by T | Jan 18, 2026 | Blog, News, Uncategorized
The 31st of January is a crucial date for anyone required to complete a HMRC Self-Assessment tax return. If you are self-employed, a company director, or have additional income outside PAYE, this deadline applies to you. Missing it can result in penalties, interest...
by T | Jan 11, 2026 | Blog, News, Uncategorized
As we settle into 2026, it’s worth looking back at the key tax, financial and Self Assessment developments introduced during 2025 and how they now affect individuals, landlords and small business owners. One of the most talked-about changes last year was the...
by T | Sep 17, 2025 | Blog, News, Uncategorized
Artificial intelligence is no longer a futuristic concept – it is already transforming the way accountancy firms everywhere and across West London and Ealing work. But rather than replacing accountants, AI is enhancing the profession, freeing up time for more...
by T | Aug 25, 2025 | Blog, News, Uncategorized
Navigating your Self-Assessment tax return as a self-employed individual doesn’t have to be daunting—with GnC Accounting right here in West London to support you every step of the way. 1. Do You Need to File? If you earned more than £1,000 from self-employment,...
by T | Jul 26, 2025 | Blog, News, Uncategorized
From April 2026, Making Tax Digital (MTD) for Income Tax Self-Assessment becomes mandatory for anyone earning over £50,000 through self-employment and/or property. If you’re based in Ealing, Acton, Chiswick or anywhere in West London, this change could affect you. The...
by T | Jun 28, 2025 | Blog, News, Uncategorized
Despite the withdrawal of paper banknotes and old-style coins, a staggering £6.6 billion remains unreturned in the UK. The Bank of England has revealed that 375 million paper notes are still in circulation — including 160 million £20 notes and 46 million £50 notes —...