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	<title>Blog &#8211; Br Accountancy &#8211; Accredited Sheffield Accountants</title>
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	<title>Blog &#8211; Br Accountancy &#8211; Accredited Sheffield Accountants</title>
	<link>https://braccountancy.co.uk</link>
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	<item>
		<title>We&#8217;re hiring!</title>
		<link>https://braccountancy.co.uk/were-hiring/</link>
		
		<dc:creator><![CDATA[Brooke Dack]]></dc:creator>
		<pubDate>Mon, 13 Jul 2026 14:06:50 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://braccountancy.co.uk/?p=1347</guid>

					<description><![CDATA[Senior Accountant / Client Manager Location:&#160; S20, Sheffield Job type:&#160; Full-time, permanent Salary:&#160; £43,000 – £50,000 DOE Reports to: Director About us We&#8217;re a modern, growing accountancy practice with big plans. We&#8217;re investing in new systems and automation to build a highly efficient firm that&#8217;s ready to scale-up over the next few years. We&#8217;re looking [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>Senior Accountant / Client Manager</strong></p>



<p class="wp-block-paragraph"><strong>Location:&nbsp; </strong>S20, Sheffield</p>



<p class="wp-block-paragraph"><strong>Job type:&nbsp; </strong>Full-time, permanent</p>



<p class="wp-block-paragraph"><strong>Salary:&nbsp; </strong>£43,000 – £50,000 DOE</p>



<p class="wp-block-paragraph"><strong>Reports to: </strong>Director</p>



<h2 class="wp-block-heading"><strong>About us</strong></h2>



<p class="wp-block-paragraph">We&#8217;re a modern, growing accountancy practice with big plans. We&#8217;re investing in new systems and automation to build a highly efficient firm that&#8217;s ready to scale-up over the next few years.</p>



<p class="wp-block-paragraph">We&#8217;re looking for someone who wants to help shape the future of the business and grow <em>with</em> us.</p>



<h2 class="wp-block-heading"><strong>The role</strong></h2>



<p class="wp-block-paragraph">This is a senior, client-facing position with genuine ownership.</p>



<p class="wp-block-paragraph">You&#8217;ll manage your own portfolio of clients, review the team&#8217;s work, provide proactive advice and take the lead on more technical assignments. You&#8217;ll work closely with the Director and have real influence over how the practice evolves.</p>



<p class="wp-block-paragraph">If you&#8217;ve spent years in a larger firm feeling like a small cog, this is an opportunity to have a real voice, make an impact and share in the success as we grow.</p>



<h2 class="wp-block-heading"><strong>What you&#8217;ll be doing</strong></h2>



<ul class="wp-block-list">
<li>Managing your own portfolio of clients and acting as their trusted adviser.</li>



<li>Building strong client relationships and providing proactive advice throughout the year.</li>



<li>Reviewing and quality-checking work produced by the wider team.</li>



<li>Preparing more skilled statutory accounts, tax work and management reporting.</li>



<li>Supporting clients with business growth and helping them understand the numbers behind their business.</li>



<li>Working across our full service offering (bookkeeping, payroll and admin are not part of this role).</li>



<li>Contributing ideas to improve systems, processes and client experience as we continue to grow.</li>
</ul>



<h2 class="wp-block-heading"><strong>You’ll bring</strong></h2>



<ul class="wp-block-list">
<li>AAT Level 4 qualified <strong>minimum</strong> (ACA/ACCA qualified is ideal, but not essential dependent on experience).</li>



<li>A strong background working in accountancy practice, with experience across accounts, tax, and advisory.</li>



<li>Experience in a client-facing role with some review/oversight responsibility.</li>



<li>Confident with technology and cloud software (Xero experience is advantageous).</li>



<li>A proactive mindset with excellent problem-solving skills.</li>



<li>Strong communication skills and the confidence to build lasting client relationships.</li>



<li>Ambition to help grow both the practice and your own career.</li>



<li><em>We don&#8217;t undertake audit work, so audit experience isn&#8217;t required.</em></li>
</ul>



<h2 class="wp-block-heading"><strong>Why join us</strong></h2>



<ul class="wp-block-list">
<li>Flexi-time.</li>



<li>A relaxed, supportive working environment.</li>



<li>23 days holiday + bank holidays, including Christmas closure.</li>



<li>Commission for introducing new clients.</li>



<li>Direct reporting line to the director, with influence over the business.</li>



<li>Future equity opportunity as the practice grows.</li>



<li>Clear progression in a fast-growing practice.</li>
</ul>



<h2 class="wp-block-heading"><strong>Sound like you?</strong></h2>



<p class="wp-block-paragraph">We&#8217;d love to hear from you.</p>



<p class="wp-block-paragraph"><strong>To apply, email brooke@braccountancy.co.uk with your CV, and a couple of lines telling us what excites you about joining a growing practice that&#8217;s investing in AI and automation right now!</strong></p>



