Blog & Insights Archives - Cutter & Co Chartered Accountants

I’ve Received a Letter From HMRC About Making Tax Digital. What Should I Do?

Posted by Cutter & Co, on May 1, 2026.

If you’ve received a letter from HMRC about Making Tax Digital (MTD) for Income Tax, it usually means HMRC believes you will need to follow the new rules based on your most recent tax return. Receiving this letter doesn’t mean you’ve done anything wrong. It simply means your income is expected to fall within the […]

What If I Miss the Making Tax Digital Deadline?

Posted by Cutter & Co, on March 25, 2026.

If you’ve missed a Making Tax Digital (MTD) for Income Tax deadline, or you’re worried you might in the future, there are clear steps you can take to put things right. Making Tax Digital is being introduced gradually, and the first quarterly submission deadlines will begin from August 2026 for many taxpayers. HMRC has indicated […]

One Year in Our Newly Refurbished Bromsgrove Office

Posted by Richard Conyers, on December 2, 2025.

It’s hard to believe that a full year has passed since we moved into our newly refurbished Bromsgrove office. What began as a building site full of plans, sketches, and plenty of dust has now become a thriving, welcoming space for both our team and our clients. Just a short walk from Bromsgrove train station […]

Small Business Accounting Tips

Posted by Cutter & Co, on May 23, 2024.

With 5.51 million small businesses currently operating in the UK1, entrepreneurship is thriving. However, research indicates that 29%2 of companies fail because they ‘ran out of cash’. This statistic underscores the critical importance of understanding small business accounting essentials. In this article, drawing from our experience working with various businesses, we share our top five […]

Changes to Child Benefit for High-income earners

Posted by Cutter & Co, on April 17, 2024.

From April 6th, taxpayers with eligible children earning less than £80,000 per annum will keep more of their Child Benefit payments. With the High Income Child Benefit Charge (HICBC) threshold adjusted from £50,000 to £60,000 and the cap increased from £60,000 to £80,000, the government expects that half a million families will now be better […]