #UKFinance #HMRC tinyurl.com/z3uanfny

Capital Allowances Restricted for Early Project Costs Capital allowances on predevelopment costs face restrictions after a Supreme Court ruling. Businesses should review their tax positions carefully now. #tax #capitalallowances #business tinyurl.com/2rfb4c5s

HMRC Targets Medical Consultancy Income HMRC is asking medical consultants to check consultancy income on tax returns within 30 days or risk penalties and compliance checks if errors are found. #tax #HMRC #medical tinyurl.com/3v9c52ku

Corporation tax breaks new records UK corporation tax receipts have topped £100 billion for the first time, signalling a major shift in the nation's fiscal landscape and business contributions. #Tax #Finance #CorporationTax tinyurl.com/yntnt7ct

New vaping tax takes effect in UK A new vaping tax charges £2.20 per 10ml in the UK, with mandatory duty stamps rolling out now. Keep an eye on your vape products starting today. #vaping #UKtax #regulation tinyurl.com/mwz8p75e

New on How Corporation Tax Hits Business Sales Corporation Tax applies when companies sell assets like property or equipment. Knowing what affects your chargeable gain can make all the difference. #TaxNews #Business #Finance tinyurl.com/3ykxcyur

Voluntary NICs Review Underway The government is reviewing voluntary National Insurance contributions with new rules for those abroad shaping up. Are your pension plans ready for change? #Pensions #NationalInsurance #UKFinance tinyurl.com/wzphwdau