<p class="wp-block-paragraph">Application deadline: 23<sup>rd</sup>&nbsp;August 2026</p>
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			</item>
		<item>
		<title>Making Tax Digital for Income Tax (MTD): A Simple 2-Minute Guide for Sole Traders &#038; Landlords</title>
		<link>https://braccountancy.co.uk/making-tax-digital-for-income-tax-mtd-a-simple-2-minute-guide-for-sole-traders-landlords/</link>
					<comments>https://braccountancy.co.uk/making-tax-digital-for-income-tax-mtd-a-simple-2-minute-guide-for-sole-traders-landlords/#respond</comments>
		
		<dc:creator><![CDATA[Brooke Dack]]></dc:creator>
		<pubDate>Thu, 02 Apr 2026 09:15:52 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[making tax digital]]></category>
		<category><![CDATA[MTD]]></category>
		<category><![CDATA[mtd for income tax]]></category>
		<category><![CDATA[sheffield]]></category>
		<guid isPermaLink="false">https://braccountancy.co.uk/?p=1336</guid>

					<description><![CDATA[Making Tax Digital (MTD) sounds complicated, but it doesn’t have to be. Here’s a simple breakdown of what’s changing and what it means for you. What is MTD? MTD is HMRC’s new system to make tax more digital. HMRC are introducing MTD to reduce errors, improve accuracy, and move the tax system closer to real-time [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">Making Tax Digital (MTD) sounds complicated, but it doesn’t have to be. Here’s a simple breakdown of what’s changing and what it means for you.</p>



<p class="wp-block-paragraph"><strong>What is MTD?</strong></p>



<p class="wp-block-paragraph">MTD is HMRC’s new system to make tax more digital. HMRC are introducing MTD to reduce errors, improve accuracy, and move the tax system closer to real-time reporting.</p>



<p class="wp-block-paragraph">Right now, most sole traders:</p>



<ul class="wp-block-list">
<li>Keep records however they like</li>



<li>Submit one tax return per year</li>
</ul>



<p class="wp-block-paragraph">Under MTD, you’ll need to:</p>



<ul class="wp-block-list">
<li>Keep digital records (using software such as Xero)</li>



<li>Send updates to HMRC every 3 months &#8211; These updates are summaries of your income and expenses, not full tax calculations.</li>



<li>Complete a final end-of-year declaration to confirm your total income and expenses, similar to your current Self Assessment tax return. This will include the totals from your quarterly updates, along with any other income or reliefs not already reported</li>
</ul>



<p class="wp-block-paragraph"><strong>When does MTD apply to me?</strong></p>



<p class="wp-block-paragraph">Right now, the MTD thresholds are:</p>



<p class="wp-block-paragraph">From <strong>April 2026</strong>:</p>



<ul class="wp-block-list">
<li>Sole traders and landlords earning <strong>over £50,000</strong></li>
</ul>



<p class="wp-block-paragraph">From <strong>April 2027</strong>:</p>



<ul class="wp-block-list">
<li>Sole traders and landlords earning <strong>over £30,000</strong></li>
</ul>



<p class="wp-block-paragraph">From <strong>April 2028</strong>:</p>



<ul class="wp-block-list">
<li>Sole traders and landlords earning <strong>over £20,000</strong></li>
</ul>



<p class="wp-block-paragraph">This is based on <strong>total income (not profit) </strong>on your <strong>last</strong> tax return.</p>



<p class="wp-block-paragraph"><strong>Are there any pros to MTD?</strong></p>



<p class="wp-block-paragraph">Whilst it seems like an extra admin burden, there are a few upsides:</p>



<ul class="wp-block-list">
<li>No more last-minute panic in January</li>



<li>More visibility of your income and finances throughout the year</li>



<li>Better organised and up-to-date finances</li>



<li>No more piles of paper records gathering dust</li>
</ul>



<p class="wp-block-paragraph"><strong>FAQs</strong></p>



<ul class="wp-block-list">
<li><strong>Will I pay more tax?</strong> No, you are only reporting your income more frequently, not making additional tax payments.</li>



<li><strong>Will I pay tax more frequently?</strong> No, tax will be calculated with the year end return and paid in January and July, as normal.</li>



<li><strong>Can I still use spreadsheets</strong>? Yes, as long as they can be connected to HMRC via compatible software. Your accountant can submit.</li>



<li><strong>What do I need to do now</strong>? Speak to your accountant! They can guide you on next steps and make sure you’re prepared.</li>
</ul>



