Author name: Pat Sharma FCA, ACCA

Pat Sharma FCA, ACCA Pat Sharma is a Fellow Chartered Accountant (FCA) and ACCA-qualified tax advisor with over 15 years of experience supporting small businesses, contractors, landlords, and limited companies across London. As the founder of Brayan & Spencer Associates, Pat specialises in proactive tax planning, cloud accounting, and HMRC compliance for UK businesses.

Accountancy Firm London team reviewing HMRC deadlines with a business owner

Accountancy Firm London: Who Is Watching Your HMRC Deadlines? 

A late filing fee does not care how busy you were. HMRC and Companies House issue penalties automatically, and in 2026 several of them got bigger.  That is why choosing the right Accountancy Firm London businesses can depend on matters more than ever. A good firm does not just file your returns. It owns your […]

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UK sole trader checking MTD penalty points with their accountant and tax adviser in London

Has Your Accountant Actually Mentioned MTD Penalty Points to You? If Not, That’s Your Answer 

Quick answer: If you are a sole trader or landlord earning over £50,000 and your accountant has not raised making tax digital penalty points with you unprompted, that is a genuine warning sign, not a minor oversight. It is one of the clearest, most current tests of whether an accountant and tax specialist is managing

Has Your Accountant Actually Mentioned MTD Penalty Points to You? If Not, That’s Your Answer  Read More »

audit preparation checklist for financial audit services UK

Audit Day Is Coming: Here’s What Actually Happens (And How to Get Ready)

An audit letter lands in your inbox and your stomach drops a little, even when you know your books are clean. That reaction is normal. If you’re looking into financial audit services UK businesses actually rely on, you’re not alone: most owners go through years of trading before sitting through more than a handful of

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Signed Up for MTD in September

Signed Up for MTD in September? Here’s What 7 November Means for You 

If HMRC has recently written to tell you that you’re now signed up for Making Tax Digital for Income Tax, you’re not alone and you’re not necessarily behind. But there’s a deadline sitting just weeks away that catches a lot of people out: 7 November 2026, the second quarterly update.  Whether you signed up yourself

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UK business owner learning the truth behind common audit myths In-Post

5 Audit Myths UK Business Owners Still Believe (And Why They’re Wrong)

“We’re too small for anyone to care.” “Getting audited means HMRC’s onto you.” “My accountants already got this covered.” Sound familiar? If you’ve said, or believed, any of these, you’ve been carrying around an audit myth that could be quietly costing your business money, and you’re not the only one.  Here’s the thing: none of

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audit assurance services

Audit-exempt in 2026? Why smart UK firms still get audited

Picture this. Your accountant tells you the good news: you no longer need a statutory audit. No more auditors going through your books, no more fees for something the law used to force on you. Sounds like a win. But here’s the twist. Plenty of business owners in this position are still choosing to get

Audit-exempt in 2026? Why smart UK firms still get audited Read More »

How to Sign Up for Making Tax Digital for Income Tax: Step-by-Step Guide

How to Sign Up for Making Tax Digital for Income Tax: Step-by-Step Guide 

If you are a sole trader or landlord, HMRC’s official sign-up service for Making Tax Digital for Income Tax is now the route every eligible taxpayer needs to go through, either voluntarily or before HMRC does it for you. We recently covered what happens if HMRC auto-enrols you from September 2026. This guide covers the

How to Sign Up for Making Tax Digital for Income Tax: Step-by-Step Guide  Read More »

Helping Hand Through Your CQC Audit and Registration

From CQC Registration to Audit: Practical Support for Care Providers 

Quick answer: CQC registration and ongoing compliance depend on financial evidence just as much as clinical policy. A specialist healthcare accountant helps care providers demonstrate financial viability at registration, navigate VAT rules specific to welfare services, and keep the statutory accounts and governance records that feed directly into CQC’s Well-led assessment. Brayan & Spencer Associates

From CQC Registration to Audit: Practical Support for Care Providers  Read More »

HMRC MTD Auto-Enrolment 2026: What You Must Do Now

HMRC MTD Auto-Enrolment 2026: What You Must Do Now

Quick answer: From September 2026, HMRC will begin automatically signing up sole traders and landlords who should be using Making Tax Digital for Income Tax but have not registered. Auto-enrolment puts you into HMRC’s system. It does not set up your software, connect your bank to feed, digitise your records, or file your quarterly updates.

HMRC MTD Auto-Enrolment 2026: What You Must Do Now Read More »

CQC Audit

CQC Audit for Health and Social Care Services: The Key Areas We Check 

If you run a health or social care service, you already know CQC compliance isn’t optional. What’s less obvious is how to find out where you actually stand before an inspector tells you. That’s what a CQC audit is for, and it’s worth understanding properly, whether you’re booking one for the first time or reviewing

CQC Audit for Health and Social Care Services: The Key Areas We Check  Read More »

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