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.

Accounting Services in London

Accountants & Tax Advisors London | HMRC Tax Guide 2026

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Running a business or managing personal finances in London today requires more than basic compliance. With tighter regulations, digital tax reporting, and increased scrutiny from HM Revenue & Customs, tax has become a strategic function that directly impacts profitability, cash flow, and long-term stability.  If your current setup only focuses on filing returns, you may be compliant, but you […]

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healthcare-accounting-tax-services-uk

Healthcare Accounting and Tax Services in the UK for Medical Professionals 

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Healthcare professionals in the United Kingdom operate in a highly regulated financial environment where accuracy, compliance, and documentation are essential. Alongside patient care, doctors, consultants, dentists, nurses, and clinic owners must manage income reporting, expenses, and tax obligations under strict rules set by HM Revenue and Customs.  Healthcare accounting and tax services in the UK are designed to support

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Company Secretarial Services

UK Company Secretarial Services: Avoid Costly Mistakes 

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Running a business in the UK sounds simple until you start dealing with compliance. Keeping track of filing deadlines, maintaining company records, and following legal requirements can quickly become overwhelming, especially when you are focused on growing your business.  Many business owners only realise the importance of compliance after facing penalties or missing important filings. By that time, fixing

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property tax accountant in London

Property Tax Accountants in London: A Practical Guide to Rental Income Tax and Compliance 

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Managing property in UK involves more than collecting rent. UK tax rules require landlords, developers, and investors to accurately report income, claim the right expenses, and comply with HMRC regulations.  For many property owners, understanding how rental income is taxed and how to structure finances efficiently can be challenging. This is where experienced Property Tax Accountants in London provide valuable support

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making tax digital for income tax

Not Ready for MTD Yet? Here’s What You Should Do Before April 6 

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If you’re a sole trader or landlord in the UK, the shift to making tax digital for income tax self assessment is no longer something to plan for later. It starts on April 6, 2026, and for many people, that deadline has come around faster than expected.  If you’re feeling behind, confused, or unsure where to begin, you’re not alone. A lot of business owners and

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MDT Mistakes

7 Common Mistakes Sole Traders Make When Preparing for Making Tax Digital

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The way self employed individuals report their income to the UK tax authority is about to change significantly. Through the HM Revenue & Customs Making Tax Digital programme, the government is moving away from annual tax reporting towards a digital, more frequent system. From April 2026, individuals earning more than £50,000 from self employment or

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HMRC Compliance Letters to Uber Drivers 2026 Guide

HMRC Compliance Letters to Uber Drivers 2026 Guide 

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HM Revenue & Customs has started issuing data driven compliance letters to Uber drivers and other private hire drivers across the United Kingdom. These letters follow the receipt of income data directly from digital ride hailing platforms such as Uber and comparison of that data against submitted Self Assessment tax returns.  The message is clear: all income generated

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UK Tax on NRE and NRO Account Interest: Technical Guidance for UK Resident Individuals

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UK resident individuals with Indian bank accounts, including NRE and NRO accounts, are subject to UK tax on overseas interest under the UK’s worldwide taxation system. However, the final tax outcome depends on whether the arising basis or remittance basis applies, how the UK India tax treaty operates, and whether offshore funds are later transferred

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Making Tax Digital for Income Tax

Making Tax Digital for Income Tax from April 2026: A Guide for UK Sole Traders and Landlords 

Leave a Comment / HMRC News, Making Tax Digital, Property taxes, Self Assessment tax return /

From 6 April 2026, HMRC will introduce a significant change to how UK sole traders and landlords report their income. Under Making Tax Digital for Income Tax, individuals with qualifying income above £50,000 will no longer rely solely on an annual Self Assessment return. Instead, they will be required to keep digital records and submit updates throughout the tax year.  This change is part

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Joint property ownership in the UK

Joint Property Ownership in the UK: Clear Tax Rules for Landlords and Property Owners 

Leave a Comment / HMRC News, Property taxes, Self Assessment tax return /

Joint property ownership is a common arrangement for residential and investment properties across the UK. Whether you share ownership with a spouse, partner, friend, or business associate, it’s essential to understand how HMRC treats joint ownership especially when it comes to tax reporting and compliance or UK landlords and property owners. This guide explains the official rules and obligations under UK tax law and

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