<p class="wp-block-paragraph">For more information, see HMRC&#8217;s official guidance: <a href="https://www.gov.uk/government/collections/making-tax-digital-for-income-tax" target="_blank" rel="noopener">Making Tax Digital for Income Tax &#8211; GOV.UK</a></p>



<p class="wp-block-paragraph">Need our help? Get in touch: <a href="https://braccountancy.co.uk/contact-us/">Contact BR Accountancy &#8211; Trusted Sheffield Accountants</a></p>



<p class="wp-block-paragraph"></p>
]]></content:encoded>
					
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		<item>
		<title>Can You Claim VAT on Expenses Before Registering? Here’s What HMRC Allows</title>
		<link>https://braccountancy.co.uk/can-you-claim-vat-on-expenses-before-registering-heres-what-hmrc-allows/</link>
					<comments>https://braccountancy.co.uk/can-you-claim-vat-on-expenses-before-registering-heres-what-hmrc-allows/#respond</comments>
		
		<dc:creator><![CDATA[awmedia.admin]]></dc:creator>
		<pubDate>Mon, 20 Oct 2025 14:27:10 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://braccountancy-co-uk.stackstaging.com/?p=1259</guid>

					<description><![CDATA[If you’ve recently registered for VAT, or you’re about to, you might be wondering whether you can claim VAT back on purchases made before registration. Good news: HMRC allows you to reclaim VAT on certain pre-registration expenses, as long as they relate to your business and meet a few simple conditions. What You Can Claim [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">If you’ve recently registered for VAT, or you’re about to, you might be wondering whether you can claim VAT back on purchases made before registration.<br><br>Good news: HMRC allows you to reclaim VAT on certain pre-registration expenses, as long as they relate to your business and meet a few simple conditions.</p>



<h2 class="wp-block-heading">What You Can Claim VAT Back On</h2>



<p class="wp-block-paragraph">HMRC’s rules let you reclaim VAT on:<br><br>• <strong>Goods </strong>bought up to 4 years before registration, which you still own or use in your business.<br>&nbsp; 👉 Example: You bought a laptop or tools two years ago and still use them &#8211; the VAT is claimable.</p>



<p class="wp-block-paragraph">👉 Example: Stock purchased for resale, which you haven’t sold by the VAT registration date – the VAT is reclaimable since you’ll be paying VAT on the sale of these items.<br><br>•<strong> Services</strong> (like accountancy, web design, or marketing) paid for within 6 months before registration.<br>&nbsp; 👉 Example: You paid for branding or bookkeeping help a few months ago &#8211; the VAT on that can be reclaimed too.</p>



<h2 class="wp-block-heading">The Conditions You Need to Meet</h2>



<p class="wp-block-paragraph">To reclaim VAT on pre-registration purchases:<br><br>1. The goods or services must be used for your business (not personal).<br>2. You must still own or use the goods at registration.<br>3. You need valid VAT invoices for each expense claimed.</p>



<h2 class="wp-block-heading">How to Reclaim Pre-Registration VAT</h2>



<p class="wp-block-paragraph">You include the reclaim in your first VAT return after registering.<br><br>Keep clear records for everything claimed as HMRC may ask for evidence.</p>



<h2 class="wp-block-heading">A Quick Example</h2>



<p class="wp-block-paragraph">You started trading in January and registered for VAT in October. You bought:<br>&#8211; A laptop in February (£1,200 inc. VAT)<br>&#8211; Stock in March (£6,000 inc. VAT) — you’ve since sold £3,000 of it<br>&#8211; Website design in April (£600 inc. VAT)<br><br>When you submit your first VAT return, you can reclaim VAT on:<br>&#8211; The laptop (still in use so qualifies under the 4-year rule for goods).<br>&#8211; £3,000 worth of the stock (that&#8217;s the portion you still held at registration.)<br>&#8211; The website design (service within 6 months).<br><br>You can’t reclaim VAT on the £3,000 of stock you’ve already sold, as it’s no longer on hand when you register. That means your total reclaim is based only on goods and services still held or used by the business at the registration date.</p>



<p class="wp-block-paragraph">That’s a VAT reclaim of £800! This will be deducted from your total VAT liability, and potentially generate a refund.</p>



<h2 class="wp-block-heading">Need Help Getting It Right?</h2>



<p class="wp-block-paragraph">At BR Accountancy, we help businesses make the most of VAT registration &#8211; from handling your first VAT return to ensuring every eligible expense is reclaimed.<br><br>If you’re unsure what qualifies, <a href="https://braccountancy-co-uk.stackstaging.com/contact-us/" data-type="page" data-id="891" target="_blank" rel="noopener">get in touch</a>! We’ll review your records and make sure you don’t miss a thing.</p>
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