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.

Minimum Wage Rates Rise in 2027 Minimum wage rates rise from April 2027: over-21s get 50p more hourly, younger workers see increases while youth recruitment concerns hold bigger jumps back. #MinimumWage #LivingWage #UKJobs tinyurl.com/49mp6vtf

Pensions Added to Inheritance Tax from 2027 Pensions will count towards Inheritance Tax from April 2027. Personal reps and beneficiaries share responsibility. Review your estate plans now to prepare. #InheritanceTax #Pensions #EstatePlanning tinyurl.com/3rt7c5jb

Fuel Duty Cut Extended to Help Drivers Fuel duty cut extended till mid-2027 with better mileage rates and cheaper public EV charging to ease costs for drivers and commuters alike. #FuelDuty #EVCharging #Transport tinyurl.com/3vdm2ffp

HMRC Enforces Fines on Marketplaces HMRC clamps down on online marketplace operators with fines for late, missing, or incorrect tax reports starting October 2026. Compliance is now essential. #TaxLaw #HMRC #Ecommerce tinyurl.com/329rym6t

HMRC targets major company shareholders on tax returns HMRC warns major company shareholders to check their 2025-26 self-assessment returns carefully to avoid potential tax issues by the 31 January 2027 deadline. #HMRC #TaxUpdate #CompanyShares tinyurl.com/mpxcuj5p

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