Self Assessment and Making Tax Digital work best when the director’s personal tax is worked out in autumn and quarterly updates come from bookkeeping that is already current.
Leave the work until January and the payment can collide with payroll, corporation tax or a planned hire. Egbenn keeps the work moving during the year, so January is already accounted for.
Egbenn Accountancy handles Self Assessment and Making Tax Digital for owner-managed limited companies across Hertfordshire and London. Personal tax is worked out in autumn, quarterly updates are handled, and Crosby Enninful ACCA takes every client call under a fixed monthly fee agreed first.
See the expected amount while there is still time to plan the payment.
Current bookkeeping keeps each MTD update from becoming a fresh search for missing transactions.
Crosby checks how salary and dividends sit alongside the company’s tax position.
A late return affects more than the filing date when the cash has already been committed elsewhere.
“My personal tax was worked out in January, after I had already used the cash elsewhere.”
The payment then competed with payroll, corporation tax or money set aside for growth.
“I kept taking dividends, then learned too late that the company’s year had changed what I owed.”
The decision was made without the personal and company tax being considered together.
“The quarterly update was due, but the bookkeeping still stopped months earlier.”
Time went into rebuilding the missing months before the update could be handled.
What changes once the work happens during the year?
Bookkeeping stays current throughout the year. Crosby works out the director’s personal tax in autumn and handles each quarterly update. By January, the return and expected payment have already been addressed.
Answer these questions about what your current accountant could tell you this week.
Question 1 of 3
Could they tell you today what your personal tax payment is expected to be?
Could they confirm whether your MTD quarterly updates and bookkeeping are current?
Could they explain how your salary and dividends affect the year ahead?
The gap is affecting real payments and deadlines. The free growth review checks what is outstanding and what should happen next.
Part of the routine is working, though one decision still lacks an answer. The disclosure example below shows why unresolved tax work deserves direct attention.
Your current accountant is covering the decisions that matter here. The guides can still help you prepare for the next deadline or change.
A filing service can submit a return, while year-round work prepares the owner for the payment and the next decision.
Collects the information after the year has ended.
Works out personal tax close to January.
Treats MTD updates as separate deadlines.
Reports what has already happened.
Keeps the bookkeeping current through the year.
Works out the director’s personal tax in autumn.
Handles quarterly updates from the same bookkeeping.
Discusses dividends and next year’s tax before decisions are made.
These checks show whether the return and each quarterly update can be handled from current information.
Is every source of personal income included?
Salary, dividends, property income and other relevant income need to be considered.
Has anyone checked whether MTD applies?
Crosby checks when quarterly updates apply and what needs to be kept current.
Is the bookkeeping up to date?
Each update should come from transactions already entered and checked.
Do salary and dividends match the company accounts?
Personal tax and company accounts should be reviewed together.
Has the expected personal tax payment been discussed?
The amount should be considered before January competes with other payments.
Is anything outstanding with HMRC or Companies House?
The review identifies unresolved returns, notices and company filings.
Will the return be prepared before winter?
Egbenn works out the director’s personal tax in autumn.
Is the ongoing work covered by an agreed fee?
Egbenn agrees one fixed monthly fee before work starts.
The return, quarterly updates and company bookkeeping are handled as connected parts of the same tax year.
The director’s personal tax is worked out before January starts competing with other business payments.
See if Egbenn fitsCurrent bookkeeping supports each required update without rebuilding the year every quarter.
See if Egbenn fitsCrosby discusses how the owner is paid alongside the company accounts and expected tax.
See if Egbenn fitsThe selected case involved income that had never appeared on a tax return.
The client had several properties and had never declared the rental income.
Egbenn prepared and submitted the voluntary disclosure, dealt with HMRC directly and set up ongoing returns to keep the position right.
The same direct approach applies to routine Self Assessment, before an overlooked source of income becomes a larger problem.Clients described by type. Names withheld.
Each stage moves the work away from the filing deadline and into the year when decisions are made.
Crosby reviews the last accounts, current bookkeeping and anything outstanding with HMRC or Companies House.
Egbenn contacts the previous accountant, collects the files and identifies any catch-up work.
The bookkeeping is brought current, MTD dates are mapped and responsibility for each update is settled.
The calendar is set for personal tax to be worked out before winter, with January prepared for in advance.
It suits an owner-run limited company where the business is the owner’s main income.
It is not set up for property side interests or rent to rent arrangements.
It is not intended for a short-life contractor company run alongside a job.
It is not for pre-revenue projects or enquiries driven only by finding a lower fee.
The free growth review will show whether the service matches the business and its next decision.
The scope is agreed before work starts. For a limited company, it can include bookkeeping, VAT, payroll, year-end accounts, corporation tax and the director’s personal return, plus MTD updates where they apply. The fee is fixed monthly and never taken from a timesheet.
Yes. The free growth review starts with the last accounts, the current bookkeeping and anything outstanding with HMRC or Companies House. If there is a fit and you choose to move, Egbenn handles the handover and agrees the monthly scope before work begins.
Crosby first checks how the bookkeeping is kept and where access sits. Egbenn works with cloud records by default. If anything needs to change, it is dealt with during the handover, alongside the files collected from the previous accountant and the agreed monthly scope.
Egbenn writes to the previous accountant, requests professional clearance and collects the available files. Any catch-up work is identified and discounted. The ongoing work then starts under one monthly fee agreed in advance, with upcoming returns and payment dates included in the handover plan.
Egbenn’s process is to work out the director’s personal tax in autumn. That gives time to see how salary, dividends and other income affect the amount due. By January, the return and the expected payment have already been addressed through the year.
Making Tax Digital adds quarterly updates to the director’s existing tax routine where it applies. Egbenn keeps the bookkeeping current, handles those updates and still prepares the annual Self Assessment position. Each deadline then comes from the same up-to-date work.
Answer a few quick questions, get a personalised recommendation, and Crosby will arrange the free review if there is a fit.
See if Egbenn fitsAsk Crosby what needs checking before the current accountant files anything.
Ask Crosby a questionThe guides explain the tax and growth decisions an owner should be discussing during the year.
Read the guides